Optimal Investment with a Nonlinear Amortization Function in Economic Growth

摘要

Some neoclassicalmodel of economic growth is considered, and the conditions are found of attainability and optimal management of the investments for this model. Here the production function and the amortization expenses depend nonlinearly on capital and labor. The existence and uniqueness theorems are proved for the optimal investment in economy, as well as the theorem of attainability of a given economic level.