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Optimum Economic Growth in an Aggregative Model of Capital Accumulation: A Turnpike Theorem

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  • David Cass

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  • David Cass, 1964. "Optimum Economic Growth in an Aggregative Model of Capital Accumulation: A Turnpike Theorem," Cowles Foundation Discussion Papers 178, Cowles Foundation for Research in Economics, Yale University.
  • Handle: RePEc:cwl:cwldpp:178 Note: CFP 264.
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    File URL: http://cowles.yale.edu/sites/default/files/files/pub/d01/d0178.pdf
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    References listed on IDEAS

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    1. C. E. Lemke, 1965. "Bimatrix Equilibrium Points and Mathematical Programming," Management Science, INFORMS, vol. 11(7), pages 681-689, May.
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    Cited by:

    1. Koopmans, Tjalling C, 1977. "Concepts of Optimality and Their Uses," American Economic Review, American Economic Association, pages 261-274.
    2. Lionel W. McKenzie, 2012. "turnpike theory," The New Palgrave Dictionary of Economics, Palgrave Macmillan.
    3. Prescott, Edward C., 1986. "Theory ahead of business-cycle measurement," Carnegie-Rochester Conference Series on Public Policy, Elsevier, pages 11-44.
    4. James A. Schmitz, 1993. "Early progress on the "problem of economic development"," Quarterly Review, Federal Reserve Bank of Minneapolis, issue Spr, pages 17-35.
    5. Fershtman, Chaim & Kamien, Morton I, 1990. "Turnpike Properties in a Finite-Horizon Differential Game: Dynamic Duopoly with Sticky Prices," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 31(1), pages 49-60, February.
    6. Ricciuti, Roberto, 2008. "Bringing macroeconomics into the lab," Journal of Macroeconomics, Elsevier, vol. 30(1), pages 216-237, March.
    7. Ralph Z. Wang, 2005. "Optimum Population Growth with CIES Preference in the Infinite- Horizon Ramsey Model," Labor and Demography 0507007, EconWPA.
    8. Andrew Atkeson & V. V. Chari & Patrick J. Kehoe, 1999. "Taxing capital income: a bad idea," Quarterly Review, Federal Reserve Bank of Minneapolis, issue Sum, pages 3-17.
    9. Koulovatianos, Christos & Mirman, Leonard J. & Santugini, Marc, 2009. "Optimal growth and uncertainty: Learning," Journal of Economic Theory, Elsevier, vol. 144(1), pages 280-295, January.
    10. M. Khan & Alexander Zaslavski, 2007. "On a Uniform Turnpike of the Third Kind in the Robinson-Solow-Srinivasan Model," Journal of Economics, Springer, vol. 92(2), pages 137-166, October.
    11. Fershtman, Chaim & Muller, Eitan, 1986. "Turnpike properties of capital accumulation games," Journal of Economic Theory, Elsevier, vol. 38(1), pages 167-177, February.
    12. Khalifa Ghali & Al-Mutawa Ahmed, 1999. "The Intertemporal Causal Dynamics Between Fixed Capital Formation and Economic Growth in The Group-Of-Seven Countries," International Economic Journal, Taylor & Francis Journals, vol. 13(2), pages 31-37.
    13. Partha Dasgupta, 2011. "The Ethics of Intergenerational Distribution: Reply and Response to John E. Roemer," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 50(4), pages 475-493, December.
    14. Aykut Kibritcioglu & Selahattin Dibooglu, 2001. "Long-Run Economic Growth: An Interdisciplinary Approach," Macroeconomics 0107004, EconWPA, revised 04 Sep 2001.
    15. Harold L. Cole & Lee E. Ohanian, 1999. "The Great Depression in the United States from a neoclassical perspective," Quarterly Review, Federal Reserve Bank of Minneapolis, issue Win, pages 2-24.
    16. Hori, Hajime, 1987. "A turnpike theorem for rolling plans," Journal of Mathematical Economics, Elsevier, vol. 16(3), pages 223-235, May.
    17. Murat Arik, 2007. "The Role of Career Colleges in Tennessee: Their Size, Contribution to Workforce Earnings, and Impact on Tennessee's Economy," Studies 200702, Middle Tennessee State University, Business and Economic Research Center.
    18. Karras Georgios, 2001. "Long-Run Economic Growth In Europe: Is It Endogenous Or Neoclassical?," International Economic Journal, Taylor & Francis Journals, vol. 15(2), pages 63-76, June.

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