A Nonsmooth, Nonconvex Model of Optimal Growth
Author
Abstract
Suggested Citation
Download full text from publisher
Other versions of this item:
- Kamihigashi, Takashi & Roy, Santanu, 2007. "A nonsmooth, nonconvex model of optimal growth," Journal of Economic Theory, Elsevier, vol. 132(1), pages 435-460, January.
- Takashi Kamihigashi & Santanu Roy, 2005. "A nonsmooth, nonconvex model of optimal growth," Discussion Paper Series 173, Research Institute for Economics & Business Administration, Kobe University.
- Takashi Kamihigashi & Santanu Roy, 2003. "A Nonsmooth, Nonconvex Model of Optimal Growth," Discussion Paper Series 158, Research Institute for Economics & Business Administration, Kobe University.
References listed on IDEAS
- Romer, Paul M, 1986.
"Increasing Returns and Long-run Growth,"
Journal of Political Economy, University of Chicago Press, vol. 94(5), pages 1002-1037, October.
- Paul M Romer, 1999. "Increasing Returns and Long-Run Growth," Levine's Working Paper Archive 2232, David K. Levine.
- Dutta, Prajit K & Mitra, Tapan, 1989. "On Continuity of the Utility Function in Intertemporal Allocation Models: An Example," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 30(3), pages 527-536, August.
- 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.
- Kamihigashi, Takashi & Roy, Santanu, 2007.
"A nonsmooth, nonconvex model of optimal growth,"
Journal of Economic Theory, Elsevier, vol. 132(1), pages 435-460, January.
- Takashi Kamihigashi & Santanu Roy, 2003. "A Nonsmooth, Nonconvex Model of Optimal Growth," Discussion Paper Series 139, Research Institute for Economics & Business Administration, Kobe University.
- Takashi Kamihigashi & Santanu Roy, 2005. "A nonsmooth, nonconvex model of optimal growth," Discussion Paper Series 173, Research Institute for Economics & Business Administration, Kobe University.
- Takashi Kamihigashi & Santanu Roy, 2003. "A Nonsmooth, Nonconvex Model of Optimal Growth," Discussion Paper Series 158, Research Institute for Economics & Business Administration, Kobe University.
- Jones, Larry E. & Manuelli, Rodolfo E., 1997.
"The sources of growth,"
Journal of Economic Dynamics and Control, Elsevier, vol. 21(1), pages 75-114, January.
- Jones, L.E. & manuelli, R.E., 1994. "The Sources of Growth," Working papers 9428, Wisconsin Madison - Social Systems.
- Larry E. Jones & Rodolfo E. Manuelli, 1994. "The Sources of Growth," GE, Growth, Math methods 9410002, University Library of Munich, Germany, revised 05 Mar 1999.
- Larry E. Jones & Rodolfo E. Manuelli, 1994. "The Sources of Growth," Macroeconomics 9411002, University Library of Munich, Germany, revised 05 Mar 1999.
- Skiba, A K, 1978. "Optimal Growth with a Convex-Concave Production Function," Econometrica, Econometric Society, vol. 46(3), pages 527-539, May.
- Montrucchio, Luigi, 1995. "A New Turnpike Theorem for Discounted Programs," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 5(3), pages 371-382, May.
- Kamihigashi, Takashi, 2003.
"Necessity of transversality conditions for stochastic problems,"
Journal of Economic Theory, Elsevier, vol. 109(1), pages 140-149, March.
- Takashi Kamihigashi, 2000. "Necessity of Transversality Conditions for Stochastic Problems," Discussion Paper Series 115, Research Institute for Economics & Business Administration, Kobe University.
- Takashi Kamihigashi, 2001. "Necessity of Transversality Conditions for Stochastic Problems," Department of Economics Working Papers 01-02, Stony Brook University, Department of Economics.
- Takashi Kamihigashi, 2002. "Necessity of Transversality Conditions for Stochastic Problems," Discussion Paper Series 128, Research Institute for Economics & Business Administration, Kobe University.
- Kaganovich, Michael, 1998.
"Sustained endogenous growth with decreasing returns and heterogeneous capital,"
Journal of Economic Dynamics and Control, Elsevier, vol. 22(10), pages 1575-1603, August.
- Kaganovich, M., 1997. "Sustained Endogenous Growth with Decreasing Returns and Heterogeneous Capital II," Papers 97-005, Indiana - Center for Econometric Model Research.
