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Non-convex aggregate technology and optimal economic growth

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Author Info
N. Hung ()
C. Le Van ()
P. Michel

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File URL: http://hdl.handle.net/10.1007/s00199-008-0376-2
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Article provided by Springer in its journal Economic Theory.

Volume (Year): 40 (2009)
Issue (Month): 3 (September)
Pages: 457-471
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Handle: RePEc:spr:joecth:v:40:y:2009:i:3:p:457-471

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Related research
Keywords: Nonconvex aggregate technology; Poverty trap; Multiple equilibria; Dynamic convergence; C61; D90; O41; Q20;

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  1. Askenazy, Philippe & Le Van, Cuong, 1999. "A Model of Optimal Growth Strategy," Journal of Economic Theory, Elsevier, vol. 85(1), pages 24-51, March. [Downloadable!] (restricted)
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  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. Kamihigashi, Takashi & Roy, Santanu, 2007. "A nonsmooth, nonconvex model of optimal growth," Journal of Economic Theory, Elsevier, vol. 132(1), pages 435-460, January. [Downloadable!] (restricted)
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  4. Amir, Rabah, 1996. "Sensitivity analysis of multisector optimal economic dynamics," Journal of Mathematical Economics, Elsevier, vol. 25(1), pages 123-141. [Downloadable!] (restricted)
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  5. Skiba, A K, 1978. "Optimal Growth with a Convex-Concave Production Function," Econometrica, Econometric Society, vol. 46(3), pages 527-39, May. [Downloadable!] (restricted)
  6. Takashi Kamihigashi & Santanu Roy, 2006. "Dynamic optimization with a nonsmooth, nonconvex technology: the case of a linear objective function," Economic Theory, Springer, vol. 29(2), pages 325-340, October. [Downloadable!] (restricted)
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  7. 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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