On Foreign Capital Investment Bifurcations Cover Image

On Foreign Capital Investment Bifurcations
On Foreign Capital Investment Bifurcations

Author(s): Miloslav S. Vošvrda
Subject(s): Economy
Published by: Ekonomický ústav SAV a Prognostický ústav SAV

Summary/Abstract: An economic model of cycles focused on the foreign capital investment phenomenon will be briefly introduced. We consider a system of the first order nonlinear differential equations where a feedback is controlled by a capi-tal/output ratio parameter. The influence of the parameter changes on a macro-economic stability is analyzed. A convergence of this economic system either to stable state, or limit cycle, or chaotic state is demonstrated.

  • Issue Year: 49/2001
  • Issue No: 05
  • Page Range: 910-924
  • Page Count: 14
  • Language: English
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