长期经济增长2.ppt

该【长期经济增长2 】是由【落意心】上传分享，文档一共【129】页，该文档可以免费在线阅读，需要了解更多关于【长期经济增长2 】的内容，可以使用淘豆网的站内搜索功能，选择自己适合的文档，以下文字是截取该文章内的部分文字，如需要获得完整电子版，请下载此文档到您的设备，方便您编辑和打印。长期经济增长2SOLOWMODEL生产函数Y=AF(L,K,H,N)Y=quantityofoutputA=availableproductiontechnologyL=quantityoflaborK=quantityofphysicalcapitalH=quantityofhumancapitalN=quantityofnaturalresourcesF()=1/L,Y/L=AF(1,K/L,H/L,N/L)Where:Y/L=outputperworkerK/L=physicalcapitalperworkerH/L=humancapitalperworkerN/L=naturalresourcesperworkerTheprecedingequationsaysthatproductivity(Y/L)dependsonphysicalcapitalperworker(K/L),humancapitalperworker(H/L),andnaturalresourcesperworker(N/L),aswellasthestateoftechnology,(A).worker,yCapitalperworker,kf(k)1MPK=f(k+1)–f(k)umulationChangeincapitalstock =investment–depreciation dk =i –?k Sincei=sf(k),es:dk=sf(k)–?kThebasicidea:Investmentincreasesthecapitalstock,’scentralequationDeterminesbehaviorofcapitalovertime……which,inturn,determinesbehaviorofalloftheotherendogenousvariables., eperperson: y=f(k) consumptionperperson: c=(1–s)f(k)dk=sf(k)–?k