@ARTICLE{26543120_26547640_1999, author = {Sergey Lobanov}, keywords = {, growth factor, economic growth theory, production functionthe Cobb-Douglas production function}, title = {

Оп the Optimal Growth Theory

}, journal = {HSE Economic Journal }, year = {1999}, volume = {3}, number = {1}, pages = {28-41}, url = {https://ej.hse.ru/en/1999-3-1/26547640.html}, publisher = {}, abstract = {Numerous studies of the conditions of long-term economic growth contain a mathematical problem of optimal control over an unlimited period of time. This article identifies some of the common mistakes in principle. For the Cobb-Douglas production function, a complete solution of the optimal economic growth problem in a closed single-sector economy is given.}, annote = {Numerous studies of the conditions of long-term economic growth contain a mathematical problem of optimal control over an unlimited period of time. This article identifies some of the common mistakes in principle. For the Cobb-Douglas production function, a complete solution of the optimal economic growth problem in a closed single-sector economy is given.} }