{"title":"具有非线性生产函数的经济增长模型的最优控制方法","authors":"A. V. Boiko, N. Smirnov","doi":"10.1145/3274856.3274874","DOIUrl":null,"url":null,"abstract":"In this paper, we analyze a neoclassical model of economic growth. Such models are widely used for the analysis of macroeconomic processes. One of the important elements of the growth model is a production function, which relates an output production to quantities of inputs (capital, labor, etc.). Considering the dynamic variant of the model, we use the nonlinear dynamized Cobb -- Douglas production function. The main economic objective of this work is to show how to effectively manage the consumption policy to maximize the final capital and the total consumption. We reduce this problem to a dynamic nonlinear problem of optimal control. Its solution is constructed by R. Gabasov's adaptive method. We construct the optimal control (consumption policy) in the class of piecewise-constant functions. Numerical experiments are carried out to prove the reliability and efficiency of the approach. A software package is developed in the MATLAB environment.","PeriodicalId":373840,"journal":{"name":"Proceedings of the 3rd International Conference on Applications in Information Technology","volume":"103 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2018-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"1","resultStr":"{\"title\":\"Approach to Optimal Control in the Economic Growth Model with a Nonlinear Production Function\",\"authors\":\"A. V. Boiko, N. Smirnov\",\"doi\":\"10.1145/3274856.3274874\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"In this paper, we analyze a neoclassical model of economic growth. Such models are widely used for the analysis of macroeconomic processes. One of the important elements of the growth model is a production function, which relates an output production to quantities of inputs (capital, labor, etc.). Considering the dynamic variant of the model, we use the nonlinear dynamized Cobb -- Douglas production function. The main economic objective of this work is to show how to effectively manage the consumption policy to maximize the final capital and the total consumption. We reduce this problem to a dynamic nonlinear problem of optimal control. Its solution is constructed by R. Gabasov's adaptive method. We construct the optimal control (consumption policy) in the class of piecewise-constant functions. Numerical experiments are carried out to prove the reliability and efficiency of the approach. A software package is developed in the MATLAB environment.\",\"PeriodicalId\":373840,\"journal\":{\"name\":\"Proceedings of the 3rd International Conference on Applications in Information Technology\",\"volume\":\"103 1\",\"pages\":\"0\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2018-11-01\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"1\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Proceedings of the 3rd International Conference on Applications in Information Technology\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.1145/3274856.3274874\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Proceedings of the 3rd International Conference on Applications in Information Technology","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1145/3274856.3274874","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
Approach to Optimal Control in the Economic Growth Model with a Nonlinear Production Function
In this paper, we analyze a neoclassical model of economic growth. Such models are widely used for the analysis of macroeconomic processes. One of the important elements of the growth model is a production function, which relates an output production to quantities of inputs (capital, labor, etc.). Considering the dynamic variant of the model, we use the nonlinear dynamized Cobb -- Douglas production function. The main economic objective of this work is to show how to effectively manage the consumption policy to maximize the final capital and the total consumption. We reduce this problem to a dynamic nonlinear problem of optimal control. Its solution is constructed by R. Gabasov's adaptive method. We construct the optimal control (consumption policy) in the class of piecewise-constant functions. Numerical experiments are carried out to prove the reliability and efficiency of the approach. A software package is developed in the MATLAB environment.