- Amir, Rabah & Mirman, Leonard J & Perkins, William R, 1991. "One-Sector Nonclassical Optimal Growth: Optimality Conditions and Comparative Dynamics," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 32(3), pages 625-644, August.
- Olson, Lars J. & Roy, Santanu, 1996.
"On Conservation of Renewable Resources with Stock-Dependent Return and Nonconcave Production,"
Journal of Economic Theory, Elsevier, vol. 70(1), pages 133-157, July.
- Olson, Lars J. & Roy, Santanu, 1994. "On Conservation of Renewable Resources with Stock-Dependent Return and Non-Concave Production," Working Papers 197800, University of Maryland, Department of Agricultural and Resource Economics.
- McKenzie, Lionel W., 2005. "Optimal economic growth, turnpike theorems and comparative dynamics," Handbook of Mathematical Economics, in: K. J. Arrow & M.D. Intriligator (ed.), Handbook of Mathematical Economics, edition 2, volume 3, chapter 26, pages 1281-1355, Elsevier.
- Takashi Kamihigashi, 2000. "The Policy Function of a Discrete-Choice Problem is a Random Number Generator," The Japanese Economic Review, Japanese Economic Association, vol. 51(1), pages 51-71, March.
- Takashi Kamihigashi & Santanu Roy, 2006.
"Dynamic optimization with a nonsmooth, nonconvex technology: the case of a linear objective function,"
Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 29(2), pages 325-340, October.
- Takashi Kamihigashi & Santanu Roy, 2004. "Dynamic Optimization with a Nonsmooth, Nonconvex Technology: The Case of a Linear Objective Function," Discussion Paper Series 161, Research Institute for Economics & Business Administration, Kobe University.
- Takashi Kamihigashi & Santanu Roy, 2005. "Dynamic optimization with a nonsmooth, nonconvex technology: The case of a linear objective function," Discussion Paper Series 175, Research Institute for Economics & Business Administration, Kobe University.
- Costas Azariadis & Allan Drazen, 1990. "Threshold Externalities in Economic Development," The Quarterly Journal of Economics, Oxford University Press, vol. 105(2), pages 501-526.
- Yano, Makoto, 1984. "Competitive Equilibria on Turnpikes in a McKenzie Economy, I: A Neighborhood Turnpike Theorem," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 25(3), pages 695-717, October.
- D. McFadden, 1967. "The Evaluation of Development Programmes," Review of Economic Studies, Oxford University Press, vol. 34(1), pages 25-50.
- J. Dolmas, 2010. "Endogenous Growth with Multisector Ramsey Models," Levine's Working Paper Archive 1383, David K. Levine.
- Joshi, Sumit, 1997. "Turnpike Theorems in Nonconvex Nonstationary Environments," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 38(1), pages 225-248, February.
- Guerrero-Luchtenberg, C.L., 2000. "A uniform neighborhood turnpike theorem and applications," Journal of Mathematical Economics, Elsevier, vol. 34(3), pages 329-357, November.
- Montrucchio, Luigi, 1994. "The neighbourhood turnpike property for continuous-time optimal growth models," Ricerche Economiche, Elsevier, vol. 48(3), pages 213-224, September.
- Takashi Kamihigashi, 2000. "Indivisible labor implies chaos," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 15(3), pages 585-598.
- 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.
- Dolmas, Jim, 1996. "Endogenous Growth in Multisector Ramsey Models," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 37(2), pages 403-421, May.
- Jones, Larry E & Manuelli, Rodolfo E, 1990. "A Convex Model of Equilibrium Growth: Theory and Policy Implications," Journal of Political Economy, University of Chicago Press, vol. 98(5), pages 1008-1038, October.
- de Hek, Paul & Roy, Santanu, 2001. "On Sustained Growth under Uncertainty," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 42(3), pages 801-813, August.
- McKenzie, Lionel W., 1982. "A primal route to the Turnpike and Liapounov stability," Journal of Economic Theory, Elsevier, vol. 27(1), pages 194-209, June.
- Mukul Majumdar & Tapan Mitra, 1983. "Dynamic Optimization with a Non-Convex Technology: The Case of a Linear Objective Function," Review of Economic Studies, Oxford University Press, vol. 50(1), pages 143-151.
- Alexandre Scheinkman, Jose, 1976. "On optimal steady states of n-sector growth models when utility is discounted," Journal of Economic Theory, Elsevier, vol. 12(1), pages 11-30, February.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Pham, Ngoc-Sang & Pham, Thi Kim Cuong, 2020.
