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

DOI10.1007/S00712-023-00844-9MaRDI QIDQ6494451zbMATH OpenFDO

Authors T. Asano, Akihisa Shibata, Masanori Yokoo

Publication date 30 April 2024

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

Mathematics Subject Classification ID

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

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Cites work

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

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