de Carvalho Griebeler, Marcelo; Hillbrecht, Ronald Otto - In: EconomiA 16 (2015) 3, pp. 310-320
We studied the population dynamics of producers and parasites in a developing economy through the Lotka–Volterra model. Our baseline model found a cyclical equilibrium between these two groups of agents. When the equilibrium output is low, we propose that economy is in a poverty trap, such...