This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
Bibliography
Basu, K. (2003): Analytical Development Economics: The Less Developed Economy Revisited, M.I.T. Press, Cambridge, Mass.
Cass, D. (1972), On Capital Over-accumulation in the Aggregative Neoclassical Model of Economic Growth: A Complete Characterization, J. Econ. Theory 4, 200–223.
Cass, D. and Majumdar, M. (1979): “Efficient Intertemporal Allocation, Consumption-Value Maximization, and Capital-Value Transversality: A Unified View”, in General Equilibrium, Growth and Trade: Essays in Honor of L. McKenzie (eds. J. Green and J. Scheinkman), Academic Press, pp. 227–273.
Clark, C.W. (1971), Economically Optimal Policies for the Utilization of Biologically Renewable Resources, Math. Biosci. 17, 245–268.
Clark, C.W. (1976), Mathematical Bioeconomics, (New York: John Wiley and Sons).
Dasgupta, P.A. and Heal, G. (1979), Economic Theory and Exhaustible Resources, (Cambridge University Press).
Dasgupta, S. [1998] “Patterns of Trade and Growth Under Increasing Returns: Escape from the Poverty Trap-A Comment”, The Japanese Economic Review, vol. 49, pp. 234–247.
Dechert, W.D. and Nishimura, K. (1983): “A Complete Characterization of Optimal Growth Paths in an Aggregated Model with a Non-Convex Production Function”, Journal of Economic Theory, 31, pp. 332–54.
Dobb, M. (1960), An Essay on Economic Growth and Planning, Routledge, London.
Gale, D. (1967), “On Optimal Development of a Multi Sector Economy”, Review of Economic Studies 34, 1–18.
Koopmans, T.C. (1957): Three Essays on the State of Economic Science, McGraw Hill, New York.
Majumdar, M. (1975), “Some Remarks on Optimal Growth With Intertemporally Dependent Preferences in the Neoclassical Model”, Review of Economic Studies, 42, pp. 147–153.
Majumdar, M. and Mitra, T. (1980), “On Optimal Exploitation of a Renewable Resource in a Non-Convex Environment and the Minimum Safe Standard of Conservation”, Working Paper No. 223, Department of Economics, College of Arts and Sciences, Cornell University, Ithaca, NY 14853.
Majumdar, M. and Mitra, T. (1982), “Intertemporal Allocation with a Non-Convex Technology: The Aggregative Framework”, Journal of Economic Theory, 27, pp. 101–36.
Majumdar, M. and Nermuth, M. (1982), “Dynamic Optimization in Non-Convex Models with Irreversible Investments”, Zeitschrift für Nationalokonomie, 42, pp. 339–362.
Majumdar, M. and Mitra, T. (1983), “Dynamic Optimization with a Non-Convex Technology: The Case of a Linear Objective Function”, Review of Economic Studies, 50, pp. 143–151.
Majumdar, M. (1992), (editor): Decentralization in Infinite Horizon Economies, Westview Press, Boulder.
Majumdar, M. and Peleg, B. (1992) “A Note on Optimal Development in a Multi-sector Non-Convex Economy”, in “Equilibrium and Dynamics: Essays in honor of David Gale” (ed. M. Majumdar), Macmillan, London, pp. 241–246.
Majumdar, M. and Mitra, T. (1995), “Patterns of Trade and Growth under Increasing Returns: Escape from the Poverty Trap”, The Japanese Economic Review, 46, pp. 207–225.
Majumdar, M. Mitra, T. and Nyarko, Y. (1989): “Dynamic Optimization under Uncertainty: Non-Convex Feasible Set”, in Joan Robinson and Modern Economic Theory, MacMillan, London.
Majumdar, M. and Radner, R. [1993]; “When to Switch to a New Technology: Learning About the Learning Curve”, A.T.&T. Bell Laboratories.
Malinvaud, E. (1953), “Capital Accumulation and Efficient Allocation of Resources”, Econometrica 21, 233–268.
Malinvaud, E. (1965), “Croissances Optimales dans un Modele Macroeconomique” in The Econometric Approach to Development Planning (Pontificia Academia Scientiarum, Amsterdam).
Mitra, T. (1992), “On the Existence of a Stationary Optimal Stock for a Multi-Sector Economy with Non-Convex Technology” in “Equilibrium and Dynamics: Essays in honor of David Gale” (ed M. Majumdar), Macmillan, London, pp. 214–240.
Mitra, T. and D. Ray (1984),: “Dynamic Optimization on a Non-Convex Feasible Set: Some General Results” Zeitschrift für Nationalokonomie, 41, pp. 151–75.
Newman, P. (1998), “Allyn Abbott Young (1876–1929)”, in “The New Palgrave: A Dictionary of Economics”, (eds. Eatwell, J., Milgate, M. and Newman, P.) Macmillan, London, 937–39.
Ossella-Durbal, I. [2002] “Growth Effects of Free Trade Under Increasing Returns”, The Japanese Economic Review, vol. 53, pp. 389–406.
Phelps, E.S. (1965): “Second Essay on the Golden Rule of Accumulation”, American Economic Review 55, 783–814.
Ramsey, F. (1928), “A Mathematical Theory of Savings”, Economic Journal 38, 543–549.
Ray, D. (1998), Development Economics, Princeton University Press.
Scitovsky, T. (1954): “Two Concepts of External Economies”, Journal of Political Economy, 62, 143–51.
Skiba, A. (1978), “Optimal Growth with a Convex-Concave Production Function”, Econometrica 46, 527–540.
Spence, A.M. (1975), “Blue Whales and Applied Control Theory” in Gottinger, H.W. (ed.), System Approaches and Environmental Problems (Gottingen; Vandenhoeck and Ruprecht).
The World Bank (1993): The East Asian Miracle, Washington, D.C..
Young, A. (1928): “Increasing Returns and Economic Progress”, Economic Journal, 38, pp. 527–42.
Young, A. (1929): “Capital” in The Encyclopedia Britannica, 14th Edition, Enclyopedia Britannica Company, London, p. 796.
Author information
Authors and Affiliations
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2006 Springer Berlin · Heidelberg
About this chapter
Cite this chapter
Majumdar, M. (2006). Intertemporal Allocation with a Non-convex Technology. In: Dana, RA., Le Van, C., Mitra, T., Nishimura, K. (eds) Handbook on Optimal Growth 1. Springer, Berlin, Heidelberg. https://doi.org/10.1007/3-540-32310-4_7
Download citation
DOI: https://doi.org/10.1007/3-540-32310-4_7
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-540-32308-2
Online ISBN: 978-3-540-32310-5
eBook Packages: Business and EconomicsEconomics and Finance (R0)