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Dynamic Properties of the Solow Model with Bounded Technological Progress and Time-to-Build Technology
We introduce a time-to-build technology in a Solow model with bounded technological progress. Our analysis shows that the system may be asymptotically stable, or it can produce stability switches and Hopf bifurcations when time delay varies. The direction and the stability criteria of the bifurcatin...
| Autores principales: | , |
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| Formato: | Online Artículo Texto |
| Lenguaje: | English |
| Publicado: |
Hindawi Publishing Corporation
2014
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| Materias: | |
| Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3977432/ https://www.ncbi.nlm.nih.gov/pubmed/24782674 http://dx.doi.org/10.1155/2014/908629 |