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In this paper we study the dynamics of economic growth for 140 countries during the period 1951-2003. The variables representing economic performance are levels and growth rates of per capita GDP. Using the concept of economic regime, we introduce a notion of distance between the dynamical paths...
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"New tools of economic dynamics" gives an introduction and overview of recently developed methods and tools, most of them developed outside economics, to deal with the qualitative analysis of economic dynamics. It reports the results of a three years research project of a European and Latin...
Persistent link: https://www.econbiz.de/10002470498
New Tools of Economic Dynamics gives an introduction and overview of recently developed methods and tools, most of them developed outside economics, to deal with the qualitative analysis of economic dynamics. It reports the results of a three-year research project by a European and Latin...
Persistent link: https://www.econbiz.de/10014014066
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One of the key elements in any standard economic growth theory is that population growth exponentially at a constant rate n gt; 0. This simple model can provide an adequate approximation to such growth only for the initial period because, growing exponentially, population approaches infinity...
Persistent link: https://www.econbiz.de/10012757125
- Breaking the Circular Flow: A Dynamic Programming Approach to Schumpeter -- A Review in Campaigns: Going Positive and Negative -- Comments on Lattice Structures and Deferred Acceptance Algorithm -- Externalities, Optimal Subsidy and Growth -- The Fractal Nature of Bitcoin: Evidence From...
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