Please use this identifier to cite or link to this item: https://hdl.handle.net/20.500.11851/1616
Title: Hopf bifurcation in an overlapping generations resource economy with endogenous population growth rate
Authors: Fazlıoğlu, Burcu
Sağlam, Hüseyin Çağrı
Yüksel, Mustafa Kerem
192932
Keywords: Endogenous population growth
Hopf bifurcation
Overlapping generations model
Renewable resource
Issue Date: 2016
Publisher: Walter De Gruyter Gmbh
Source: Fazlıoğlu, B., Sağlam, H. Ç., & Yüksel, M. K. (2016). Hopf bifurcation in an overlapping generations resource economy with endogenous population growth rate. Studies in Nonlinear Dynamics & Econometrics, 20(5), 607-621.
Abstract: As scarce environmental resources necessarily put a constraint on population growth, we use more realistic population growth dynamics which contemplates a feedback mechanism between population growth rate and resource availability. We examine the local stability properties in overlapping generations resource economies which takes this feedback mechanism into account. The results indicate that Hopf bifurcation may arise without requiring logistic regeneration or unconventional constraints on parameter values. In particular, Hopf bifurcation is encountered under convex-concave dependence of carrying capacity on the resource availability.
URI: https://doi.org/10.1515/snde-2014-0007
https://hdl.handle.net/20.500.11851/1616
ISSN: 1081-1826
Appears in Collections:Scopus İndeksli Yayınlar Koleksiyonu / Scopus Indexed Publications Collection
Uluslararası Girişimcilik Bölümü / Department of International Entrepreneurship
WoS İndeksli Yayınlar Koleksiyonu / WoS Indexed Publications Collection

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