Three dimensional fractal attractors in a green transition economic growth model
نویسندگان
چکیده
We analyze a two-sector stochastic economic growth model of green transition with pollution externalities and foreign capital. The final good is produced by combining dirty clean inputs, different implications on accumulation. Pollution negatively affects production capabilities can be reduced switching to the input. input using capital received (in form input). Random shocks make effective economy’s ability activities highly uncertain, eventually undermining its development. Such setting gives rise dynamic system represented three dimensional affine iterated function system. show that steady state an invariant measure supported compact set, characterizing fractal nature showing attractor may distorted Sierpi?ski tetrahedron.
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ژورنال
عنوان ژورنال: Communications in Nonlinear Science and Numerical Simulation
سال: 2021
ISSN: ['1878-7274', '1007-5704']
DOI: https://doi.org/10.1016/j.cnsns.2020.105509