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A continuous-state branching process with immigration having branching mechanism
$\Psi$
and immigration mechanism
$\Phi$
, a CBI
$(\Psi,\Phi)$
process for short, may have either of two different asymptotic regimes, depending on whether
$\int_{0}\frac{\Phi(u)}{|\Psi(u)|}\textrm{d} u<\infty$
or
$\int_{0}\frac{\Phi(u)}{|\Psi(u)|}\textrm{d} u=\infty$
. When
$\int_{0}\frac{\Phi(u)}{|\Psi(u)|}\textrm{d} u<\infty$
, the CBI process has either a limit distribution or a growth rate dictated by the branching dynamics. When
$\scriptstyle\int_{0}\tfrac{\Phi(u)}{|\Psi(u)|}\textrm{d} u=\infty$
, immigration overwhelms branching dynamics. Asymptotics in the latter case are studied via a nonlinear time-dependent renormalization in law. Three regimes of weak convergence are exhibited. Processes with critical branching mechanisms subject to a regular variation assumption are studied. This article proves and extends results stated by M. Pinsky in ‘Limit theorems for continuous state branching processes with immigration’ (Bull. Amer. Math. Soc.78, 1972).
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