Title of article
An economic growth model with endogenous labor shift under a dual economy Original Research Article
Author/Authors
Donghan Cai، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2008
Pages
6
From page
774
To page
779
Abstract
In this work, an economic growth model with endogenous labor shift under a dual economy is given. It is proved that the model has unique nonzero equilibrium and its solution is globally asymptotically stable, and the aggregate capital growth of the industrial sector and the labor shift appear in eight different patterns at different initial conditions.
Keywords
Two-sector model , Labor force shift , Nonzero equilibrium , Globally asymptotic stability , Dual economy
Journal title
Applied Mathematics Letters
Serial Year
2008
Journal title
Applied Mathematics Letters
Record number
898652
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