In this paper, an urban economic growth model with endogenous infrastructure allocation is given by introducing the two-variable utility function for city＇s inhabitant. A twodimensional dynamical system is obtained b...In this paper, an urban economic growth model with endogenous infrastructure allocation is given by introducing the two-variable utility function for city＇s inhabitant. A twodimensional dynamical system is obtained by solving the utility maximization problem and it is proved that this system has the unique non-zero equilibrium which is a saddle. The model has the unique optimal growth and an optimal rate of infrastructure allocation.展开更多
Based on the Cass-Koopmans Model with endogenous fertility given in the paper [1-4], the fertility dynamics is discussed in this paper. It is proved that the first quadrant of the k,c plane is separated into two parts...Based on the Cass-Koopmans Model with endogenous fertility given in the paper [1-4], the fertility dynamics is discussed in this paper. It is proved that the first quadrant of the k,c plane is separated into two parts by a increasingly differentiable curve. The fertility increases with time on the upper half and decreases with time on the lower half. The fertility decreases along one arm of the economic growth path on which the per capita capital and per consumption increase and increases along the other arm of the economic growth path on which the per capita capital and per person consumption decrease under the condition 0 <θ≤α. This confirms the empirical finds that negative relationship between the economic growth and population growth.展开更多
文摘In this paper, an urban economic growth model with endogenous infrastructure allocation is given by introducing the two-variable utility function for city＇s inhabitant. A twodimensional dynamical system is obtained by solving the utility maximization problem and it is proved that this system has the unique non-zero equilibrium which is a saddle. The model has the unique optimal growth and an optimal rate of infrastructure allocation.
基金Supported by National Natural Science Foundation of China (79970104)
文摘Based on the Cass-Koopmans Model with endogenous fertility given in the paper [1-4], the fertility dynamics is discussed in this paper. It is proved that the first quadrant of the k,c plane is separated into two parts by a increasingly differentiable curve. The fertility increases with time on the upper half and decreases with time on the lower half. The fertility decreases along one arm of the economic growth path on which the per capita capital and per consumption increase and increases along the other arm of the economic growth path on which the per capita capital and per person consumption decrease under the condition 0 <θ≤α. This confirms the empirical finds that negative relationship between the economic growth and population growth.
