The following information was submitted:
Transactions: WSEAS TRANSACTIONS ON MATHEMATICS
Transactions ID Number: 42-628
Full Name: Massimiliano Ferrara
Position: Professor
Age: ON
Sex: Male
Address: Dept. SSGES , Via dei Bianchi, 2, 89127 Reggio Calabria
Country: ITALY
Tel: 0039.0965.872830
Tel prefix:
Fax: 0039.0965.872861
E-mail address: massimiliano.ferrara@unirc.it
Other E-mails: prorettorevicario@unistrada.it
Title of the Paper: A Note on Convergence Speed and Population in the AK Model
Authors as they appear in the Paper: Massimiliano Ferrara, Luca Guerrini
Email addresses of all the authors: massimiliano.ferrara@unirc.it, luca.guerrini@unibo.it
Number of paper pages: 10
Abstract: This paper examines the implications of a logistic population growth hypothesis in the AK model with habit formation of Gomez [11]. We first prove that there exists a steady state equilibrium, which is a saddle point with a two dimensional stable manifold. Then, in contrast to Gomez [11], we show that the asymptotic speed of convergence does not necessarily decrease as the value of some parameter increases.
Keywords: Convergence speed, Habit formation, Logistic population, AK model
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