Academic literature on the topic 'Endogenous growth (Economics) – Mathematical models'

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Journal articles on the topic "Endogenous growth (Economics) – Mathematical models"

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Gallardo Pérez, Henry de Jesús, and Mawency Vergel Ortega. "Mathematical economics in the explanation of economic growth in economies with endogenous and exogenous technological change." Revista Boletín Redipe 10, no. 5 (May 1, 2021): 101–9. http://dx.doi.org/10.36260/rbr.v10i5.1287.

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Economic growth is a function of the interactions between the different productive factors framed in the economic policy of an economy, in particular, it can be expressed in terms of labour force, productive resources (land, capital) and technology, among others. The present work pretends to approximate a model to explain the economic growth in developing economies, for which a model is proposed that explains this growth in function of the referred factors; then production is proposed in function of capital and work and two models are adjusted, one with exogenous technological change and the other that involves technological change in an endogenous manner. The model is developed with a production function with constant substitution elasticity so that it is applicable to both developed and developing economies, since it is to be expected that in developed economies the substitution elasticity is unitary, which would lead to a Cobb-Douglas-type production function, but it is very probable that in incipient economies the function with constant substitution elasticity better reflects the relationship between production factors and economic growth. The research allows the development of the corresponding mathematical model in each case, the economic and mathematical foundations of each model are presented and validated according to economic theories. The behaviour of variables such as savings, investment, income, consumption, capital and their relationships in each model is analysed.
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Bretschger, Lucas, and Christos Karydas. "Economics of climate change: introducing the Basic Climate Economic (BCE) model." Environment and Development Economics 24, no. 6 (June 28, 2019): 560–82. http://dx.doi.org/10.1017/s1355770x19000184.

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AbstractEnvironmental economics models are often too complex to be communicated in an illustrative manner. For this reason, this paper develops the Basic Climate Economic (BCE) model that features core elements of macroeconomic and climate economic modelling, while allowing for an illustrative examination of the development path. The BCE model incorporates fossil stock depletion, pollution stock accumulation, endogenous growth, and climate-induced capital depreciation. We first use graphical analysis to show the effects of climate change and climate policy on economic development. Intuition for the different model mechanisms, the functional forms, and the effects of different climate policies is provided. We then show the model equations in mathematical terms to derive closed-form solutions and to run model simulations relating to the graphical part. Finally, we compare our setup to other models of climate economics.
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Trimborn, Timo. "On the analysis of endogenous growth models with a balanced growth path." Journal of Mathematical Economics 79 (December 2018): 40–50. http://dx.doi.org/10.1016/j.jmateco.2018.09.003.

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Irmen, Andreas. "A GENERALIZED STEADY-STATE GROWTH THEOREM." Macroeconomic Dynamics 22, no. 4 (June 27, 2016): 779–804. http://dx.doi.org/10.1017/s1365100516000407.

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Is there an economic justification for why technical change is by assumption labor-augmenting in dynamic macroeconomics? The literature on the endogenous choice of capital- and labor-augmenting technical change finds that technical change is purely labor-augmenting in steady state. The present paper shows that this finding is mainly an artifact of the underlying mathematical models. To make this point, Uzawa's steady-state growth theorem is generalized to a neoclassical economy that, besides consumption and capital accumulation, uses current output to create technical progress or to manufacture intermediates. The generalized steady-state growth theorem is shown to encompass four models of endogenous capital- and labor-augmenting technical change and the typical model of the induced innovations literature of the 1960s.
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Brito, Paulo, and Alain Venditti. "Local and global indeterminacy in two-sector models of endogenous growth." Journal of Mathematical Economics 46, no. 5 (September 2010): 893–911. http://dx.doi.org/10.1016/j.jmateco.2010.08.003.

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Dowrick, Steve. "Estimating the impact of government consumption on growth: Growth accounting and endogenous growth models." Empirical Economics 21, no. 1 (March 1996): 163–86. http://dx.doi.org/10.1007/bf01205498.

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Voronov, Y. P. "The Second Split in Economic Science (About 2018 Nobel Memorial Prize in Economic Sciences)." World of new economy 13, no. 1 (December 6, 2019): 77–84. http://dx.doi.org/10.26794/2220-6469-2019-13-1-77-84.

