A Model of Optimal Allocation of Resources to R&D: Further Results. I

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http://eprints.org/relation/isVersionOf https://pure.iiasa.ac.at/id/document/4961 http://eprints.org/relation/isVolatileVersionOf https://pure.iiasa.ac.at/id/document/4961 http://eprints.org/relation/isCoversheetVersionOf https://pure.iiasa.ac.at/id/document/4961 archive 351 disk0/00/00/70/59 2016-01-15 02:15:57 2021-08-27 17:18:22 2016-01-15 02:15:57 monograph show 2 Lysenko A. A Model of Optimal Allocation of Resources to R&D: Further Results. I pub iis_mod prog_dyn We provide further analysis of two-country endogenous growth model considered in Aseev, et.al., 2002. to solve a suitably defined infinite horizon dynamic optimization problem an appropriate version of the Pontryagin maximum principle is applied. The properties of optimal controls and the corresponding optimal trajectories are characterized by means of a qualitative analysis of the solutions of the Hamiltonian system arising through the implementation of the Pontryagin maximum principle. 2003-06 published IR-03-022 IR-03-022 public interim_report IIASA, Laxenburg, Austria 34 FALSE info:eu-repo/semantics/book