ENDOGENOUS GROWTH, BACKSTOP TECHNOLOGY ADOPTION, AND OPTIMAL JUMPS

DOI10.1017/S1365100510000027zbMath1218.91124OpenAlexW3121653511MaRDI QIDQ5198678

Simone Valente

Publication date: 9 August 2011

Published in: Macroeconomic Dynamics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1017/s1365100510000027

zbMATH Keywords

optimal controlendogenous growthexhaustible resourcesdiscrete jumpsbackstop technology

Mathematics Subject Classification ID

Economic growth models (91B62)

Related Items (4)

Optimal transition to renewable energy with threshold of irreversible pollution ⋮ Piecewise closed-loop equilibria in differential games with regime switching strategies ⋮ Markovian strategies for piecewise deterministic differential games with continuous and impulse controls ⋮ Optimal regime switching and threshold effects

Cites Work

• Resource extraction, substitute production, and monopoly
• Technological change, market rivalry, and the evolution of the capitalist engine of growth
• Optimal transition to backstop substitutes for nonrenewable resources
• Resource Depletion Under Technological Uncertainty
• Invention and Innovation Under Alternative Market Structures: The Case of Natural Resources
• Directed Technical Change
• RENEWABLE NATURAL RESOURCES AND ENDOGENOUS GROWTH
• Necessary conditions for infinite-horizon discounted two-stage optimal control problems

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