scholarly journals The Time Delays’ Effects on the Qualitative Behavior of an Economic Growth Model

2013 ◽  
Vol 2013 ◽  
pp. 1-10 ◽  
Author(s):  
Carlo Bianca ◽  
Massimiliano Ferrara ◽  
Luca Guerrini

A further generalization of an economic growth model is the main topic of this paper. The paper specifically analyzes the effects on the asymptotic dynamics of the Solow model when two time delays are inserted: the time employed in order that the capital is used for production and the necessary time so that the capital is depreciated. The existence of a unique nontrivial positive steady state of the generalized model is proved and sufficient conditions for the asymptotic stability are established. Moreover, the existence of a Hopf bifurcation is proved and, by using the normal form theory and center manifold argument, the explicit formulas which determine the stability, direction, and period of bifurcating periodic solutions are obtained. Finally, numerical simulations are performed for supporting the analytical results.

2013 ◽  
Vol 2013 ◽  
pp. 1-9 ◽  
Author(s):  
Zizhen Zhang ◽  
Huizhong Yang

A delayed SEIRS epidemic model with vertical transmission in computer network is considered. Sufficient conditions for local stability of the positive equilibrium and existence of local Hopf bifurcation are obtained by analyzing distribution of the roots of the associated characteristic equation. Furthermore, the direction of the local Hopf bifurcation and the stability of the bifurcating periodic solutions are determined by using the normal form theory and center manifold theorem. Finally, a numerical example is presented to verify the theoretical analysis.


Complexity ◽  
2019 ◽  
Vol 2019 ◽  
pp. 1-17 ◽  
Author(s):  
Zizhen Zhang ◽  
Fangfang Yang ◽  
Wanjun Xia

This paper is concerned with the Hopf bifurcation of a synthetic drug transmission model with two delays. Firstly, some sufficient conditions of delay-induced bifurcation for such a model are captured by using different combinations of the two delays as the bifurcation parameter. Secondly, based on the center manifold theorem and normal form theory, some sufficient conditions determining properties of the Hopf bifurcation such as the direction and the stability are established. Finally, to underline the effectiveness of the obtained results, some numerical simulations are ultimately addressed.


2014 ◽  
Vol 2014 ◽  
pp. 1-19
Author(s):  
Zizhen Zhang ◽  
Huizhong Yang

A predator-prey system with two delays and stage-structure for both the predator and the prey is considered. Sufficient conditions for the local stability and the existence of periodic solutions via Hopf bifurcation with respect to both delays are obtained by analyzing the distribution of the roots of the associated characteristic equation. Specially, the direction of the Hopf bifurcation and the stability of the periodic solutions bifurcating from the Hopf bifurcation are determined by applying the normal form theory and center manifold argument. Some numerical simulations for justifying the theoretical analysis are also provided.


2017 ◽  
Vol 2017 ◽  
pp. 1-10
Author(s):  
Tao Zhao ◽  
Dianjie Bi

A delayed SEIQRS worm propagation model with different infection rates for the exposed computers and the infectious computers is investigated in this paper. The results are given in terms of the local stability and Hopf bifurcation. Sufficient conditions for the local stability and the existence of Hopf bifurcation are obtained by using eigenvalue method and choosing the delay as the bifurcation parameter. In particular, the direction and the stability of the Hopf bifurcation are investigated by means of the normal form theory and center manifold theorem. Finally, a numerical example is also presented to support the obtained theoretical results.


2013 ◽  
Vol 2013 ◽  
pp. 1-12 ◽  
Author(s):  
Juan Liu ◽  
Changwei Sun ◽  
Yimin Li

This paper is concerned with a Gause-type predator-prey system with two delays. Firstly, we study the stability and the existence of Hopf bifurcation at the coexistence equilibrium by analyzing the distribution of the roots of the associated characteristic equation. A group of sufficient conditions for the existence of Hopf bifurcation is obtained. Secondly, an explicit formula for determining the stability and the direction of periodic solutions that bifurcate from Hopf bifurcation is derived by using the normal form theory and center manifold argument. Finally, some numerical simulations are carried out to illustrate the main theoretical results.


2002 ◽  
Vol 12 (04) ◽  
pp. 869-875 ◽  
Author(s):  
SVEN TITZ ◽  
TILL KUHLBRODT ◽  
ULRIKE FEUDEL

The qualitative behavior of a conceptual ocean box model is investigated. It is a paradigmatic model of the thermohaline ocean circulation of the Atlantic. In a bifurcation study, the two occurring bifurcations, a saddle-node and a Hopf bifurcation, are computed analytically. Using normal form theory, it is shown that the latter bifurcation is always subcritical. The unstable periodic orbit emerging at the Hopf bifurcation vanishes in a homoclinic bifurcation. The results are interpreted with respect to the stability of the thermohaline circulation.


2021 ◽  
Vol 5 (3) ◽  
pp. 74
Author(s):  
Ziyi Lin ◽  
Hu Wang

This paper proposes a fractional-order economic growth model with time delay based on the Solow model to describe the economic growth path and explore the underlying growth factors. It effectively captures memory characteristics in economic operations by adding a time lag to the capital stock. The proposed model is presented in the form of a fractional differential equations system, and the sufficient conditions for the local stability are obtained. In the simulation, the theoretical results are verified and the sensitivity analysis is performed on individual parameters. Based on the proposed model, we predict China’s GDP in the next thirty years through optimization and find medium-to-high-speed growth in the short term. Furthermore, the application results indicate that China is facing the disappearance of demographic dividend and the deceleration of capital accumulation. Therefore, it is urgent for China to increase the total factor productivity (TFP) and transform its economic growth into a trajectory dependent on TFP growth.


2021 ◽  
Vol 2021 ◽  
pp. 1-18
Author(s):  
Long Li ◽  
Yanxia Zhang

In this paper, a Lengyel–Epstein model with two delays is proposed and considered. By choosing the different delay as a parameter, the stability and Hopf bifurcation of the system under different situations are investigated in detail by using the linear stability method. Furthermore, the sufficient conditions for the stability of the equilibrium and the Hopf conditions are obtained. In addition, the explicit formula determining the direction of Hopf bifurcation and the stability of bifurcating periodic solutions are obtained with the normal form theory and the center manifold theorem to delay differential equations. Some numerical examples and simulation results are also conducted at the end of this paper to validate the developed theories.


2013 ◽  
Vol 2013 ◽  
pp. 1-13
Author(s):  
Zizhen Zhang ◽  
Huizhong Yang

A four-dimensional recurrent neural network with two delays is considered. The main result is given in terms of local stability and Hopf bifurcation. Sufficient conditions for local stability of the zero equilibrium and existence of the Hopf bifurcation with respect to both delays are obtained by analyzing the distribution of the roots of the associated characteristic equation. In particular, explicit formulae for determining the direction of the Hopf bifurcation and the stability of the bifurcating periodic solutions are established by using the normal form theory and center manifold theory. Some numerical examples are also presented to verify the theoretical analysis.


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