On the equilibrium point and Hopf-Bifurcation analysis of GDP-national debt dynamics under the delayed external investment: A new DDE model
This mathematical model is based on a system of two non-linear delay differential equations representing GDP (Gross Domestic Product) growth and national debt respectively. Growth of GDP is directly proportional to national debt. In the absence of national debt, there could be no or very slow GDP gr...
| Main Authors: | , , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Elsevier
2024-03-01
|
| Series: | Alexandria Engineering Journal |
| Subjects: | |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S1110016824001613 |