Research Article

Local and Global Dynamics in a Discrete Time Growth Model with Nonconcave Production Function

Figure 1

Map and its fixed points in the case of strict monotonicity for the following parameter values: ,   ,   ,   ,   ,   . In (b) ;  in (a)   , in (c)   .
536570.fig.001a
(a)
536570.fig.001b
(b)
536570.fig.001c
(c)