Title of article :
Lyapunov stability, regions of attraction, and indeterminate growth paths
Author/Authors :
Lyapunov stability، نويسنده , , regions of attraction، نويسنده , , and indeterminate growth paths، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 1998
Abstract :
A Lyapunov function is used to provide an explicit solution to a well known indeterminate growth model. Economies within the Lyapunov stable region display little variation in growth experience. On the other hand, a wide variation of growth experience is observed when the Lyapunov region is extended to the region of attraction.
Keywords :
Lyapunov stability , Comparative growth paths , indeterminacy
Journal title :
Economics Letters
Journal title :
Economics Letters