Cyclic growth and global stability of economic dynamics of Kaldor type in two dimensions
type: Item
instance of: scholarly article
title: Cyclic growth and global stability of economic dynamics of Kaldor type in two dimensions
zbMATH Open document ID: 1487.91074
DOI: 10.1155/2017/2062819
author: Aka Fulgence Nindjin
author: Albin Tetchi N'Guessan
author: Hypolithe Okou
author: Kessé Thiban Tia
published in: International Journal of Differential Equations
publication date: 2018-08-10T00:00:00Z
review text: Summary: This article proposes nonlinear economic dynamics continuous in two dimensions of Kaldor type, the saving rate and the investment rate, which are functions of ecological origin verifying the nonwasting properties of the resources and economic assumption of Kaldor. The important results of this study contain the notions of bounded solutions, the existence of an attractive set, local and global stability of equilibrium, the system permanence, and the existence of a limit cycle.
Mathematics Subject Classification ID: 91B55
Mathematics Subject Classification ID: 91B62
Mathematics Subject Classification ID: 91B76
Mathematics Subject Classification ID: 34D05
Mathematics Subject Classification ID: 34D20
zbMATH DE Number: 6915927
Wikidata QID: Q59144274
MaRDI profile type: Publication
full work available at URL: https://doi.org/10.1155/2017/2062819
OpenAlex ID: W2731527857
cites work: Q4846262
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description: scientific article; zbMATH DE number 6915927