Global stability in model of non-linear schumpeterian dynamics

The mathematical model of Schumpeterian dynamics is proposed. The notion of economical niche volume is introduced. The stability of capital distribution over levels of technological development is investigated.

Bibliographic Details
Main Authors: Alexander Kirillov, Alexander Sazonov
Format: Article
Language:English
Published: Karelian Research Centre of the Russian Academy of Sciences 2018-06-01
Series:Transactions of the Karelian Research Centre of the Russian Academy of Sciences
Subjects:
Online Access:http://journals.krc.karelia.ru/index.php/mathem/article/view/794