"Effects of foreign aid on the recipient country’s economic growth,"
Journal of Mathematical Economics, Elsevier, vol. 86(C), pages 52-68.
- Pham, Ngoc-Sang & Pham, Thi Kim Cuong, 2019. "Effects of foreign aid on the recipient country's economic growth," MPRA Paper 93379, University Library of Munich, Germany.
- Ngoc-Sang Pham & Thi Kim Cuong Pham, 2020. "Effects of foreign aid on the recipient country’s economic growth," Post-Print hal-02434995, HAL.
- Ngoc Sang Pham & Thi Kim Cuong Pham, 2020. "Effects of foreign aid on the recipient country's economic growth," Post-Print hal-03159190, HAL.
- Bambi, Mauro & Gozzi, Fausto, 2020. "Internal habits formation and optimality," Journal of Mathematical Economics, Elsevier, vol. 91(C), pages 165-172.
- Olivier Bruno & Cuong Van & Benoît Masquin, 2009.
"When does a developing country use new technologies?,"
Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 40(2), pages 275-300, August.
- Olivier Bruno & Cuong Le Van & Benoît Masquin, 2005. "When does a developing country use new technologies?," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00197539, HAL.
- Olivier Bruno & Cuong Le Van & Benoît Masquin, 2009. "When Does a Developing Country Use New Technologies?," PSE-Ecole d'économie de Paris (Postprint) halshs-00101361, HAL.
- Olivier Bruno & Cuong Le Van & Benoît Masquin, 2009. "When Does a Developing Country Use New Technologies?," Post-Print halshs-00101361, HAL.
- Olivier Bruno & Cuong Le Van & Benoît Masquin, 2005. "When does a developing country use new technologies?," Cahiers de la Maison des Sciences Economiques b05093, Université Panthéon-Sorbonne (Paris 1).
- Olivier Bruno & Cuong Le Van & Benoît Masquin, 2005. "When does a developing country use new technologies?," Post-Print halshs-00197539, HAL.
- Olivier Bruno & Cuong Le Van & Benoît Masquin, 2008. "When Does a Developing Country Use New Technologies?," Working Papers 12, Development and Policies Research Center (DEPOCEN), Vietnam.
- Olivier Bruno & Cuong Le Van & Benoît Masquin, 2009. "When Does a Developing Country Use New Technologies?," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00101361, HAL.
- Akao, Ken-Ichi & Kamihigashi, Takashi & Nishimura, Kazuo, 2011.
"Monotonicity and continuity of the critical capital stock in the Dechert–Nishimura model,"
Journal of Mathematical Economics, Elsevier, vol. 47(6), pages 677-682.
- Ken-Ichi Akao & Takashi Kamihigashi & Kazuo Nishimura, 2011. "Monotonicity and Continuity of the Critical Capital Stock in the Dechert-Nishimura Model," Discussion Paper Series DP2011-20, Research Institute for Economics & Business Administration, Kobe University, revised Sep 2011.
- Pham, Ngoc-Sang, 2017. "Dividend taxation in an infinite-horizon general equilibrium model," MPRA Paper 80580, University Library of Munich, Germany.
- Dai, Darong, 2011. "Wealth Martingale and Neighborhood Turnpike Property in Dynamically Complete Market with Heterogeneous Investors," MPRA Paper 46416, University Library of Munich, Germany.
- Ha-Huy, Thai & Tran, Nhat Thien, 2020.
"A simple characterisation for sustained growth,"
Journal of Mathematical Economics, Elsevier, vol. 91(C), pages 141-147.
- Ha-Huy, Thai & Tran, Nhat-Thien, 2019. "A simple characterization for sustained growth," MPRA Paper 94079, University Library of Munich, Germany.
- Ha-Huy, Thai & Tran, Nhat-Thien, 2019. "A simple characterization for sustained growth," MPRA Paper 94061, University Library of Munich, Germany.
- Ha-Huy, Thai & Tran, Nhat-Thien, 2019. "A simple characterization for sustained growth," MPRA Paper 94102, University Library of Munich, Germany.
- Ha-Huy, Thai & Tran, Nhat-Thien, 2019. "A simple characterization for sustained growth," MPRA Paper 94250, University Library of Munich, Germany.
- Ha-Huy, Thai & Tran, Nhat-Thien, 2019. "A simple characterization for sustained growth," MPRA Paper 94576, University Library of Munich, Germany.
