Takeoff vs. stagnation in endogenous recombinant growth models
نویسندگان
چکیده
منابع مشابه
Takeoff vs. stagnation in endogenous recombinant growth models
This paper concludes the study of transition paths in the continuous-time recombinant endogenous growth model by providing numerical methods to estimate the threshold initial value of capital (a Skiba-type point) above which the economy takes off toward sustained growth in the long run, while it is doomed to stagnation otherwise. The model is based on the setting first introduced by Tsur and Ze...
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ژورنال
عنوان ژورنال: Mathematics and Computers in Simulation
سال: 2015
ISSN: 0378-4754
DOI: 10.1016/j.matcom.2014.05.012