The Hamiltonian approach to the problem of derivation of production functions in economic growth theory

• Tác giả: Roman G Smirnov, Kunpeng Wang
• Ngôn ngữ: eng
• Ký hiệu phân loại: 385.1 Economic aspects of production
• Thông tin xuất bản: 2019
• Bộ sưu tập: Metadata
• ID: 163044

Tóm tắt

We introduce a general Hamiltonian framework that appears to be a natural setting for the derivation of various production functions in economic growth theory, starting with the celebrated Cobb-Douglas function. Employing our method, we investigate some existing models and propose a new one as special cases of the general $n$-dimensional Lotka-Volterra system of eco-dynamics.