- N. Hung & C. Le Van & P. Michel, 2009.
"Non-convex aggregate technology and optimal economic growth,"
Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 40(3), pages 457-471, September.
- Manh Hung Nguyen & Cuong Le Van & Philippe Michel, 2005. "Non-convex aggregative technology and optimal economic growth," Cahiers de la Maison des Sciences Economiques b05095, Université Panthéon-Sorbonne (Paris 1).
- Nguyen Manh Hung & Cuong Le Van & Philippe Michel, 2009. "Non-convex Aggregate Technology and Optimal Economic Growth," PSE-Ecole d'économie de Paris (Postprint) halshs-00267100, HAL.
- Nguyen Manh Hung & Cuong Le Van & Philippe Michel, 2009. "Non-convex Aggregate Technology and Optimal Economic Growth," Post-Print halshs-00267100, HAL.
- Nguyen Manh Hung & Cuong Le Van & Philippe Michel, 2009. "Non-convex Aggregate Technology and Optimal Economic Growth," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00267100, HAL.
- N. M. Hung & Cuong Le Van & P. Michel, 2008. "Non-convex Aggregate Technology and Optimal Economic Growth," Working Papers 05, Development and Policies Research Center (DEPOCEN), Vietnam.
- N.M. Hung & C. Le Van & P. Michel, 2006. "Non-Convex Aggregate Technology and Optimal Economic Growth," Cahiers de recherche 0603, Université Laval - Département d'économique.
- Manh Nguyen Hung & Cuong Le Van & Philippe Michel, 2005. "Non-convex aggregative technology and optimal economic growth," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00197556, HAL.
- Manh Nguyen Hung & Cuong Le Van & Philippe Michel, 2005. "Non-convex aggregative technology and optimal economic growth," Post-Print halshs-00197556, HAL.
- Takashi Kamihigashi, 2014.
"Elementary results on solutions to the bellman equation of dynamic programming: existence, uniqueness, and convergence,"
Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 56(2), pages 251-273, June.
- Takashi Kamihigashi, 2012. "Elementary Results on Solutions to the Bellman Equation of Dynamic Programming: Existence, Uniqueness, and Convergence," Discussion Paper Series DP2012-31, Research Institute for Economics & Business Administration, Kobe University.
- Takashi Kamihigashi, 2013. "Elementary Results on Solutions to the Bellman Equation of Dynamic Programming:Existence, Uniqueness, and Convergence," Discussion Paper Series DP2013-35, Research Institute for Economics & Business Administration, Kobe University, revised Dec 2013.
- Kamihigashi, Takashi & Roy, Santanu, 2007.
"A nonsmooth, nonconvex model of optimal growth,"
Journal of Economic Theory, Elsevier, vol. 132(1), pages 435-460, January.
- Takashi Kamihigashi & Santanu Roy, 2003. "A Nonsmooth, Nonconvex Model of Optimal Growth," Discussion Paper Series 139, Research Institute for Economics & Business Administration, Kobe University.
- Takashi Kamihigashi & Santanu Roy, 2005. "A nonsmooth, nonconvex model of optimal growth," Discussion Paper Series 173, Research Institute for Economics & Business Administration, Kobe University.
- Takashi Kamihigashi & Santanu Roy, 2003. "A Nonsmooth, Nonconvex Model of Optimal Growth," Discussion Paper Series 158, Research Institute for Economics & Business Administration, Kobe University.
- Dam, My & Ha-Huy, Thai & Le Van, Cuong & Nguyen, Thi Tuyet Mai, 2020.
"Economic dynamics with renewable resources and pollution,"
Mathematical Social Sciences, Elsevier, vol. 108(C), pages 14-26.
- Dam, My & Ha-Huy, Thai & Le Van, Cuong & Nguyen, Thi Tuyet Mai, 2019. "Economic Dynamics with Renewable Resources and Pollution," MPRA Paper 96672, University Library of Munich, Germany.
- Thi Kim Cuong PHAM & Ngoc-Sang PHAM, 2017.
"Economic growth and escaping the poverty trap: how does development aid work?,"
Working Papers
P197, FERDI.
- Ngoc-Sang PHAM & Thi Kim Cuong PHAM, 2017. "Economic growth and escaping the poverty trap: how does development aid work?," Working Papers P197, FERDI.
- Holden, Tom D., 2016. "Existence, uniqueness and computation of solutions to dynamic models with occasionally binding constraints," EconStor Preprints 127430, ZBW - Leibniz Information Centre for Economics.
