A note on the Bogdanov-Takens bifurcation in the Romer model with learning by doing

DOI10.1142/S021812741750002XzbMATH Open1358.34043OpenAlexW2586347601MaRDI QIDQ2973259FDOQ2973259

Authors: Giovanni Bella 

Publication date: 3 April 2017

Published in: International Journal of Bifurcation and Chaos in Applied Sciences and Engineering (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1142/s021812741750002x

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zbMATH Keywords

poverty trapBogdanov-Takens singularityendogenous growthglobal indeterminacylearning by doing model

Mathematics Subject Classification ID

Qualitative investigation and simulation of ordinary differential equation models (34C60) Topological structure of integral curves, singular points, limit cycles of ordinary differential equations (34C05) Bifurcation theory for ordinary differential equations (34C23) Bifurcations of singular points in dynamical systems (37G10) Economic growth models (91B62) Hyperbolic singular points with homoclinic trajectories in dynamical systems (37G20)

Cites Work

• Indeterminacy and increasing returns
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• Divergence in economic performance: Transitional dynamics with multiple equilibria
• Uniqueness and indeterminacy: On the dynamics of endogenous growth
• The perils of Taylor rules
• Poverty trap and global indeterminacy in a growth model with open-access natural resources
• On the dynamics of an endogenous growth model with learning by doing
• Transitional dynamics in an endogenous growth model with physical capital, human capital and R\&D
• Indeterminacy Under Constant Returns to Scale in Multisector Economies
• Global analysis and indeterminacy in a two‐sector growth model with human capital
• Global indeterminacy of the equilibrium in the Chamley model of endogenous growth in the vicinity of a Bogdanov-Takens bifurcation
• Monopolistic competition, indeterminacy and growth
• Poverty traps, indeterminacy, and the wealth distribution
• Endogeneous growth and the balanced growth equilibrium

Cited In (2)

• A note on the Bautin bifurcation in the modified Romer model with endogenous technical change
• Global indeterminacy of the equilibrium in the Chamley model of endogenous growth in the vicinity of a Bogdanov-Takens bifurcation

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