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Some Functional Relations Which Arise in Analysis of a One-product Economic Model

Leonid Kantorovich and L. Gor'kov

Problems of Economic Transition, 1976, vol. 19, issue 4-6, 51-56

Abstract: In studying economic phenomena, substantial assistance may be rendered by analysis of mathematical models that enable us to study some phenomenon under simplified assumptions. We present below some simplified mathematical models that describe the process of growth of basic capital and production in a one-product dynamic model under an optimal plan.

Date: 1976
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DOI: 10.2753/PET1061-19911904050651

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Handle: RePEc:mes:prectr:v:19:y:1976:i:4-6:p:51-56