The General Instability of a Class of Competitive Growth Processes

Mordecai Kurz

Chapter 17 in Readings in the Theory of Growth, 1971, pp 218-237 from Palgrave Macmillan

Abstract: Abstract In recent papers [1, 2] Frank Hahn has raised serious doubts regarding the stability properties of neoclassical growth theory.

Keywords: Stationary Point; Optimal Path; Capital Gain; Competitive Equilibrium; Balance Growth Path (search for similar items in EconPapers)
Date: 1971
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Journal Article: The General Instability of a Class of Competitive Growth Processes (1968)
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DOI: 10.1007/978-1-349-15430-2_17

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