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On uniqueness of a steady state and convergence of optimal paths in multisector models of optimal growth with a discount rate - MaRDI portal

On uniqueness of a steady state and convergence of optimal paths in multisector models of optimal growth with a discount rate (Q1158337)

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scientific article; zbMATH DE number 3741112
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English
On uniqueness of a steady state and convergence of optimal paths in multisector models of optimal growth with a discount rate
scientific article; zbMATH DE number 3741112

    Statements

    On uniqueness of a steady state and convergence of optimal paths in multisector models of optimal growth with a discount rate (English)
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    1981
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    multisector models
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    optimal economic growth
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    non-separable utility function
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    positive discount rate
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    steady state
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    convergence of optimal paths
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    global curvature conditions
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    derived Hamiltonian functions
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    sufficient uniqueness conditions
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    asymptotic stability
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    Identifiers