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Akademický článek

'Very strong' turnpike effect in a non-stationary Gale economy with investments, multilane turnpike and limit technology

Autor: Panek Emil

Publikováno v: Economics and Business Review, Vol 9, Iss 4, Pp 5-24 (2023)

This article presents a multiproduct model of a non-stationary Gale-type economy with technology convergent to a certain limit technology, in which changes in the production technology (the dynamics of Gale production spaces) are governed by the size

Externí odkaz: https://doaj.org/article/1ddcf98848854f5bb6b6515ed2ea4d40

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Akademický článek

The minimal-time growth problem and turnpike effect in the stationary Gale economy

Autor: Panek Emil

Publikováno v: Economics and Business Review, Vol 7, Iss 1, Pp 7-25 (2021)

In mathematical economics there is a number of so called “turnpike theorems” proved mainly on the basis of multiproduct models of economic dynamics. According to these theorems, all optimal paths of economic growth over a long period of time conv

Externí odkaz: https://doaj.org/article/01d4fbb61cbe4c629dc32a06f5473d0c

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Akademický článek

Almost 'very strong' multilane turnpike effect in a non-stationary Gale economy with a temporary von Neumann equilibrium and price constraints

Autor: Panek Emil

Publikováno v: Economics and Business Review, Vol 6, Iss 2, Pp 66-80 (2020)

Mathematical models of economic dynamics and growth are usually expressed in terms of differential equations/inclusions (in the case of continuous time) or difference equations/inclusions (if discrete time is assumed).3 This class of models includes

Externí odkaz: https://doaj.org/article/b4d056dfa2704cfa96f694623d753e00

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Akademický článek

Optimal growth processes in a non-stationary Gale economy with a multilane production turnpike

Autor: Panek Emil

Publikováno v: Economics and Business Review, Vol 5, Iss 2, Pp 3-23 (2019)

The topic of the paper is relevant in the field of optimal growth theory and therefore might be seen as an intellectual underpinning for research and practice in the field of transition economies and sustainable long-time development as well. It refe

Externí odkaz: https://doaj.org/article/61af9dfc189a45168f28f50e7963c34e

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