Parameter estimation of the Solow–Swan fundamental differential equation
Background: The Solow–Swan model describes the long-term growth of the capital to labor ratio by the fundamental differential equation of Solow–Swan theory. In conventional approaches, this equation was fitted to data using additional information, such as the rates of population growth, capital depr...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Elsevier
2022-10-01
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Series: | Heliyon |
Subjects: | |
Online Access: | http://www.sciencedirect.com/science/article/pii/S2405844022021041 |