Technology and Constraints Time constraint:+=1 Resource constraint:c,+i,<y Neoclassical technology y,=F(k,)=1f(K),K,=k,/1 Change in capital k+1=(1-δ)k,+i, →C,+k+1≤F(k,l)+(1-δ)k, 电子科大经管学院马捷 6Technology and Constraints  Time constraint:  Resource constraint:  Neoclassical technology  Change in capital 电子科大经管学院 马捷 6 z t  l t  z  1 t t t c  i  y t t t t t t t t y  F ( k ,l )  l f ( ),   k / l t t t k   k  i  ( 1 ) 1  t t t t t c k F ( k , l ) ( 1 ) k    1    