{"title":"Social capital as a public good and an oscillatory behaviour","authors":"Kazuo Nishimura, Makoto Yano","doi":"10.1016/0035-5054(94)90023-X","DOIUrl":null,"url":null,"abstract":"<div><p>In this study, we investigate optimal dynamics in a two-sector model in which the capital good is a public good. We obtain a sufficient condition under which optimal dynamics in fact follows non-linear dynamics, involving period-2 cycles and a tentshaped transition function.</p></div>","PeriodicalId":101136,"journal":{"name":"Ricerche Economiche","volume":"48 3","pages":"Pages 185-193"},"PeriodicalIF":0.0000,"publicationDate":"1994-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/0035-5054(94)90023-X","citationCount":"2","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Ricerche Economiche","FirstCategoryId":"1085","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/003550549490023X","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 2
Abstract
In this study, we investigate optimal dynamics in a two-sector model in which the capital good is a public good. We obtain a sufficient condition under which optimal dynamics in fact follows non-linear dynamics, involving period-2 cycles and a tentshaped transition function.