- Kamihigashi, Takashi, 2007.
"Stochastic optimal growth with bounded or unbounded utility and with bounded or unbounded shocks,"
Journal of Mathematical Economics, Elsevier, vol. 43(3-4), pages 477-500, April.
- Takashi Kamihigashi, 2005. "Stochastic Optimal Growth with Bounded or Unbounded Utility and with Bounded or Unbounded Shocks," Discussion Paper Series 176, Research Institute for Economics & Business Administration, Kobe University.
- Takashi Kamihigashi, 2006. "Stochastic Optimal Growth with Bounded or Unbounded Utility and with Bounded or Unbounded Shocks," Discussion Paper Series 189, Research Institute for Economics & Business Administration, Kobe University.
- Olivier Morand & Kevin Reffett & Suchismita Tarafdar, 2018. "Generalized Envelope Theorems: Applications to Dynamic Programming," Journal of Optimization Theory and Applications, Springer, vol. 176(3), pages 650-687, March.
- Thanh Tam Nguyen-Huu & Ngoc-Sang Pham, 2021.
"Escaping the middle income trap and getting economic growth: How does FDI can help the host country?,"
Working Papers
halshs-03143087, HAL.
- Nguyen-Huu, Thanh Tam & Pham, Ngoc-Sang, 2021. "Escaping the middle income trap and getting economic growth: How does FDI can help the host country?," MPRA Paper 106151, University Library of Munich, Germany.
- Cuong Le Van & Çağrı Sağlam & Agah Turan, 2016.
"Optimal Growth Strategy under Dynamic Threshold,"
Journal of Public Economic Theory, Association for Public Economic Theory, vol. 18(6), pages 979-991, December.
- Cuong Le Van & Cagri Saglam & Agah Turan, 2014. "Optimal Growth Strategy Under Dynamic Threshold," Working Papers 2014-123, Department of Research, Ipag Business School.
- Cuong Le Van & ÇaĞrı SaĞlam & Agah Turan, 2016. "Optimal Growth Strategy under Dynamic Threshold," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-01302538, HAL.
- Cuong Le Van & ÇaĞrı SaĞlam & Agah Turan, 2016. "Optimal Growth Strategy under Dynamic Threshold," Post-Print hal-01302538, HAL.
- Cuong Le Van & ÇaĞrı SaĞlam & Agah Turan, 2016. "Optimal Growth Strategy under Dynamic Threshold," PSE - Labex "OSE-Ouvrir la Science Economique" hal-01302538, HAL.
- Cuong Le Van & ÇaĞrı SaĞlam & Agah Turan, 2016. "Optimal Growth Strategy under Dynamic Threshold," PSE-Ecole d'économie de Paris (Postprint) hal-01302538, HAL.
- Thai Ha‐Huy & Cuong Le Van & Thi‐Do‐Hanh Nguyen, 2020. "Optimal growth when consumption takes time," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 22(5), pages 1442-1461, September.
- Crettez, Bertrand & Hayek, Naila & Morhaim, Lisa, 2017. "Optimal growth with investment enhancing labor," Mathematical Social Sciences, Elsevier, vol. 86(C), pages 23-36.
- Holden, Thomas, 2016.
"Existence and uniqueness of solutions to dynamic models with occasionally binding constraints,"
EconStor Preprints
130142, ZBW - Leibniz Information Centre for Economics.
- Holden, Tom D., 2019. "Existence and uniqueness of solutions to dynamic models with occasionally binding constraints," EconStor Preprints 144570, ZBW - Leibniz Information Centre for Economics.
- Michetti, Elisabetta, 2015. "Complex attractors and basins in a growth model with nonconcave production function and logistic population growth rate," Mathematics and Computers in Simulation (MATCOM), Elsevier, vol. 108(C), pages 215-232.
- Ken-Ichi Akao & Takashi Kamihigashi & Kazuo Nishimura, 2015.
"Critical Capital Stock in a Continuous-Time Growth Model with a Convex-Concave Production Function,"
Discussion Paper Series
DP2015-39, Research Institute for Economics & Business Administration, Kobe University.
- Ken-Ichi Akao & Takashi Kamihigashi & Kazuo Nishimura, 2019. "Critical capital stock in a continuous time growth model with a convex-concave production function," RIEEM Discussion Paper Series 1906, Research Institute for Environmental Economics and Management, Waseda University.
- Le Van, Cuong & Pham, Ngoc-Sang, 2021.
