A turnpike theorem for continuous-time optimal-control models

DOI10.1016/0165-1889(94)00795-JzbMath0877.90020OpenAlexW2055832327MaRDI QIDQ673809

Luigi Montrucchio

Publication date: 28 February 1997

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/0165-1889(94)00795-j

zbMATH Keywords

optimal controleconomic dynamicsoptimal growthlocal and global stabilityinfinite-horizon optimizationturnpike theorems

Mathematics Subject Classification ID

Economic growth models (91B62)

Related Items (6)

Endogenous cycles with small discounting in multisector optimal growth models: Continuous-time case ⋮ Saddle-point dynamics in non-autonomous models of multisector growth with variable returns to scale ⋮ Strong concavity properties of indirect utility functions in multisector optimal growth models ⋮ Turnpike theorems for Markov games ⋮ Invariant ideals and their applications to the turnpike theory ⋮ Competitive equilibrium cycles for small discounting in discrete-time two-sector optimal growth models

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