Middle-income traps and complexity in economic development

DOI10.1515/SNDE-2021-0100MaRDI QIDQ6553222zbMATH OpenFDO

Authors T. Asano, Akihisa Shibata, Masanori Yokoo

Publication date 11 June 2024

Published in Studies in Nonlinear Dynamics & Econometrics (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1515/SNDE-2021-0100

zbMATH Keywords

CES production functionchaoscomplex dynamicsmiddle-income trapsnonlinearitiestechnology choice

Mathematics Subject Classification ID

Statistics (62-XX) Game theory, economics, finance, and other social and behavioral sciences (91-XX)

Cites work

• A piecewise linear model of credit traps and credit cycles: a complete characterization
• A simple model of growth cycles with technology choice
• Asset bubbles, credit market imperfections, and technology choice
• Chaotic Behavior in Piecewise Continuous Difference Equations
• Chaotic dynamics in a two-dimensional overlapping generations model.
• Chaotic dynamics of a piecewise linear model of credit cycles
• Complex behaviour in a piecewise linear dynamic macroeconomic model with endogenous discontinuity
• Dualism and Macroeconomic Volatility
• Flying or trapped?
• Myopic and perfect foresight in the OLG model
• Nonlinear oscillations, dynamical systems, and bifurcations of vector fields
• Transient chaos. Complex dynamics in finite-time scales

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