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APPLICATIONS OF HAMILTONIAN AND LAPLACE TRANSFORM IN AN ECONOMIC MODEL

APPLICATIONS OF HAMILTONIAN AND LAPLACE TRANSFORM IN AN ECONOMIC MODEL

作     者:龚六堂 

作者机构:Guanghua School of Management Peking University Beijing 100871 China Institute of Advanced Economic Studies Wuhan University Wuhan 430072 China 

出 版 物:《Acta Mathematica Scientia》 (数学物理学报(B辑英文版))

年 卷 期:2000年第20卷第4期

页      面:442-450页

核心收录:

学科分类:07[理学] 070104[理学-应用数学] 0805[工学-材料科学与工程(可授工学、理学学位)] 0704[理学-天文学] 0701[理学-数学] 

主  题:Hamilton system Laplace transform foreign aid capital accumulation 

摘      要:This paper analyzes the long-run effects and short-run effects of foreign aid on the domestic economy by using the Hamilton system and Laplace transform. It is found that an increase in the foreign aid has no long-run effect on the foreigll borrowing, domestic capital accumulation and the foreign direct investment in the home country, but increases the steady-state consumption level the same amount. However, the short-run analysis presents that increasing foreign aid does not affect the initial consumptioll level and the initial consumption increase rate; but it affects the initial savings positively.

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