"Why Does Productivity Matter?,"
MPRA Paper
106042, University Library of Munich, Germany.
- Cuong Le Van & Ngoc-Sang Pham, 2021. "Why Does Productivity Matter?," Working Papers halshs-03139392, HAL.
- Serena Brianzoni & Cristiana Mammana & Elisabetta Michetti, 2012. "Local and Global Dynamics in a Discrete Time Growth Model with Nonconcave Production Function," Working Papers 70-2012, Macerata University, Department of Finance and Economic Sciences, revised Sep 2015.
- Darong Dai, 2013. "Wealth Martingale and Neighborhood Turnpike Property In Dynamically Complete Market With Heterogeneous Investors," Economic Research Guardian, Weissberg Publishing, vol. 3(2), pages 86-110, December.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Ken-Ichi Akao & Takashi Kamihigashi & Kazuo Nishimura, 2015.
"Critical Capital Stock in a Continuous-Time Growth Model with a Convex-Concave Production Function,"
Discussion Paper Series
DP2015-39, Research Institute for Economics & Business Administration, Kobe University.
- Ken-Ichi Akao & Takashi Kamihigashi & Kazuo Nishimura, 2019. "Critical capital stock in a continuous time growth model with a convex-concave production function," RIEEM Discussion Paper Series 1906, Research Institute for Environmental Economics and Management, Waseda University.
- Ha-Huy, Thai & Tran, Nhat Thien, 2020.
"A simple characterisation for sustained growth,"
Journal of Mathematical Economics, Elsevier, vol. 91(C), pages 141-147.
- Ha-Huy, Thai & Tran, Nhat-Thien, 2019. "A simple characterization for sustained growth," MPRA Paper 94079, University Library of Munich, Germany.
- Ha-Huy, Thai & Tran, Nhat-Thien, 2019. "A simple characterization for sustained growth," MPRA Paper 94576, University Library of Munich, Germany.
- Ha-Huy, Thai & Tran, Nhat-Thien, 2019. "A simple characterization for sustained growth," MPRA Paper 94102, University Library of Munich, Germany.
- Ha-Huy, Thai & Tran, Nhat-Thien, 2019. "A simple characterization for sustained growth," MPRA Paper 94250, University Library of Munich, Germany.
- Ha-Huy, Thai & Tran, Nhat-Thien, 2019. "A simple characterization for sustained growth," MPRA Paper 94061, University Library of Munich, Germany.
- Vassili Kolokoltsov & Wei Yang, 2012. "Turnpike Theorems for Markov Games," Dynamic Games and Applications, Springer, vol. 2(3), pages 294-312, September.
- N. Hung & C. Le Van & P. Michel, 2009.
"Non-convex aggregate technology and optimal economic growth,"
Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 40(3), pages 457-471, September.
- Manh Hung Nguyen & Cuong Le Van & Philippe Michel, 2005. "Non-convex aggregative technology and optimal economic growth," Cahiers de la Maison des Sciences Economiques b05095, Université Panthéon-Sorbonne (Paris 1).
- Nguyen Manh Hung & Cuong Le Van & Philippe Michel, 2009. "Non-convex Aggregate Technology and Optimal Economic Growth," Post-Print halshs-00267100, HAL.
- Nguyen Manh Hung & Cuong Le Van & Philippe Michel, 2009. "Non-convex Aggregate Technology and Optimal Economic Growth," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00267100, HAL.
- Nguyen Manh Hung & Cuong Le Van & Philippe Michel, 2009. "Non-convex Aggregate Technology and Optimal Economic Growth," PSE-Ecole d'économie de Paris (Postprint) halshs-00267100, HAL.
- N. M. Hung & Cuong Le Van & P. Michel, 2008. "Non-convex Aggregate Technology and Optimal Economic Growth," Working Papers 05, Development and Policies Research Center (DEPOCEN), Vietnam.
- N.M. Hung & C. Le Van & P. Michel, 2006. "Non-Convex Aggregate Technology and Optimal Economic Growth," Cahiers de recherche 0603, Université Laval - Département d'économique.
- Manh Nguyen Hung & Cuong Le Van & Philippe Michel, 2005. "Non-convex aggregative technology and optimal economic growth," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00197556, HAL.
- Manh Nguyen Hung & Cuong Le Van & Philippe Michel, 2005. "Non-convex aggregative technology and optimal economic growth," Post-Print halshs-00197556, HAL.
