caa a22 4500 463169441 CHVBK 20180406164809.0 cr unu---uuuuu 170326e20071001xx s 000 0 eng 10.1007/s10957-007-9226-9 doi (NATIONALLICENCE)springer-10.1007/s10957-007-9226-9 On the Dynamics of Knowledge-Based Economic Growth [Elektronische Daten] [Y. Tsur, A. Zemel] A geometric approach to characterize the solutions of higher-dimensional dynamic optimization problems is applied to a model of knowledge-based economic growth. The characterization reveals a variety of growth patterns, ranging from sustained growth to stagnation. Growth processes exhibit a turnpike property, reaching as rapidly as possible the path along which human and physical capital are equally productive at the margin and evolving along it thereafter. Some growth processes display overshooting behavior and some are sensitive to threshold capital stocks. Springer Science+Business Media, LLC, 2007 Optimal control nationallicence Economic growth nationallicence Human capital nationallicence Turnpikes nationallicence Bifurcations nationallicence Overshooting nationallicence Tsur Y. Department of Agricultural Economics and Management, Hebrew University of Jerusalem, 76100, Rehovot, Israel aut Zemel A. Department of Solar Energy and Environmental Physics, Jacob Blaustein Institutes for Desert Research, Ben Gurion University of the Negev, Sede Boker, Israel aut Journal of Optimization Theory and Applications Springer US; http://www.springer-ny.com 135/1(2007-10-01), 101-115 0022-3239 135:1<101 2007 135 10957 https://doi.org/10.1007/s10957-007-9226-9 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.1007/s10957-007-9226-9 text/html Onlinezugriff via DOI NATIONALLICENCE 700 1- Tsur Y. Department of Agricultural Economics and Management, Hebrew University of Jerusalem, 76100, Rehovot, Israel aut NATIONALLICENCE 700 1- Zemel A. Department of Solar Energy and Environmental Physics, Jacob Blaustein Institutes for Desert Research, Ben Gurion University of the Negev, Sede Boker, Israel aut NATIONALLICENCE 773 0- Journal of Optimization Theory and Applications Springer US; http://www.springer-ny.com 135/1(2007-10-01), 101-115 0022-3239 135:1<101 2007 135 10957 Metadata rights reserved Springer special CC-BY-NC licence nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-springer