Abstract
In this paper we study the dynamic path controllability of discrete-time nonlinear economic models in state-space form. First we present an algorithmic procedure for testing this property for time-varying linear systems. Secondly we extend this method to general nonlinear models and we show that under generic conditions path controllability around a specific trajectory of the nonlinear system is equivalent to path controllability of the corresponding linearized model. The results are illustrated with two economic examples.
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