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On locally optimal programs in the Robinson–Solow–Srinivasan model

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  • M. Khan

    ()

  • Alexander Zaslavski

    ()

Abstract

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File URL: http://hdl.handle.net/10.1007/s00712-009-0102-y
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Bibliographic Info

Article provided by Springer in its journal Journal of Economics.

Volume (Year): 99 (2010)
Issue (Month): 1 (February)
Pages: 65-92

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Handle: RePEc:kap:jeczfn:v:99:y:2010:i:1:p:65-92

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Web page: http://www.springerlink.com/link.asp?id=108909

Related research

Keywords: Good programs; Locally maximal; Finitely optimal; Optimal; Minimal value-loss; Agreeable; Transversality condition; C62; D90; Q23;

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References

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  1. Nishimura, Kazuo & Yano, Makoto, 1995. "Nonlinear Dynamics and Chaos in Optimal Growth: An Example," Econometrica, Econometric Society, vol. 63(4), pages 981-1001, July.
  2. M. Ali Khan & Tapan Mitra, 2005. "On choice of technique in the Robinson-Solow-Srinivasan model," International Journal of Economic Theory, The International Society for Economic Theory, vol. 1(2), pages 83-110.
  3. Hammond, Peter J, 1975. "Agreeable Plans with Many Capital Goods," Review of Economic Studies, Wiley Blackwell, vol. 42(1), pages 1-14, January.
  4. L. W. McKenzie, 2010. "Turnpike Theory," Levine's Working Paper Archive 1389, David K. Levine.
  5. Kazuo Nishimura & Makoto Yano, 2006. "Introduction," The Japanese Economic Review, Japanese Economic Association, vol. 57(4), pages 455-456.
  6. Mitra, Tapan, 2004. "Intergenerational Equity and the Forest Management Problem," Working Papers 04-17, Cornell University, Center for Analytic Economics.
  7. Mitra, Tapan & Wan, Henry Jr., 1986. "On the faustmann solution to the forest management problem," Journal of Economic Theory, Elsevier, vol. 40(2), pages 229-249, December.
  8. Mirrlees, J. A. & Stern, N. H., 1972. "Fairly good plans," Journal of Economic Theory, Elsevier, vol. 4(2), pages 268-288, April.
  9. Hammond, Peter J & Kennan, John, 1979. "Uniformly Optimal Infinite Horizon Plans," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 20(2), pages 283-96, June.
  10. M. Ali Khan & Tapan Mitra, 2007. "Optimal Growth In A Two-Sector Rss Model Without Discounting: A Geometric Investigation," The Japanese Economic Review, Japanese Economic Association, vol. 58(2), pages 191-225.
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Cited by:
  1. Khan, M. Ali & Piazza, Adriana, 2011. "Classical turnpike theory and the economics of forestry," Journal of Economic Behavior & Organization, Elsevier, vol. 79(3), pages 194-210, August.

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