Palmisani, Cesare (2008): Una rassegna su alcuni modelli di crescita economica tipo Solow con dinamica caotica.

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Abstract
In this paper we review some Solowtype growth models, framed is discrete time, which are able to generate complex dynamic behaviour. For these models put forward by Day (1982, 1983); Böhm and Kaas (2000); and Commendatore (2005) we show that crucial features which could determine the emergence of regular or irregular growth cycles are (i) if the average saving ratio is constant or not; and (ii) the curvature of production function, representing the degree of substitutability between labour and capital. The lower the degree of substitutability, the higher the likelihood of complex behaviour.
Item Type:  MPRA Paper 

Original Title:  Una rassegna su alcuni modelli di crescita economica tipo Solow con dinamica caotica 
English Title:  A Survey on Chaotic Dynamics in Solowtype Growth Models 
Language:  English 
Keywords:  Logistic Map, LiYork Chaos, Growth Models, Local Stability, Triangle Stability 
Subjects:  A  General Economics and Teaching > A1  General Economics A  General Economics and Teaching > A1  General Economics > A10  General 
Item ID:  9506 
Depositing User:  Cesare Palmisani 
Date Deposited:  10. Jul 2008 01:56 
Last Modified:  11. Feb 2013 19:40 
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URI:  https://mpra.ub.unimuenchen.de/id/eprint/9506 