An Economic Model for OECD Economies with Truncated <i>M</i>-Derivatives: Exact Solutions and Simulations

An Economic Model for OECD Economies with Truncated <i>M</i>-Derivatives: Exact Solutions and Simulations

This article proposes two conformal Solow models (with and without migration), accompanied by simulations for six Organisation for Economic Co-operation and Development economies. The models are proposed by employing suitable Inada conditions on the Cobb–Douglas function and making use of the trunca...

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Bibliographic Details
Main Authors: Luis A. Quezada-Téllez, Guillermo Fernández-Anaya, Dominique Brun-Battistini, Benjamín Nuñez-Zavala, Jorge E. Macías-Díaz
Format: Article
Language:English
Published: MDPI AG 2021-07-01
Series:Mathematics
Subjects:
Solow growth model
truncated M-derivative
fractional operators
Inada conditions
Online Access:https://www.mdpi.com/2227-7390/9/15/1780

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