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arXiv · 2008.05875

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

Nicolò Cangiotti·Mattia Sensi
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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.

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Nicolò Cangiotti, Mattia Sensi. 2020-08-13. Exact solutions for a Solow-Swan model with non-constant returns to scale. https://doi.org/10.1007/s13226-022-00341-7

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