Developing Systems

The turnpike properties of optimal trajectories of economic development (cyclic exceptions)

S. V. Chukanov

Moscow

Abstract: For long-term planning, a dynamical model of inter-industry balance is studied in continuous time. Asymptotic properties of optimal paths for the so called case of “cyclic phenomenon” are discussed, and examples of characteristic optimal paths are presented.

UDC: 338


Received: 24.02.1975

 English version: Automation and Remote Control, 1975, 36:10, 1680–1687

Bibliographic databases:

• 
•