A note on comparative statics and dynamics of stationary states |
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Authors: | S Dasgupta Lionel W McKenzie |
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Institution: | Dalhousie University, Halifax, N.S., Canada B3H 3J5;University of Rochester, Rochester, NY 14627, USA |
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Abstract: | Certain results are communicated regarding effects of parameter changes, when the stationary state is stable, on the stationary state and an optimal paths in its neighbourhood in discrete time multi-sectoral optimal growth models where period utilities are discounted. |
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