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A simple characterization for sustained growth

Ha-Huy, Thai and Tran, Nhat-Thien (2019): A simple characterization for sustained growth.

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Abstract

This article considers an inter-temporal optimization problem in a fairly general form and give sufficient conditions ensuring the convergence to infinity of the economy. These conditions are easy to verify and can be applied for a large class of problems in literature. As examples, some applications for different economies are also given.

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