IDEAS home Printed from https://ideas.repec.org/p/sie/siegen/101-02.html
   My bibliography  Save this paper

Beyond Balance Growth : On the Analysis of Growth Trajectories

Author

Abstract

The core of the analysis of endogenous growth models typically is the examination optimality and stability of balanced growth trajectories. But the development of a robust and general economic theory of endogenous growth around this concept is limited by the lack of simple tools of analysis. In the paper we broaden the concept of balanced growth and propose two new methods of analysis. The first one invokes the theory of time varying systems and the second one is a compactification approach. Both methods are designed to clarify to what extent the linearization of the system along a path of balanced growth reveals enough information about the dynamics in a neighborhood of the path.

Suggested Citation

  • Karl-Josef Koch, 2002. "Beyond Balance Growth : On the Analysis of Growth Trajectories," Volkswirtschaftliche Diskussionsbeiträge 101-02, Universität Siegen, Fakultät Wirtschaftswissenschaften, Wirtschaftsinformatik und Wirtschaftsrecht.
    • Handle: RePEc:sie:siegen:101-02
    as

    Download full text from publisher

    File URL: http://www.wiwi.uni-siegen.de/vwl/repec/sie/papers/101-02.pdf
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sie:siegen:101-02. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Michael Gail (email available below). General contact details of provider: https://edirc.repec.org/data/fwsiede.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.