Dynamic Properties of the Solow Model with Bounded Technological Progress and Time-to-Build Technology

Figure 2

(c) The time evolution of the function 𝑘(𝑡) for 𝜏=60 (a); 𝜏≅87 (b); 𝜏=120; (d) attracting limit cycle in the plane 𝑘(𝑡), 𝑘(𝑡−𝜏).

(a)

(b)

(c)

(d)