Measurement of Economic Growth, Development and Under Development: New Model and Application
General Finance
2017-04-18 v1 Economics
Abstract
This paper presents a simple model to measure the relative economic growth of economic systems. The model considers S-Shaped patterns of economic growth that, represented with a linear model, measure how an economic system grows in comparison with another one. In particular, this model introduces an approach which indicates if the economic system has a process of economic growth, development or under development. The application of the model is provided for regions and macro regions of the Italian economic system.
Keywords
Cite
@article{arxiv.1704.05015,
title = {Measurement of Economic Growth, Development and Under Development: New Model and Application},
author = {Mario Coccia},
journal= {arXiv preprint arXiv:1704.05015},
year = {2017}
}
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