Optimal Management of GDP Components

Viktor Oliinyk ()
Additional contact information
Viktor Oliinyk: Doctor of Economic Sumy State University Sumy Ukraine, Postal: UA

Journal of Advanced Research in Law and Economics, 2018, vol. 9, issue 2, 603-614

Abstract: The article considers the problem of the management of GDP for different countries Trade balance is one of the components GDP and it performs as management function The problem is solved by means of Pontryagin maximum principle The condition of optimality represents the minimization of discounted consumer spending Optimal trajectories of GDP of some countries from the specified initial position 2016 year until specified final state 2021 year are shown

Date: 2018
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:srs:jarle0:v:9:y:2018:i:2:p:603-614

Access Statistics for this article

Journal of Advanced Research in Law and Economics is currently edited by Madalina Constantinescu

More articles in Journal of Advanced Research in Law and Economics from ASERS Publishing
Bibliographic data for series maintained by Claudiu Popirlan ( this e-mail address is bad, please contact ).