- Takashi Kamihigashi, 2014.
"Elementary results on solutions to the bellman equation of dynamic programming: existence, uniqueness, and convergence,"
Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 56(2), pages 251-273, June.
- Takashi Kamihigashi, 2012. "Elementary Results on Solutions to the Bellman Equation of Dynamic Programming: Existence, Uniqueness, and Convergence," Discussion Paper Series DP2012-31, Research Institute for Economics & Business Administration, Kobe University.
- Takashi Kamihigashi, 2013. "Elementary Results on Solutions to the Bellman Equation of Dynamic Programming:Existence, Uniqueness, and Convergence," Discussion Paper Series DP2013-35, Research Institute for Economics & Business Administration, Kobe University, revised Dec 2013.
- Jensen, Martin Kaae, 2012. "Global stability and the “turnpike” in optimal unbounded growth models," Journal of Economic Theory, Elsevier, vol. 147(2), pages 802-832.
- Lars J. Olson & Santanu Roy, 2006.
"Theory of Stochastic Optimal Economic Growth,"
Springer Books, in: Rose-Anne Dana & Cuong Le Van & Tapan Mitra & Kazuo Nishimura (ed.), Handbook on Optimal Growth 1, chapter 11, pages 297-335,
Springer.
- Olson, Lars J. & Roy, Santanu, 2005. "Theory of Stochastic Optimal Economic Growth," Working Papers 28601, University of Maryland, Department of Agricultural and Resource Economics.
- Thanh Tam Nguyen-Huu & Ngoc-Sang Pham, 2021.
"Escaping the middle income trap and getting economic growth: How does FDI can help the host country?,"
Working Papers
halshs-03143087, HAL.
- Nguyen-Huu, Thanh Tam & Pham, Ngoc-Sang, 2021. "Escaping the middle income trap and getting economic growth: How does FDI can help the host country?," MPRA Paper 106151, University Library of Munich, Germany.
- Azariadis, Costas & Stachurski, John, 2005.
"Poverty Traps,"
Handbook of Economic Growth, in: Philippe Aghion & Steven Durlauf (ed.), Handbook of Economic Growth, edition 1, volume 1, chapter 5,
Elsevier.
- Costas Aariadis & John Stachurski, 2004. "Poverty Traps," Department of Economics - Working Papers Series 913, The University of Melbourne.
- Kaganovich, Michael, 1998.
"Sustained endogenous growth with decreasing returns and heterogeneous capital,"
Journal of Economic Dynamics and Control, Elsevier, vol. 22(10), pages 1575-1603, August.
- Kaganovich, M., 1997. "Sustained Endogenous Growth with Decreasing Returns and Heterogeneous Capital II," Papers 97-005, Indiana - Center for Econometric Model Research.
- Takashi Kamihigashi & Santanu Roy, 2006.
"Dynamic optimization with a nonsmooth, nonconvex technology: the case of a linear objective function,"
Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 29(2), pages 325-340, October.
- Takashi Kamihigashi & Santanu Roy, 2004. "Dynamic Optimization with a Nonsmooth, Nonconvex Technology: The Case of a Linear Objective Function," Discussion Paper Series 161, Research Institute for Economics & Business Administration, Kobe University.
- Takashi Kamihigashi & Santanu Roy, 2005. "Dynamic optimization with a nonsmooth, nonconvex technology: The case of a linear objective function," Discussion Paper Series 175, Research Institute for Economics & Business Administration, Kobe University.
- Akao, Ken-Ichi & Kamihigashi, Takashi & Nishimura, Kazuo, 2011.
"Monotonicity and continuity of the critical capital stock in the Dechert–Nishimura model,"
Journal of Mathematical Economics, Elsevier, vol. 47(6), pages 677-682.
- Ken-Ichi Akao & Takashi Kamihigashi & Kazuo Nishimura, 2011. "Monotonicity and Continuity of the Critical Capital Stock in the Dechert-Nishimura Model," Discussion Paper Series DP2011-20, Research Institute for Economics & Business Administration, Kobe University, revised Sep 2011.
- Santanu Roy, 2010. "On sustained economic growth with wealth effects," International Journal of Economic Theory, The International Society for Economic Theory, vol. 6(1), pages 29-45, March.
- Darong Dai, 2013. "Wealth Martingale and Neighborhood Turnpike Property In Dynamically Complete Market With Heterogeneous Investors," Economic Research Guardian, Weissberg Publishing, vol. 3(2), pages 86-110, December.
