A simple characterization for sustained growth

Thai Ha-Huy and Nhat-Thien Tran
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Nhat-Thien Tran: EPEE, University of Evry, University Paris-Saclay; DaLat University

No 19-03, Documents de recherche from Centre d'Études des Politiques Économiques (EPEE), Université d'Evry Val d'Essonne

Abstract: This article considers an inter-temporal optimization problem in a fairly general form and give sufficient conditions ensuring the convergence to infinity of the economy. These conditions are easy to verify and can be applied for a large class of problems in literature. As examples, some applications for different economies are also given.

Pages: 35 pages
Date: 2019
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Related works:
Journal Article: A simple characterisation for sustained growth (2020)
Working Paper: A simple characterization for sustained growth (2019)
Working Paper: A simple characterization for sustained growth (2019)
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