A simple characterization for sustained growth

This article considers an inter-temporal optimization problem in a fairly general form and give sufficient conditions ensuring the convergence to infinity of the economy. These conditions are easy to verify and can be applied for a large class of problems in literature. As examples, some applications for different economies are also given.

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Year of publication:	2019-05-21
Authors:	Ha-Huy, Thai ; Tran, Nhat-Thien

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Type of publication:	Book / Working Paper
Language:	English
Notes:	Ha-Huy, Thai and Tran, Nhat-Thien (2019): A simple characterization for sustained growth.
Classification:	C02 - Mathematical Methods ; C61 - Optimization Techniques; Programming Models; Dynamic Analysis ; O4 - Economic Growth and Aggregate Productivity ; O40 - Economic Growth and Aggregate Productivity. General ; O41 - One, Two, and Multisector Growth Models
Source:	BASE

Persistent link: https://www.econbiz.de/10015264132