A complete characterization of optimal growth paths in an aggregated model with a non-concave production function
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Publication:788608
DOI10.1016/0022-0531(83)90081-9zbMath0531.90018OpenAlexW4251756637WikidataQ61050900 ScholiaQ61050900MaRDI QIDQ788608
Davis W. Dechert, Kazuo Nishimura
Publication date: 1983
Published in: Journal of Economic Theory (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1016/0022-0531(83)90081-9
convergenceEuler equationsteady stateoptimal pathnon-convex technologycharacterization of optimal one-sector growthPrinciple of Optimality
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