Existence and sensitivity analysis of op
โ
Nikolaos S. Papageorgiou
๐
Article
๐
1992
๐
Elsevier Science
๐
English
โ 633 KB
## Abetract-ln this paper, we examine a model of optimal economic growth with infhrite continuous time plannin g horizon, convex technology and an aggregate discounted utility. First, we establish the existence of optimal capital accumulation paths, and then we study their variations as well as th