A simple characterisation for sustained growth
This article considers an inter-temporal optimisation problem in a general form and gives conditions ensuring the convergence to infinity of the economy. These conditions can be easily verified and applied for a large class of problems in the literature. Some applications for different economies are...
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Glavni autori: | , |
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Format: | Journal article |
Jezik: | English |
Izdano: |
Elsevier
2022
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Teme: | |
Online pristup: | http://scholar.dlu.edu.vn/handle/123456789/860 |
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Thư viện lưu trữ: | Thư viện Trường Đại học Đà Lạt |
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Sažetak: | This article considers an inter-temporal optimisation problem in a general form and gives conditions ensuring the convergence to infinity of the economy. These conditions can be easily verified and applied for a large class of problems in the literature. Some applications for different economies are given as illustrative examples. |
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