Fifty Years of Mathematical Growth Theory: Classical Topics and New Trends

Emmanuelle Augeraud Veron, Raouf Boucekkine (), Fausto Gozzi, Alain Venditti and Beteng Zou
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Emmanuelle Augeraud Veron: BSE - Bordeaux sciences économiques - UB - Université de Bordeaux - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement
Fausto Gozzi: LUISS - Libera Università Internazionale degli Studi Sociali Guido Carli [Roma]
Beteng Zou: uni.lu - Université du Luxembourg = University of Luxembourg = Universität Luxemburg

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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: 2024-03-02
Note: View the original document on HAL open archive server: https://hal.science/hal-04542665v1
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Published in Journal of Mathematical Economics, 2024, 111, pp.102966. ⟨10.1016/j.jmateco.2024.102966⟩

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Related works:
Journal Article: 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:hal:journl:hal-04542665

DOI: 10.1016/j.jmateco.2024.102966

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