International Review of Economics

, Volume 55, Issue 3, pp 275–283

On the dynamics of a three-sector growth model

Article

Abstract

Uzawa’s two-sector growth model is extended into a three-sector model, where the labor growth rate is variable and bounded over time. The solution of this economic system is determined, as well as its long-run growth and asymptotic stability are investigated.

Keywords

Three sector growth models Variable population growth rate 

JEL Classification

O41 

Copyright information

© Springer-Verlag 2008

Authors and Affiliations

  1. 1.Department of Historical, Law, Economics and Social SciencesMediterranean University of Reggio CalabriaReggio CalabriaItaly
  2. 2.Department of Mathematics for Economic and Social SciencesUniversity of BolognaBolognaItaly

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