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Some Applications of Lie Groups in Theory of Technical Progress

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 Added by Le Anh Vu
 Publication date 2020
  fields Financial
and research's language is English




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In recent decades, we have known some interesting applications of Lie theory in the theory of technological progress. Firstly, we will discuss some results of R. Saito in cite{rS1980} and cite{rS1981} about the application modeling of Lie groups in the theory of technical progress. Next, we will describe the result on Romanian economy of G. Zaman and Z. Goschin in cite{ZG2010}. Finally, by using Satos results and applying the method of G. Zaman and Z. Goschin, we give an estimation of the GDP function of Viet Nam for the 1995-2018 period and give several important observations about the impact of technical progress on economic growth of Viet Nam.



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