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Exact solutions for a Solow-Swan model with non-constant returns to scale

Author

Listed:
  • Nicolò Cangiotti

    (Politecnico di Milano)

  • Mattia Sensi

    (Inria Sophia Antipolis - Méditerranée Research Centre)

Abstract

The Solow-Swan model is shortly reviewed from a mathematical point of view. By considering non-constant returns to scale, we obtain a general solution strategy. We then compute the exact solution for the Cobb-Douglas production function, for both the classical model and the von Bertalanffy model. Numerical results are eventually provided.

Suggested Citation

  • Nicolò Cangiotti & Mattia Sensi, 2023. "Exact solutions for a Solow-Swan model with non-constant returns to scale," Indian Journal of Pure and Applied Mathematics, Springer, vol. 54(4), pages 1278-1285, December.
    • Handle: RePEc:spr:indpam:v:54:y:2023:i:4:d:10.1007_s13226-022-00341-7
    DOI: 10.1007/s13226-022-00341-7
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    References listed on IDEAS

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