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Модели Равновесного Экономического Роста
[Models of Equilibrium Economic Growth]

Author

Listed:
  • Polterovich, Victor

Abstract

We develop a turnpike theory for a class of dynamic general equilibrium models where total demand function satisfy monotonicity conditions. As special cases, we receive well known results about asymptotic behavior of optimal paths.

Suggested Citation

  • Polterovich, Victor, 1976. "Модели Равновесного Экономического Роста [Models of Equilibrium Economic Growth]," MPRA Paper 22201, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:22201
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    File URL: https://mpra.ub.uni-muenchen.de/22201/1/MPRA_paper_22201.pdf
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    Cited by:

    1. Arkin, Vadim I & Slastnikov, Alexander D, 1996. "Changing Economic Mechanisms: A Model of the Transition from Budget Regulation to the Competitive Market," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 7(2), pages 307-321, February.

    More about this item

    Keywords

    equilibrium path; stationary(steady) state; turnpike theorem; monotonicity of demand function; generalized gross substitutability; revealed preference axiom; dynamic optimization model;
    All these keywords.

    JEL classification:

    • D11 - Microeconomics - - Household Behavior - - - Consumer Economics: Theory
    • D90 - Microeconomics - - Micro-Based Behavioral Economics - - - General
    • C62 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Existence and Stability Conditions of Equilibrium

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