Existence of Limit Cycles in the Solow Model with Delayed-Logistic Population Growth
Joint Authors
Source
Issue
Vol. 2014, Issue 2014 (31 Dec. 2014), pp.1-8, 8 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2014-01-28
Country of Publication
Egypt
No. of Pages
8
Main Subjects
Medicine
Information Technology and Computer Science
Abstract EN
This paper is devoted to the existence and stability analysis of limit cycles in a delayedmathematical model for the economy growth.
Specifically the Solow model is furtherimproved by inserting the time delay into the logistic population growth rate.
Moreover,by choosing the time delay as a bifurcation parameter, we prove that the system loses itsstability and a Hopf bifurcation occurs when time delay passes through critical values.
Finally, numerical simulations are carried out for supporting the analytical results.
American Psychological Association (APA)
Bianca, Carlo& Guerrini, Luca. 2014. Existence of Limit Cycles in the Solow Model with Delayed-Logistic Population Growth. The Scientific World Journal،Vol. 2014, no. 2014, pp.1-8.
https://search.emarefa.net/detail/BIM-1048732
Modern Language Association (MLA)
Bianca, Carlo& Guerrini, Luca. Existence of Limit Cycles in the Solow Model with Delayed-Logistic Population Growth. The Scientific World Journal No. 2014 (2014), pp.1-8.
https://search.emarefa.net/detail/BIM-1048732
American Medical Association (AMA)
Bianca, Carlo& Guerrini, Luca. Existence of Limit Cycles in the Solow Model with Delayed-Logistic Population Growth. The Scientific World Journal. 2014. Vol. 2014, no. 2014, pp.1-8.
https://search.emarefa.net/detail/BIM-1048732
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-1048732