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Generalization of the Aoki-Yoshikawa sectoral productivity model based on extreme physical information principle

This paper presents a continuous variable generalization of the Aoki-Yoshikawa sectoral productivity model. Information theoretical methods from the Frieden-Soffer extreme physical information statistical estimation methodology were used to construct exact solutions. Both approaches coincide in first order approximation. The approach proposed here can be successfully applied in other fields of research.
Year of publication:
2015-04
Authors: Bednarek, Ilona ; Makowski, Marcin ; Piotrowski, Edward W. ; Jan S{\l}adkowski ; Syska, Jacek
Institutions: arXiv.org
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application/pdf
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Type of publication: Book / Working Paper
Notes:
Published in Physica A 428 (2015) 161-172
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Persistent link: https://www.econbiz.de/10011268276
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