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In this article, I described the results of investigations achieved by two American economists William Nordhaus and Paul Romer. They have been awarded the 2018 Nobel Memorial Prize in Economic Sciences mainly for the introduction of feedbacks in economic and mathematical modelling. Nordhaus “for integrating climate change into long-run macroeconomic analysis” where quantitative model describes the global interplay between the economy and the climate and integrates theories and empirical results from physics, chemistry and economics. Romer “for integrating technological innovations into the long-run macroeconomic analysis” where he shows how knowledge can function as a driver of long-term economic growth. I considered three blocks in the models of W. Nordhaus and P. Romer and the functions of each of them. Also, I discussed the assumptions that underlie their models. The author notes that climate change models are also being built in Russia, but there are no economic blocks in them, models of long-term economic growth with endogenous scientific and technological progress are formed in Russia also, but representatives of natural Sciences do not participate in them. Experience of the laureates shows that providing models of long-run economic development of the country and the world are necessary. The article also highlights P. Romer work on international Charter cities, the sources of world scientific and technological progress.
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Itaya, Jun-ichi. "Can environmental taxation stimulate growth? The role of indeterminacy in endogenous growth models with environmental externalities." Journal of Economic Dynamics and Control 32, no. 4 (April 2008): 1156–80. http://dx.doi.org/10.1016/j.jedc.2007.05.002.

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Putra, Toufiq Agung Pratomo Sugito, and Sugiyanto Sugiyanto. "MACRO-ECONOMIC IMPACT ON STOCK PRICES." Jurnal Riset Akuntansi Kontemporer 13, no. 1 (April 25, 2021): 13–19. http://dx.doi.org/10.23969/jrak.v13i1.3245.

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Macroeconomics is an integral component of economic activity. The goal of this research is to demonstrate the effects of the macro-economic effect on stock returns with a more focused and tailored scope of the financial sector. This research uses a quantitative methodology with mathematical techniques, data used in the period 2001-2018, time series models with Vector Autoregressive (VAR) approaches where the data used are stationary and not co-integrated. The VAR model shows that if there is a parallel interaction between the measured variables, these variables can be considered similarly so that there are no more endogenous and exogenous variables. The findings showed that inflation, exchange rates and interest rates have no significant effect while economic growth had an impact on stock returns in the financial sector on the Indonesian stock exchange in 2001-2018
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Musthofa, Muhammad Wakhid. "Melacak Dampak Perubahan Iklim Terhadap Kondisi Makroekonomi dengan Teori Permainan Dinamis." Jurnal Fourier 7, no. 2 (October 31, 2018): 57–62. http://dx.doi.org/10.14421/fourier.2018.72.57-62.

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Makalah ini membahas tentang model matematika dampak perubahan iklim terhadap kondisi makroekonomi suatu negara. Dengan mengacu pada model pertumbuhan ekonomi endogen pada suatu negara, dengan fungsi output berbentuk fungsi Cobb-Douglas akan diturunkan model matematika yang mendeskripsikan dampak perubahan iklim terhadap kondisi makroekonomi suatu negara. Selanjutnya, akan dikonstruksikan pula fungsi ongkos yang berhubungan dengan model matematika yang telah diturunkan. Mengingat model matematika tersebut masih dalam bentuk sistem persamaan nonlinear, maka diperlukan proses linearisasi untuk menghasilkan model matematika yang linear sehingga memudahkan untuk dianalisis maupun diaplikasikan. [This paper discusses the mathematical model of the impact of climate change on the macroeconomic conditions of a country. By referring to an endogenous economic growth model in a country, with the output function in the form of a Cobb-Douglas function, a mathematical model will be described that describes the effects of climate change on the macroeconomic conditions of a country. Furthermore, it will also construct cost functions related to mathematical models that have been derived. Considering that the mathematical model is still in the form of a nonlinear equation system, a linearisation process is needed to produce a linear mathematical model that makes it easy to analyze and apply.]
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Dissertations / Theses on the topic "Endogenous growth (Economics) – Mathematical models"

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Yin, Xiaopeng 1963. "Endogenous growth, international trade and dynamics." Thesis, McGill University, 2001. http://digitool.Library.McGill.CA:80/R/?func=dbin-jump-full&object_id=37914.

