Existence of trajectories with unbounded consumption for the Makarov model with discrete innovations (Q5930640)

The author refers to his earlier work [Dyn. Syst. Appl. 7, 215-236 (1998; Zbl 0914.90049)] and studies a Makarov-Rubinov type dynamical economic model which takes technological progress into account. The model considered is more realistic and complicated than in loc. cit. The author studies the characteristics of optimal paths of the economic growth in the shown model and analyses conditions for the existence of a trajectory: a) with unbounded consumption, b) with rate of consumption growth more than one.