- Olivier Bruno & Cuong Van & Benoît Masquin, 2009.
"When does a developing country use new technologies?,"
Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 40(2), pages 275-300, August.
- Olivier Bruno & Cuong Le Van & Benoît Masquin, 2005. "When does a developing country use new technologies?," Post-Print halshs-00197539, HAL.
- Olivier Bruno & Cuong Le Van & Benoît Masquin, 2009. "When Does a Developing Country Use New Technologies?," Post-Print halshs-00101361, HAL.
- Olivier Bruno & Cuong Le Van & Benoît Masquin, 2005. "When does a developing country use new technologies?," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00197539, HAL.
- Olivier Bruno & Cuong Le Van & Benoît Masquin, 2005. "When does a developing country use new technologies?," Cahiers de la Maison des Sciences Economiques b05093, Université Panthéon-Sorbonne (Paris 1).
- Olivier Bruno & Cuong Le Van & Benoît Masquin, 2008. "When Does a Developing Country Use New Technologies?," Working Papers 12, Development and Policies Research Center (DEPOCEN), Vietnam.
- Olivier Bruno & Cuong Le Van & Benoît Masquin, 2009. "When Does a Developing Country Use New Technologies?," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00101361, HAL.
- Olivier Bruno & Cuong Le Van & Benoît Masquin, 2009. "When Does a Developing Country Use New Technologies?," PSE-Ecole d'économie de Paris (Postprint) halshs-00101361, HAL.
- Wagener, F.O.O., 2013. "Economics of environmental regime shifts," CeNDEF Working Papers 13-08, Universiteit van Amsterdam, Center for Nonlinear Dynamics in Economics and Finance.
- Pham, Ngoc-Sang & Pham, Thi Kim Cuong, 2020.
"Effects of foreign aid on the recipient country’s economic growth,"
Journal of Mathematical Economics, Elsevier, vol. 86(C), pages 52-68.
- Pham, Ngoc-Sang & Pham, Thi Kim Cuong, 2019. "Effects of foreign aid on the recipient country's economic growth," MPRA Paper 93379, University Library of Munich, Germany.
- Ngoc-Sang Pham & Thi Kim Cuong Pham, 2020. "Effects of foreign aid on the recipient country’s economic growth," Post-Print hal-02434995, HAL.
- Ngoc Sang Pham & Thi Kim Cuong Pham, 2020. "Effects of foreign aid on the recipient country's economic growth," Post-Print hal-03159190, HAL.
- Thomas M. Steger, 2000.
"Productive Consumption and Growth in Developing Countries,"
Review of Development Economics, Wiley Blackwell, vol. 4(3), pages 365-375, October.
- Thomas M. Steger, 1997. "Productive Consumption and Growth in Developing Countries," Development and Comp Systems 9710001, University Library of Munich, Germany, revised 02 Dec 1997.
- Thomas Steger, 1997. "Productive Consumption and Growth in Developing Countries," Volkswirtschaftliche Diskussionsbeiträge 64-97, Universität Siegen, Fakultät Wirtschaftswissenschaften, Wirtschaftsinformatik und Wirtschaftsrecht.
- Olson, Lars J. & Roy, Santanu, 1996.
"On Conservation of Renewable Resources with Stock-Dependent Return and Nonconcave Production,"
Journal of Economic Theory, Elsevier, vol. 70(1), pages 133-157, July.
- Olson, Lars J. & Roy, Santanu, 1994. "On Conservation of Renewable Resources with Stock-Dependent Return and Non-Concave Production," Working Papers 197800, University of Maryland, Department of Agricultural and Resource Economics.
- Nishimura, Kazuo & Rudnicki, Ryszard & Stachurski, John, 2006. "Stochastic optimal growth with nonconvexities," Journal of Mathematical Economics, Elsevier, vol. 42(1), pages 74-96, February.
More about this item
Keywords
Nonconvex; nonsmooth; and discontinuous technology; Optimal growth; Unbounded growth; Extinction; Neighborhood turnpike;All these keywords.
JEL classification:
- C61 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Optimization Techniques; Programming Models; Dynamic Analysis
- D90 - Microeconomics - - Micro-Based Behavioral Economics - - - General
- O41 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - One, Two, and Multisector Growth Models
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:kob:dpaper:139. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Office of Promoting Research Collaboration, Research Institute for Economics & Business Administration, Kobe University). General contact details of provider: https://edirc.repec.org/data/rikobjp.html .
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.