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<p>I show that the periodic and chaotic behavior exhibited by the two-sector Robinson–Solow–Srinivasan model in discrete-time is asymptotically irrelevant. If the discrete time interval is smaller than a critical limit, the qualitative properties of the model are the same as those in the continuous-time model.</p>

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A note on the asymptotic properties of the two-sector Robinson–Solow–Srinivasan model

  • 期刊论文

  • 发表日期：

    2025年3月17日

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  • Edmund Crawley

摘要

I show that the periodic and chaotic behavior exhibited by the two-sector Robinson–Solow–Srinivasan model in discrete-time is asymptotically irrelevant. If the discrete time interval is smaller than a critical limit, the qualitative properties of the model are the same as those in the continuous-time model.