Cobb-Douglas生产函数和效用函数下的均衡分析

An Equilibrium Analysis under Cobb-Douglas Production and Utility Functions

Wu Li ()

MPRA Paper from University Library of Munich, Germany

Abstract: The equilibrium analyses under the classical growth framework mainly concern production processes so far and the utility-maximization of consumers is left out of consideration. On the basis of the thoughts of the equilibrium analyses under the classical growth framework, some numerical examples are presented to illustrate the method of the equilibrium analysis under Cobb-Douglas production and utility functions, and the method also applies to other production and utility functions.

Keywords: Equilibrium; Balanced Growth; Input Coefficient Matrix; Sraffian System; von Neumann Growth Model; Utility Function (search for similar items in EconPapers)
JEL-codes: B51 C67 D5 (search for similar items in EconPapers)
Date: 2010-06-04
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