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.
Item Type: | MPRA Paper |
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Original Title: | A simple characterization for sustained growth |
English Title: | A simple characterization for sustained growth |
Language: | English |
Keywords: | Unbounded growth, sustained growth, non-convex dynamic programming |
Subjects: | C - Mathematical and Quantitative Methods > C0 - General > C02 - Mathematical Methods C - Mathematical and Quantitative Methods > C6 - Mathematical Methods ; Programming Models ; Mathematical and Simulation Modeling > C61 - Optimization Techniques ; Programming Models ; Dynamic Analysis O - Economic Development, Innovation, Technological Change, and Growth > O4 - Economic Growth and Aggregate Productivity O - Economic Development, Innovation, Technological Change, and Growth > O4 - Economic Growth and Aggregate Productivity > O40 - General O - Economic Development, Innovation, Technological Change, and Growth > O4 - Economic Growth and Aggregate Productivity > O41 - One, Two, and Multisector Growth Models |
Item ID: | 94102 |
Depositing User: | Dr Thai Ha-Huy |
Date Deposited: | 26 May 2019 13:11 |
Last Modified: | 26 Sep 2019 19:36 |
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URI: | https://mpra.ub.uni-muenchen.de/id/eprint/94102 |
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