Developing Systems

Using turnpike properties of a nonstationary economy model for evaluating the impact of technological change

V. N. Kokarev

Moscow

Abstract: Turnpike properties are analyzed of a dynamic nonstationary model of an economy. A technique which does not call for a heavy computer load in evaluating the impact made by large technological changes and has been earlier proposed for a model with constant factors is extended to the case of slowly changing technical standards. In the method the values are compared of an economic criterion computed by a finite formula of for turnpike paths for original and changed standards.

UDC: 519.865.7


Received: 13.07.1987

 English version: Automation and Remote Control, 1989, 50:6, 787–795

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