Fifty years of mathematical growth theory: Classical topics and new trends

Emmanuelle Augeraud-Veron, Raouf Boucekkine (), Fausto Gozzi, Alain Venditti and Benteng Zou

Journal of Mathematical Economics, 2024, vol. 111, issue C

Abstract: We present an overview of selected contributions of the Journal of Mathematical Economics’ authors to growth theory in the last half century. We start with the classical optimal growth theory within a benchmark multisector model and outline the successive developments in the analysis of this model, including the turnpike theory. Different refinements of the benchmark are considered along the way. We then survey the abundant literature on endogenous fluctuations in two-sector models. We conclude with two strong trends in the recent growth literature: green growth and infinite-dimensional growth models.

Keywords: Growth theory; Multisector models; Turnpike theory; Green growth; Infinite-dimensional growth models; Optimization (search for similar items in EconPapers)
Date: 2024
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Working Paper: Fifty years of mathematical growth theory: Classical topics and new trends (2024)
Working Paper: Fifty Years of Mathematical Growth Theory: Classical Topics and New Trends (2024)
Working Paper: Fifty years of mathematical growth theory: Classical topics and new trends (2024)
Working Paper: Fifty years of mathematical growth theory: Classical topics and new trends (2024)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:mateco:v:111:y:2024:i:c:s0304406824000284

DOI: 10.1016/j.jmateco.2024.102966

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