Abstract
We study the dynamics of a growth model formulated in the tradition of Kaldor and Pasinetti where the accumulation of the ratio capital/workers is regulated by a two-dimensional discontinuous map with triangular structure. We determine analytically the border collision bifurcation boundaries of periodicity regions related to attracting cycles, showing that in a two-dimensional parameter plane these regions are organized in the period adding structure. We show that the cascade of flip bifurcations in the base one-dimensional map corresponds for the two-dimensional map to a sequence of pitchfork and flip bifurcations for cycles of even and odd periods, respectively.
Lingua originale | English |
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pagine (da-a) | 262-273 |
Numero di pagine | 12 |
Rivista | Applied Mathematics and Computation |
Volume | 253 |
DOI | |
Stato di pubblicazione | Pubblicato - 2015 |
Keywords
- Border-Collision bifurcations
- Growth model