In this note, we study the dynamic behavior of a 1-sector AK Model with endogenous growth introduced in Freni, Gozzi and Salvadori (2001) (FGS henceforth). We characterize the region of parameter values that gives rise to a unique equilibrium with positive growth rates.
Some Stability Results for a 1-sector on “AK Model” with Endogenous Growth
VENTURI, BEATRICE
2003-01-01
Abstract
In this note, we study the dynamic behavior of a 1-sector AK Model with endogenous growth introduced in Freni, Gozzi and Salvadori (2001) (FGS henceforth). We characterize the region of parameter values that gives rise to a unique equilibrium with positive growth rates.
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