is represented in terms of its bifurcation diagram in the parameter plane. A number of bifurcation sequences for …

behaviour of the market is analysed numerically. We present the bifurcation diagrams for each parameter and localize those …

parameter space. We derive the long run growth rate of the economy and do a detailed bifurcation analysis of the equilibrium. We … important to recognize that bifurcation boundaries do not necessarily separate stable from unstable solution domains …. Bifurcation boundaries can separate one kind of unstable dynamics domain from another kind of unstable dynamics domain, or one …

. We examine the stability properties of both versions of the model and locate Hopf and transcritical bifurcation … boundaries. In an extended analysis, we investigate the existence of Andronov-Hopf bifurcation, branch point bifurcation, limit … point cycle bifurcation, and period doubling bifurcations. While these all are local bifurcations, the presence of global …

protection may stifle innovation through the occurrence of a bifurcation. …