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Capital dependent population growth induces cycles

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  • Yüksel, Mustafa Kerem

Abstract

Cobb–Douglas type production functions and time-delay are not sufficient for the economy to behave cyclic. However, capital dependent population dynamics can enforce Hopf bifurcation.

Suggested Citation

  • Yüksel, Mustafa Kerem, 2011. "Capital dependent population growth induces cycles," Chaos, Solitons & Fractals, Elsevier, vol. 44(9), pages 759-763.
    • Handle: RePEc:eee:chsofr:v:44:y:2011:i:9:p:759-763
    DOI: 10.1016/j.chaos.2011.06.010
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    References listed on IDEAS

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