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change phenomenon and, in particular, the applicability of the Poincaré-Bendixson theory for structural change modelling in … the three-sector framework. To do so, we compare the assumptions of the Poincaré-Bendixson theory to:(a) the typical … Poincaré-Bendixson theory. Moreover, we discuss briefly the implications of this result for structural change modelling and …
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quantitative implications for structural transformation, investment, and growth. Indeed, analyzing the dynamics along the STraP, we … balanced growth path (BGP) analysis. This paper develops a dynamic equilibrium concept for a more general class of models - an … show that the modern dynamic model of structural transformation makes progress over the Neoclassical growth model in …
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