| The Optimal Solution of the Model with Physical and Human Capital Adjustment Costs |
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| 作者姓名： | RAOLan-lan CAIDong-han |
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| 作者单位： | [1]SchoolofMathematiesandStatisties,WuhanUniversity,Wuhan430072,Hubei,China [2]SchoolofMathematiesandStatisties,WuhanUniversity,Wuhan430072,Hubei,China |
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| 基金项目： | SupportedbytheNationelNaturalScienceFoundationofChina (79970 1 0 4 ) |
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| 摘 要： | We prove that the model with physical and human capital adjustment costs has optimal solution when the production function is increasing return and the structure of vetor fields of the model changes substantially when the prodution function from decreasing return turns to increasing return. And it is shown that the economy is improved when the coefficients of adjustment costs become small.
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| 关 键 词： | 最优解 非零平衡 调整费用 人力资源 物理模型 |
| 收稿时间： | 12 June 2003 |
The optimal solution of the model with physical and human capital adjustment costs |
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| RAOLan-lan CAIDong-han.The Optimal Solution of the Model with Physical and Human Capital Adjustment Costs[J].Wuhan University Journal of Natural Sciences,2004,9(4):404-406. |
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| Authors: | Rao Lan-lan Cai Dong-han |
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| Affiliation: | (1) School of Mathematies and Statisties, Wuhan University, 430072 Wuhan, Hubei, China |
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| Abstract: | We prove that the model with physical and human capital adjustment costs has optimal solution when the production function is increasing return and the structure of vetor fields of the model changes substantially when the prodution function from decreasing return turns to increasing return.And it is shown that the economy is improved when the coefficients of adjustment costs become small. |
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| Keywords: | optimal solution nonzero equilibrium adjustment costs |
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