A Discrete Two-Sector Economic Growth Model
Keyword(s):
This paper studies a key model in economic theory—the two-sector growth model—with an alternative utility function. We show that the system has a unique stable equilibrium when the production functions take on the Cobb-Douglas form. We also simulate the model and demonstrate effects of changes in some parameters.
2019 ◽
Vol 32
(2)
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pp. 123-144
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2016 ◽
Vol 4
(2)
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pp. 90
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Keyword(s):
2014 ◽
Vol 24
(1)
◽
pp. 013122
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