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An Endogenous Production Function in the Green Solow Model

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Optimization and Applications (OPTIMA 2023)

Part of the book series: Lecture Notes in Computer Science ((LNCS,volume 14395))

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Abstract

The paper amends the Green Solow model to replace the neoclassical production function by an endogenous production function. This endogenous function incorporates the growth rate, the rate of degradation of production capacities, and their age limit. All these internal parameters of the economic system make the analysis of environmental problems more interesting.

The publication has been prepared with the support of the “Research and development program using the infrastructure of the Shared Center of FRC CSC RAS”.

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Authors and Affiliations

  1. Federal Research Center “Computer Science and Control” of the Russian Academy of Science, Moscow, Russia

    Nicholas Olenev

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  1. Nicholas Olenev
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Correspondence to Nicholas Olenev .

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Editors and Affiliations

  1. FRC CSC RAS, Moscow, Russia

    Nicholas Olenev

  2. FRC CSC RAS, Moscow, Russia

    Yuri Evtushenko

  3. University of Montenegro, Podgorica, Montenegro

    Milojica Jaćimović

  4. Krasovsky Institute of Mathematics and Mechanics, Ekaterinburg, Russia

    Michael Khachay

  5. FRC CSC RAS, Moscow, Russia

    Vlasta Malkova

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Olenev, N. (2023). An Endogenous Production Function in the Green Solow Model. In: Olenev, N., Evtushenko, Y., Jaćimović, M., Khachay, M., Malkova, V. (eds) Optimization and Applications. OPTIMA 2023. Lecture Notes in Computer Science, vol 14395. Springer, Cham. https://doi.org/10.1007/978-3-031-47859-8_18

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  • DOI: https://doi.org/10.1007/978-3-031-47859-8_18

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  • Print ISBN: 978-3-031-47858-1

  • Online ISBN: 978-3-031-47859-8

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