IJPAM: Volume 78, No. 7 (2012)

AN AK TIME TO BUILD GROWTH MODEL

Luca Guerrini
Department of Mathematics for Economic and Social Sciences
University of Bologna
5, Viale Filopanti 5, Bologna, 40126, ITALY


Abstract. We investigate how the choice of time delay may change the dynamics of the standard AK Solow-Swan model. In particular, the condition under which an Hopf bifurcations occurs is obtained.

Received: February 26, 2012

AMS Subject Classification: $34$K$18$, $91$B$62$

Key Words and Phrases: AK model, time delay, Hopf bifurcation

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Source: International Journal of Pure and Applied Mathematics
ISSN printed version: 1311-8080
ISSN on-line version: 1314-3395
Year: 2012
Volume: 78
Issue: 7