Technology choice, externalities in production, and a chaotic middle-income trap

DOI10.1007/S00712-023-00844-9MaRDI QIDQ6494451FDOQ6494451

Authors: T. Asano, Akihisa Shibata, Masanori Yokoo 

Publication date: 30 April 2024

Published in: Journal of Economics (Search for Journal in Brave)

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Mathematics Subject Classification ID

Production theory, theory of the firm (91B38) Economic growth models (91B62)

Cites Work

• Nonlinear oscillations, dynamical systems, and bifurcations of vector fields
• On Endogenous Competitive Business Cycles
• On the Existence of Invariant Measures for Piecewise Monotonic Transformations
• Superstable credit cycles and U-sequence
• Growing through chaotic intervals
• Revisiting the model of credit cycles with good and bad projects
• The good, the bad, and the ugly: an inquiry into the causes and nature of credit cycles
• Dualism and Macroeconomic Volatility
• Competitive equilibrium cycles
• Nonlinear Dynamics and Chaos in Optimal Growth: An Example
• Increasing returns and crowding out
• A piecewise linear model of credit traps and credit cycles: a complete characterization
• Complex behaviour in a piecewise linear dynamic macroeconomic model with endogenous discontinuity
• A simple model of growth cycles with technology choice
• External economies in procyclical productivity: How important are they?
• Deterministic debt cycles in open economies with flow collateral constraints
• Eventual periodicity in the two-sector RSL model: equilibrium vis-à-vis optimum growth
• Robust chaos in a credit cycle model defined by a one-dimensional piecewise smooth map
• Flying or trapped?

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