English

Mathematical Analysis of the Historical Economic Growth

Economics 2016-05-03 v4 General Finance

Abstract

Data describing historical economic growth are analysed. Included in the analysis is the world and regional economic growth. The analysis demonstrates that historical economic growth had a natural tendency to follow hyperbolic distributions. Parameters describing hyperbolic distributions have been determined. A search for takeoffs from stagnation to growth produced negative results. This analysis throws a new light on the interpretation of the mechanism of the historical economic growth and suggests new lines of research.

Keywords

Cite

@article{arxiv.1509.06612,
  title  = {Mathematical Analysis of the Historical Economic Growth},
  author = {Ron W. Nielsen},
  journal= {arXiv preprint arXiv:1509.06612},
  year   = {2016}
}

Comments

23 pages, 23 figures, 1 table, 7150 words. Contains important clarification