Optimal growth under discounting in the two-sector Robinson–Solow–Srinivasan model: a dynamic programming approach†
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Publication:3435947
DOI10.1080/10236190601069069zbMath1284.91414OpenAlexW2022941295MaRDI QIDQ3435947
Publication date: 8 May 2007
Published in: Journal of Difference Equations and Applications (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1080/10236190601069069
dynamic programmingvalue functionbifurcation analysisoptimal policy correspondencethreshold discount factor
Multisectoral models in economics (91B66) Dynamic programming (90C39) Economic growth models (91B62)
Related Items (8)
LONG-RUN OPTIMAL BEHAVIOR IN A TWO-SECTOR ROBINSON–SOLOW–SRINIVASAN MODEL ⋮ On the non-existence of optimal programs in the Robinson-Solow-Srinivasan (RSS) model ⋮ Discounted optimal growth in a two-sector RSS model: a further geometric investigation ⋮ Exact parametric restrictions for 3-cycles in the RSS model: a complete and comprehensive characterization ⋮ Optimal growth in the Robinson-Shinkai-Leontief model: the case of capital-intensive consumption goods ⋮ Impatience and dynamic optimal behavior: a bifurcation analysis of the Robinson-Solow-Srinivasan model ⋮ Complicated Dynamics and Parametric Restrictions in the Robinson-Solow-Srinivasan (RSS) Model ⋮ On existence of optimal programs: the RSS model without concavity assumptions on felicities
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- Undiscounted optimal growth in the two-sector Robinson-Solow-Srinivasan model: a synthesis of the value-loss approach and dynamic programming
- Optimality of Profit-Including Prices Under Ideal Planning
- Discounting and long-run behavior: Global bifurcation analysis of a family of dynamical systems
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