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This PhD. dissertation consists of three essays to fill some gaps in the recent research in international trade and endogenous growth theory. The first essay explores the dynamic effect of interaction of research and development (R&D) activities among countries on endogenous economic growth. It attempts to fill the gap between the current endogenous growth research focused on independent R&D activities and decision-making in the international competition and the interdependent R&D competition in reality. This paper finds that the growth rates, welfare, and investment on R&D in the world do differ between independent R&D activity and interdependent R&D activities among countries. The welfare for each country in the open-loop Nash equilibrium is higher than that of the Markov-perfect Nash equilibrium, and both are lower than that in the cooperative game. The model shows that the ability to commit turns out to make every country better off. The interesting results are that when an increase in the number of countries does increase the growth rate in the open-loop Nash equilibrium, it is very possible to have the negative effect on the growth rate in the Markov-perfect equilibrium. Particularly, the model shows that the tendency of free-ride rises with more countries in the competition. The more general models with durable physical capital, and with the endogenous rate of time preference following Uzawa-Epstein tradition, also prove these conclusions.
The second essay turns to the Samuelson-Diamond overlapping generation paradigm, a finite-horizon overlapping generations model with education proposed by Michel (1993). The focus is shifted to the effect of trade on growth. It turns out that when trade affects the formation of human capital, endogenous growth is possible even in the simplest economy with a single sector and constant returns to scale technologies, which is opposite from Boldrin's (1992) and Jones and Manuelli's (1992) results.
While the existing theory of trade under oligopolistic competition is mostly static in nature, the third essay fills this gap by modeling international trade under oligopoly in a dynamic setting. This essay adopts the dynamics in the model provided by allowing the demand curve to shift over time as a result of "habit formation". It shows that when the importing country is committing to a policy of voluntary import expansions (VIEs), in the certain condition (i.e. k > 1), VIEs can improve the global welfare, the welfare of the importing country, and the profit of both firms. So, in a sense, voluntary import expansion is truly voluntary.
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Yin, Xiaopeng 1963. "The effect of economic integration on endogenous economic growth." Thesis, McGill University, 1995. http://digitool.Library.McGill.CA:80/R/?func=dbin-jump-full&object_id=23435.

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This thesis presents a survey of the development of economic growth theory, including the latest developments in the relationship between international economic integration through international flows of goods and/or knowledge and endogenous economic growth. Based on the following literature review, a new and more reasonable model for the research and development (i.e., the R&D) sector--a sector which is considered the source of long-run growth--is offered in order to develop and improve the framework built by Rivera-Batiz and Rome (1991), i.e. the RBR model. This new model will make the RBR framework more complete and rational. In this new model, it is proved that any form of economic integration will increase the long-run rate of growth, and these results are compared with those of the RBR. Moreover, Devereux and Lapham's efforts to find some dynamic analysis along the transitional path under two different situations: knowledge flows only, and both goods and knowledge flows, are continued in the same model. It is found that when only knowledge is allowed to flow across borders, economic integration generates corner solutions for the production of the R&D sector, while this does not happen when complete goods and knowledge flows exist. However, the real balanced growth rates in these diverse situations are higher than they are in autarky.
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Schmidt, Gordon 1946. "Dynamics of endogenous economic growth theory and related issues : a case study of the "Romer model"." Monash University, Dept. of Economics, 2001. http://arrow.monash.edu.au/hdl/1959.1/8832.

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Jones, Charles I. (Charles Irving). "Time series tests of endogenous growth models." Thesis, Massachusetts Institute of Technology, 1993. http://hdl.handle.net/1721.1/12701.

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Kim, Ji Uk. "Empirical tests of exogenous and endogenous growth models." Connect to resource, 1995. http://rave.ohiolink.edu/etdc/view.cgi?acc%5Fnum=osu1265037914.

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Olters, Jan-Peter. "Endogenous ballot decisions and "optimal" fluctuations : an economic model of politics." Thesis, McGill University, 2000. http://digitool.Library.McGill.CA:80/R/?func=dbin-jump-full&object_id=36785.

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Elections---often to a considerable degree---influence the fiscal policies pursued by governments installed on the basis of their results. Nonetheless, government behaviour is typically modelled exogenously, usually by means of a benevolent, permanently installed "social planner." However, since fiscal policies, devised by democratically elected governments, complement the decentralised pricing system, which---as shown by Samuelson (1954)---is incapable of optimally allocating both private and public goods, the social-planner approach is viewed as being an unsatisfactory tool for the purpose of describing the political aspects of economic decisions.
In the absence of a "first-best," Pareto-optimal tax system, fiscal policies are implemented as a result of inter-household "conflicts" over tax rates and public spending. In order to be able to overcome the theoretical difficulties encountered in previous contributions to the Economic Theory of Politics, this text will propose a model that explicitly depicts---"democratically aggregated"---political decisions made on the level of every individual.
In this thesis, it will be shown that (i) a country's overall budget can be derived endogenously without relying on the theoretical shortcut of interpersonal preference aggregation, (ii) electoral fluctuations be explained on the basis of the changes to the individuals' particular income and wealth situations, (iii) political behaviour be described in terms of votes and abstentions as well as party membership and ideology, and (iv) the crucial importance of a country's wealth distribution be discussed in the context of economic stability and the role of government.
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黃少軍 and Shaojun Huang. "Service sector development, structural change, and economic growth: international experriences and implicationsfor China." Thesis, The University of Hong Kong (Pokfulam, Hong Kong), 2001. http://hub.hku.hk/bib/B31241815.

