This paper is the first that provides a comprehensive toolkit for analyzing deterministic,
continuous-time, endogenous growth models with a balanced growth path. Since it is
impossible to analyze the original dynamic system of growing variables, I suggest two
different methods of transforming the model variables in order to derive a stationary system.
The stationary system can then be used to test for the existence and uniqueness of transition
paths and to derive transitional dynamics qualitatively (eg by phase diagram analysis) and …