Hopf bifurcations in multisector models of optimal economic growth

DOI10.1016/0165-1765(88)90194-2zbMath1328.91236OpenAlexW2021261553MaRDI QIDQ900098

Wei-Bin Zhang

Publication date: 1 January 2016

Published in: Economics Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/0165-1765(88)90194-2

Mathematics Subject Classification ID

Multisectoral models in economics (91B66) Economic growth models (91B62) Dynamical systems in optimization and economics (37N40)

Related Items (4)

Endogenous cycles with small discounting in multisector optimal growth models: Continuous-time case ⋮ The complexity of nonlinear dynamic economic systems—the Kaldorian model with bond finance of the government ⋮ Short-run inventory oscillations in the Eckalbar disequilibrium macro model ⋮ Cyclical economic growth-re-examining the Goodwin model

Cites Work

• The Hopf bifurcation and the existence and stability of closed orbits in multisector models of optimal economic growth
• Global asymptotic stability of optimal control systems with applications to the theory of economic growth
• The structure and stability of competitive dynamical systems
• Some new results on the local stability of the process of capital accumulation
• Smoothness, Comparative Dynamics, and the Turnpike Property
• Unnamed Item

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