Exact solutions for a Solow-Swan model with non-constant returns to scale
arXiv:2008.05875 · doi:10.1007/s13226-022-00341-7
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 simulations are provided.
arXiv comment10 pages, 4 figures