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Siegel, Paul B. "The relationship between changing economic structure and performance: diversification, diversity, growth, stability, and distribution impacts." Diss., Virginia Tech, 1992. http://hdl.handle.net/10919/40017.

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Iwai, Nobuyuki. "Economic models of developing countries in the global ecnomy." The Ohio State University, 2003. http://rave.ohiolink.edu/etdc/view?acc_num=osu1063840190.

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Plaigin, Charles. "Neighborhood and Economic spillovers: four essays on the role of culture, institutions and geography." Doctoral thesis, Universite Libre de Bruxelles, 2012. http://hdl.handle.net/2013/ULB-DIPOT:oai:dipot.ulb.ac.be:2013/209693.

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The dissertation suggests that geographical, institutional, religious and cultural links may be determinants of growth. We address a number of issues in this thesis. The starting point is naturally a study on growth, while the main focus is on the analysis of inequalities between countries with respect to their environment, and also on inequalities within countries.

The very first step of the study, presented in Chapter one, is to build such non-physical relations between countries. In this chapter, we present both the choices and methods used to model the institutional and cultural weights matrices. Chapter 1 also presents a comparative study between the different matrices built. The final aim of this chapter is to identify the differences between the geographical, institutional and cultural environment.

The following chapter incorporates these innovative new types of matrices in a study on growth. An externality growth model is therefore developed that takes proximities between entities into account, whether geographical, institutional or cultural. The purpose of the chapter is threefold. First, it compares the results obtained from spatial econometrics methods with classical regression, where observations of growth are considered as independent. Second, it examines whether the development of an externality model improves the quality of the estimation. Third, it investigates whether the institutional and cultural types of proximity make sense compared to the geographical one.

Chapter 3 narrows the analysis of countries’ dependency with regard to their neighborhood, whether geographical, institutional or religious, and a quintile regression approach allows us to check whether the countries' wealth level matters. Do the poorest countries react in the same way as richer ones regarding the wealth of their geographical, institutional and religious neighbors? The gross impact of neighboring wealth on a country’s wealth is then estimated, and some relative effects of the three matrices combined are also shown, as well as the robustness of the estimates.

Finally, Chapter 4 analyzes the dependence of poverty regarding neighborhood. The relative wealth and poverty of the neighborhood are examined as factors that can influence a country’s poverty level. The poverty index used is the proportion of people living on less than one or two dollars a day. The study only considers the developing countries as data for the developed countries on the proportion of this variable is near zero. Once again, the final aim is to check whether a country’s poverty is exacerbated by its geographical, institutional and religious neighborhood poverty or if it takes advantage of neighborhood wealth to manage its own poverty issues.


Doctorat en Sciences économiques et de gestion
info:eu-repo/semantics/nonPublished

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Books on the topic "Endogenous growth (Economics) – Mathematical models"

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Rivera-Batiz, Luis A. Economic integration and endogenous growth. Cambridge, MA: National Bureau of Economic Research, 1990.

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Bardhan, Pranab K. Endogenous growth theory in a vintage capital model. 2nd ed. Lima: Escuela de Administración de Negocios para Graduados, 1996.

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Golosov, Mikhail. Efficiency with endogenous population growth. [Minneapolis, MN]: Federal Reserve Bank of Minneapolis, Research Dept., 2004.

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Golosov, Mikhail. Efficiency with endogenous population growth. Cambridge, MA: National Bureau of Economic Research, 2004.

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Golosov, Mikhail. Efficiency with endogenous population growth. Cambridge, Mass: National Bureau of Economic Research, 2004.

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Krishna, Kala. Unbalanced growth. Cambridge, MA: National Bureau of Economic Research, 2004.

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Alan, Manning. Instrumental variables for binary treatments with heterogeneous treatment effects: A simple exposition. London: Centre for Economic Performance, London School of Economics and Political Science, 2004.

