This paper shows that the Saito version of Solow growth model contains an error. It corrects this error. It further applies some built-in functions of Mathematica to the correct version of Solow economic growth model and derives some interesting graphs from the Solow convergent paths.Solow growth model

Jason (Jen-Shan) Kao

Yeung-Nan Shieh

English

Research Papers in Economics

(*Figure 13: Drawing share of capital input vs initial capital *) (* NOTE : Ignore some errors caused by dividing 0

10: Drawing share of capital input vs saving rate for k0 =10 *) (* NOTE : Ignore some errors caused by dividing 0

11: Drawing share of capital input vs population growth rate for k0 =1 *) (* NOTE : Ignore some errors caused by dividing 0

12: Drawing share of capital input vs population growth rate for k0 =10 *) (* NOTE : Ignore some errors caused by dividing 0

9: Drawing share of capital input vs saving rate for k0 =1 *) (*d and n are redefined as 0.1 for computational reason .By the same reason , e = 0.001 and max = 1000 are also redefined.*) (* NOTE : Ignore some errors caused by dividing 0

A contribution to the theory of economic growth’

Fine arts in Solow model’

Technical change and the aggregate production’

Fine arts in Solow model: a clarification

http://www.accessecon.com/pubs/EB/2008/Volume1/EB-08A00002A.pdf

Fine arts in Solow model: a clarification

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Research Papers in Economics