A simple characterisation for sustained growth
Thai Ha-Huy
(University of Evry Paris-Saclay)
&
Nhat Thien Tran
(Da Lat University)
This article considers an inter-temporal optimisation problem in a general form and gives conditions ensuring the convergence to infinity of the economy. These conditions can be easily verified and applied for a large class of problems in the literature. Some applications for different economies are given as illustrative examples.
Published in
Research Group
Shared
This article considers an inter-temporal optimisation problem in a general form and gives conditions ensuring the convergence to infinity of the economy. These conditions can be easily verified and applied for a large class of problems in the literature. Some applications for different economies are given as illustrative examples.