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Sala-i-Martin, Xavier. Lecture notes on economic growth (II): Five prototype models of endogenous growth. Cambridge, MA: National Bureau of Economic Research, 1990.

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Kelly, Morgan. Human capital in exogenous and endogenous growth. Dublin: University College Dublin, Department of Economics, 1996.

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Tornell, Aaron. Economic growth and decline with endogenous property rights. Cambridge, MA: National Bureau of Economic Research, 1993.

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Book chapters on the topic "Endogenous growth (Economics) – Mathematical models"

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Novales, Alfonso, Esther Fernández, and Jesús Ruiz. "Endogenous Growth Models." In Springer Texts in Business and Economics, 267–317. Berlin, Heidelberg: Springer Berlin Heidelberg, 2014. http://dx.doi.org/10.1007/978-3-642-54950-2_6.

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Novales, Alfonso, Esther Fernández, and Jesús Ruiz. "Additional Endogenous Growth Models." In Springer Texts in Business and Economics, 319–97. Berlin, Heidelberg: Springer Berlin Heidelberg, 2014. http://dx.doi.org/10.1007/978-3-642-54950-2_7.

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Mino, Kazuo. "Indeterminacy in Endogenous Growth Models." In Advances in Japanese Business and Economics, 55–92. Tokyo: Springer Japan, 2017. http://dx.doi.org/10.1007/978-4-431-55609-1_3.

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Gleißner, Winfried. "Growth Models in Comparison." In Mathematical Modelling in Economics, 194–206. Berlin, Heidelberg: Springer Berlin Heidelberg, 1993. http://dx.doi.org/10.1007/978-3-642-78508-5_19.

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Zhang, Wei-Bin. "Regional Growth with Endogenous Time Distribution." In Lecture Notes in Economics and Mathematical Systems, 33–46. Berlin, Heidelberg: Springer Berlin Heidelberg, 2003. http://dx.doi.org/10.1007/978-3-642-18148-1_3.

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Nicola, PierCarlo. "Multisectoral Growth Models." In Mainstream Mathematical Economics in the 20th Century, 325–50. Berlin, Heidelberg: Springer Berlin Heidelberg, 2000. http://dx.doi.org/10.1007/978-3-662-04238-0_23.

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Ranganathan, C. R. "Phase Dependent Population Growth Models." In Lecture Notes in Economics and Mathematical Systems, 134–44. Berlin, Heidelberg: Springer Berlin Heidelberg, 1991. http://dx.doi.org/10.1007/978-3-642-58201-1_12.

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Privileggi, Fabio. "On the Transition Dynamics in Endogenous Recombinant Growth Models." In Nonlinear Dynamics in Economics, Finance and Social Sciences, 251–78. Berlin, Heidelberg: Springer Berlin Heidelberg, 2009. http://dx.doi.org/10.1007/978-3-642-04023-8_14.

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Boucekkine, Raouf, Blanca Martínez, and J. Ramon Ruiz-Tamarit. "Optimal Population Growth as an Endogenous Discounting Problem: The Ramsey Case." In Lecture Notes in Economics and Mathematical Systems, 321–47. Cham: Springer International Publishing, 2018. http://dx.doi.org/10.1007/978-3-319-75169-6_16.

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Baker, Rose. "Software Reliability Growth Models for Discrete and Incomplete Testing." In Lecture Notes in Economics and Mathematical Systems, 257–71. Berlin, Heidelberg: Springer Berlin Heidelberg, 1997. http://dx.doi.org/10.1007/978-3-642-59105-1_19.

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Conference papers on the topic "Endogenous growth (Economics) – Mathematical models"

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Rigatos, G., G. Cuccurullo, P. Siano, T. Ghosh, T. Wang, and M. Rana. "Nonlinear optimal control for economy's endogenous growth models." In INTERNATIONAL CONFERENCE OF NUMERICAL ANALYSIS AND APPLIED MATHEMATICS ICNAAM 2019. AIP Publishing, 2020. http://dx.doi.org/10.1063/5.0026516.

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Klochko, Elena, and Kristina Karpenko. "Mathematical and Analytical Models of the Market of Commercial Real Estate: Monitoring, Analysis and Projected Growth in the Context of Clusterization." In 6th International Conference on Economics, Management, Law and Education (EMLE 2020). Paris, France: Atlantis Press, 2021. http://dx.doi.org/10.2991/aebmr.k.210210.062.

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