We present an analytical approach to the problem of the multiphoton absorption and Rabi oscillations in an armchair graphene nanoribbon (AGNR) in the presence of a time-oscillating strong electric field induced by a light wave directed parallel to the ribbon axis. The two-dimensional Dirac equation for the massless electron subject to the ribbon confinement is employed. In the resonant approximation the electron-hole pair production rate, associated with the electron transitions between the valence and conduction size-quantized subbands, the corresponding multiphoton absorption coefficient and the frequency of the Rabi oscillations are obtained in an explicit form. We trace the dependencies of the above quantities on the ribbon width and electric field strength for both the multiphoton assisted and tunneling regimes relevant to the time-oscillating and practically constant electric field, respectively. A significant enhancement effect of the oscillating character of the electric field on the intersubband transitions is encountered. Our analytical results are in qualitative agreement with those obtained for the graphene layer by numerical methods. Estimates of the expected experimental values for the typically employed AGNR and laser parameters show that both the Rabi oscillations and multiphoton absorption are accessible in the laboratory. The data relevant to the intersubband tunneling makes the AGNR a 1D condensed matter analog in which the quantum electrodynamic vacuum decay can be detected by applying an external laboratory electric field.
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