Research article

Dynamical analysis of Kaldor business cycle model with variable depreciation rate of capital stock

  • Received: 01 December 2019 Accepted: 24 March 2020 Published: 30 March 2020
  • MSC : 34A34

  • In this paper, the Kaldor business cycle model with variable depreciation rate of the capital stock are investigate the existence, uniqueness and stability of the positive equilibrium point, and the existence of the periodic solution and Hopf bifurcation respectively. Finally, we analyze the dynamic behaviors of the specific system and perform numerical simulations.

    Citation: Junjie Mao, Xiaowei Liu. Dynamical analysis of Kaldor business cycle model with variable depreciation rate of capital stock[J]. AIMS Mathematics, 2020, 5(4): 3321-3330. doi: 10.3934/math.2020213

    Related Papers:

  • In this paper, the Kaldor business cycle model with variable depreciation rate of the capital stock are investigate the existence, uniqueness and stability of the positive equilibrium point, and the existence of the periodic solution and Hopf bifurcation respectively. Finally, we analyze the dynamic behaviors of the specific system and perform numerical simulations.
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    © 2020 the Author(s), licensee AIMS Press. This is an open access article distributed under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0)
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