Stability and nonlinear dynamics in a Solow model with pollution
In this paper, we introduce a time-to-build technology in a Solow model with pollution. We show that Hopf bifurcations occur as the delay passes through critical values. The direction and the stability criteria of the bifurcating periodic solutions are obtained by the normal form theory and the cent...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Vilnius University Press
2014-07-01
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| Series: | Nonlinear Analysis |
| Subjects: | |
| Online Access: | http://www.journals.vu.lt/nonlinear-analysis/article/view/13654 |