Population Dynamics in Optimally Controlled Economic Growth Models: Case of Cobb-Douglas Production Function
S. Opuni-Basoa, F. T. Oduro & G. A. Okyere · Journal of Advances in Mathematics and Computer Science · 2017
In this paper, we discuss optimally controlled economic growth models with Cobb-Douglas aggregate production function, comparing real per capita income performance in scenarios where the labour (population) growth dynamics range from purely exponential to strongly logistic. The p...
Open access
Research Article
10.9734/JAMCS/2017/36753