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an infinite number of kinds of unstable dynamics, some very close to stability in appearance, but also an infinite number …This paper analyzes, within its feasible parameter space, the dynamics of the Uzawa-Lucas endogenous growth model. The …. We examine the stability properties of both versions of the model and locate Hopf and transcritical bifurcation …
Persistent link: https://www.econbiz.de/10011260401
kind of stable dynamics domain from another kind (called soft bifurcation), such as bifurcation from monotonic stability to … kinds of unstable dynamics, some very close to stability in appearance, but also an infinite number of kinds of stable …This paper analyzes the dynamics of a variant of Jones (2002) semi-endogenous growth model within the feasible …
Persistent link: https://www.econbiz.de/10011257703
Cambridge University Press journal, Macroeconomic Dynamics. I have decided to focus the essay on my experiences in starting up …
Persistent link: https://www.econbiz.de/10005014952
Paper focuses on evaluation of competitiveness of Czech wine production in relation to the development concept formulated within solution of a grant provided by the Czech Ministry of Agriculture (No. NAZV QF 3276). For evaluation of competitiveness, the concept of “New 7 S” is selected,...
Persistent link: https://www.econbiz.de/10009323490
The focus of this study is on black markets which provide an important segment of the parallel economy. These markets operate in disequilibrium,search and information costs become very important.Trafficking in drugs taken as case, to explore both theoretically and empirically. The problem,...
Persistent link: https://www.econbiz.de/10009422026
expectation, the effect of stock market policies, such as financing interest rate, financing ratio, on dynamics of commodity and …
Persistent link: https://www.econbiz.de/10009644154
agents in both fields of innovative activity and is endogenously defined from the dynamics of the model. …
Persistent link: https://www.econbiz.de/10009644925
the theoretical literature on innovations in two ways. First, it permits for the simultaneous dynamics of both types of … the dynamics of product innovations in turn. …
Persistent link: https://www.econbiz.de/10009369184
Previous studies on the measurement of learning-by-doing emphasize the importance of accounting for multi-vintage effects having an impact on firms’ production costs through economies of scope. This study shows that accounting for cannibalization effects on the demand side is equally important...
Persistent link: https://www.econbiz.de/10008599124
the distinctive advantages of allowing both dynamics and saturation but without the need for expensive genuine panel data …
Persistent link: https://www.econbiz.de/10005790060