Sustainability, indeterminacy and oscillations in a growth model with environmental assets

DOI10.1016/j.nonrwa.2003.06.003zbMath1124.91351OpenAlexW2126316907MaRDI QIDQ2572146

Luigi Brugnano, Angelo Antoci, Marcello Galeotti

Publication date: 14 November 2005

Published in: Nonlinear Analysis. Real World Applications (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.nonrwa.2003.06.003

zbMATH Keywords

Hopf bifurcationPeriodic orbitsDynamic systemsEconomic growth modelsOptimal control problemsEnvironmental assets

Mathematics Subject Classification ID

Applications of optimal control and differential games (49N90) Economic growth models (91B62) Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76) Complex behavior and chaotic systems of ordinary differential equations (34C28)

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Fashion cycle dynamics in a model with endogenous discrete evolution of heterogeneous preferences ⋮ Local and global bifurcations in an economic growth model with endogenous labour supply and multiplicative external habits ⋮ A general equilibrium evolutionary model with two groups of agents, generating fashion cycle dynamics

Cites Work

• Nonlinear oscillations, dynamical systems, and bifurcations of vector fields
• Corruption, pollution, and the Kuznets environment curve
• Neoclassical growth, the J curve for abatement, and the inverted U curve for pollution

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