Title :
Control model of macroeconomic growth process
Author :
Jun, Zhao ; Jingyuan, Yu
Author_Institution :
Beijing Inst. of Inf. & Control, China
Abstract :
In this paper, a macroeconomic system is regarded as a class of birth and death process. Applying methods of system science and control theory, we establish a control model of the macroeconomic system. Finally, we prove that there exists a unique solution to the mathematical model
Keywords :
closed loop systems; differential equations; economic cybernetics; economics; integral equations; optimal control; birth and death process; control model; control theory; macroeconomic growth process; system science; Aging; Control theory; Cybernetics; Density functional theory; Econometrics; Humans; Macroeconomics; Mathematical model; Production systems;
Conference_Titel :
Systems, Man, and Cybernetics, 1996., IEEE International Conference on
Conference_Location :
Beijing
Print_ISBN :
0-7803-3280-6
DOI :
10.1109/ICSMC.1996.569768
