This paper proposes an economic growth model to provide some insights into issues related to sustainable economy with capital and resource dynamics. The model combines the main economic mechanisms in the Solow growth model, the Ricardian two-sector economic model, and the logistic model in...

Dynamic optimization problems cover a great class of problems in theoretical and applied economics and technology. In this account the exploitation of a general renewable capital stock is modeled through an alternative formulation to the classical optimal control approach. We propose a very...

The paper examines the dynamics of financial structure decisions through the specification and estimation of a dynamic model of capital structure choice. Using a multivariate adjustment model and pooled annual time series/crosssectional data for 164 publicly listed Australian firms over the...