Based on the graph theory and stability theory of dynamical system, this paper studies the stability of the trivial solution of a coupled fractional-order system. Some sufficient conditions are obtained to guarantee the global stability of the trivial solution. Finally, a comparison between fractional-order system and integer-order system ends the paper.
We set up a generalized Solow-Swan model to study the exogenous impact of population, saving rate, technological change, and labor participation rate on economic growth. By introducing generalized exogenous variables into the classical Solow-Swan model, we obtain a nonautomatic differential equation. It is proved that the solution of the differential equation is asymptotically stable if the generalized exogenous variables converge and does not converge when one of the generalized exogenous variables persistently oscillates.
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