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来源类型 | Conference or Workshop Item (UNSPECIFIED) |
规范类型 | 其他 |
Nonlinear stabilizers of economic growth under exhausting energy resources. | |
Ayres RU; Tarasyev AM | |
发表日期 | 2009 |
出处 | Proceedings of CAO'09: IFAC Workshop on Control Applications of Optimisation, 6-8 May 2009 |
出版年 | 2009 |
语种 | 英语 |
摘要 | The paper is devoted to the model of the optimal economic growth with the exogenous dynamics of the energy factor. The research is based on the real data representing main macroeconomic indicators of the US economy. These indicators are GDP and three production factors: capital, labor and useful work. The specific production function is implemented in the model to express the relationship between factors of production and the quantity of output produced. The trends of the economy's growth are analyzed by means of the dynamic model which formalizes the process in the mathematical optimal control problem. This problem is solved using the version of the Pontryagin maximum principle, elements of the qualitative theory of differential equations and methods of differential games. A nonlinear stabilizer is proposed for constructing synthetic trajectories of economic growth. Numerical experiments are fulfilled via elaborated software. The comparison of optimal trajectories and real trends are presented. Based on the model simulations the scenarios of future growth are discussed. |
主题 | Dynamic Systems (DYN) |
关键词 | Economic design Optimization problems Steady-state stability Feedback stabilization Numerical simulation |
URL | http://pure.iiasa.ac.at/id/eprint/9053/ |
来源智库 | International Institute for Applied Systems Analysis (Austria) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/132310 |
推荐引用方式 GB/T 7714 | Ayres RU,Tarasyev AM. Nonlinear stabilizers of economic growth under exhausting energy resources.. 2009. |
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