This paper presents a standard two-sector optimal growth model with general neoclassical production functions: strictly quasi-concave, twice continuously differentiable homogeneous of degree one functions. The following two results will be established when the discount factor is sufficiently...

We will study a multi-sector discrete-time optimal growth model with a neoclassical non-joint technology and show the Neighborhood Turnpike; any optimal path will be trapped in the neighborhood of an associated optimal steady state and its neighborhood can be chosen as small as possible by taking...