Sensitivity analysis for economic growth model by elasticity of CES production function.

The paper deals with the analysis of the economic growth model with CES-production function. The elasticity parameter of this function varies up to its limit value of one. In the limit case of the unit elasticity, the production function turns into Cobb-Douglas type. A special attention in the paper is devoted to this limit transformation and its impact on the stabilized solutions. Numerical examples finalize the paper. [ABSTRACT FROM AUTHOR]