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Modeling of Technological Change

  • Natali Hritonenko
  • Yuri Yatsenko
Part of the Applied Optimization book series (APOP, volume 34)

Abstract

Technological change (TC) in mathematical economics is understood to be a combination of the effects which lead to increasing production output without increasing the amount of resources used. Such concept of TC includes also a progress in the methods of production management.

Keywords

Technological Change Innovation Process Capital Labor Ratio Solow Model Increase Production Output 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer Science+Business Media Dordrecht 1999

Authors and Affiliations

  • Natali Hritonenko
    • 1
  • Yuri Yatsenko
    • 2
  1. 1.Department of Mathematical SciencesUniversity of AlbertaEdmontonCanada
  2. 2.Cybernetics ConsultingEdmontonCanada

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