Discrete Dynamics in Nature and Society
Volume 2010 (2010), Article ID 408346, 12 pages
Research Article

Parameter Identification of a Class of Economical Models

Instituto de Matemática Multidisciplinar, Universidad Politécnica de Valencia, 46022 Valencia, Spain

Received 8 October 2009; Revised 13 May 2010; Accepted 19 May 2010

Academic Editor: Aura Reggiani

Copyright © 2010 Begoña Cantó et al. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.


In mathematical modeling of economic problems, it is common to assume that economic laws influence the process and analyze the type of solution obtained. Sometimes these laws have unknown parameters and they worth studying if these parameters can be determined. In this paper, a structured system is considered and the identifiability is analyzed. In case the parameters can be uniquely identified, an algorithm for obtaining the model parameters is presented and, finally, the existence of a balanced growth solution is studied.