Document Zbl 0854.90026

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Problems of structural stability in a model of economic growth and cycles. (English. Russian original) Zbl 0854.90026

Autom. Remote Control 55, No. 9, Pt. 2, 1345-1350 (1994); translation from Avtom. Telemekh. 1994, No. 9, 134-140 (1994).

Summary: A model integrating the descriptions of economic growth and the investment process is considered. Different variants of investment delays are studied. Conditions for the system parameters under which oscillations occur have been determined. The basic oscillations have been shown to persist independently of modifications of the model structure.

MSC:

91B62

Economic growth models

Keywords:

economic growth; investment process; investment delays

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