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Dynamic optimization with a nonsmooth, nonconvex technology: the case of a linear objective function

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Author Info
Takashi Kamihigashi ()
Santanu Roy ()

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File URL: http://hdl.handle.net/10.1007/s00199-005-0029-7
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Publisher Info
Article provided by Springer in its journal Economic Theory.

Volume (Year): 29 (2006)
Issue (Month): 2 (October)
Pages: 325-340
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Handle: RePEc:spr:joecth:v:29:y:2006:i:2:p:325-340

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Related research
Keywords: Nonconvex; nonsmooth; discontinuous technology; Extinction; Survival; Turnpike; Linear utility; C61; D90; O41; Q20;

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Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Kamihigashi, Takashi, 1999. "Chaotic dynamics in quasi-static systems: theory and applications1," Journal of Mathematical Economics, Elsevier, vol. 31(2), pages 183-214, March. [Downloadable!] (restricted)
  2. Dechert, W. Davis & Nishimura, Kazuo, 1983. "A complete characterization of optimal growth paths in an aggregated model with a non-concave production function," Journal of Economic Theory, Elsevier, vol. 31(2), pages 332-354, December. [Downloadable!] (restricted)
  3. Spence, A Michael & Starrett, David, 1975. "Most Rapid Approach Paths in Accumulation Problems," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 16(2), pages 388-403, June. [Downloadable!] (restricted)
  4. Skiba, A K, 1978. "Optimal Growth with a Convex-Concave Production Function," Econometrica, Econometric Society, vol. 46(3), pages 527-39, May. [Downloadable!] (restricted)
  5. Azariadis, Costas & Drazen, Allan, 1990. "Threshold Externalities in Economic Development," The Quarterly Journal of Economics, MIT Press, vol. 105(2), pages 501-26, May. [Downloadable!] (restricted)
  6. Majumdar, Mukul & Mitra, Tapan, 1982. "Intertemporal allocation with a non-convex technology: The aggregative framework," Journal of Economic Theory, Elsevier, vol. 27(1), pages 101-136, June. [Downloadable!] (restricted)
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Nguyen Manh Hung & Cuong Le Van & Philippe Michel, 2008. "Non-convex Aggregate Technology and Optimal Economic Growth," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00267100_v1, HAL. [Downloadable!]
    Other versions:
  2. Takashi Kamihigashi & Taiji Furusawa, 2007. "Global Dynamics in Infinitely Repeated Games with Additively Separable Continuous Payoffs," Discussion Paper Series 210, Research Institute for Economics & Business Administration, Kobe University. [Downloadable!]
  3. Takashi Kamihigashi & Taiji Furusawa, 2006. "Immediately Reactive Equilibria in Infinitely Repeated Games with Additively Separable Continuous Payoffs," Discussion Paper Series 199, Research Institute for Economics & Business Administration, Kobe University. [Downloadable!]
  4. Takashi Kamihigashi & Santanu Roy, 2005. "A nonsmooth, nonconvex model of optimal growth," Discussion Paper Series 173, Research Institute for Economics & Business Administration, Kobe University. [Downloadable!]
    Other versions:
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