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Mathematics of Predicting Growth

Author

Listed:
  • Ron W. NIELSEN

    (Griffith University, Australia.)

Abstract

Mathematical methods of analysis of data andofpredicting growth are discussed. The starting point is the analysis of the growth rates, which can be expressed as a function of time or as a function of the size of the growing entity. Application of these methods is illustrated using the world economic growth but they can be applied to any type of growth.

Suggested Citation

  • Ron W. NIELSEN, 2015. "Mathematics of Predicting Growth," Turkish Economic Review, KSP Journals, vol. 2(4), pages 222-238, December.
    • Handle: RePEc:ksp:journ2:v:2:y:2015:i:4:p:222-238
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    References listed on IDEAS

    as
    1. Oded Galor & Omer Moav, 2002. "Natural Selection and the Origin of Economic Growth," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 117(4), pages 1133-1191.
    2. Oded Galor, 2005. "The Demographic Transition and the Emergence of Sustained Economic Growth," Journal of the European Economic Association, MIT Press, vol. 3(2-3), pages 494-504, 04/05.
    3. John Komlos & Marc Artzrouni, "undated". ""Population Growth through History and the Escape from the Malthusian Trap: A Homeostatic Simulation Model," Articles by John Komlos 34, Department of Economics, University of Munich.
    4. Galor, Oded, 2007. "Multiple growth regimes - Insights from unified growth theory," Journal of Macroeconomics, Elsevier, vol. 29(3), pages 470-475, September.
    5. Artzrouni, Marc & Komlos, John, 1985. "Population Growth Through History and the Escape from the Malthusian Trap," Munich Reprints in Economics 3428, University of Munich, Department of Economics.
    6. Johansen, Anders & Sornette, Didier, 2001. "Finite-time singularity in the dynamics of the world population, economic and financial indices," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 294(3), pages 465-502.
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    Cited by:

    1. repec:ksp:journ3:v:1:y:2015:i:4:p:242-255 is not listed on IDEAS
    2. Ron W. NIELSEN, 2015. "The Insecure Future of the World Economic Growth," Journal of Economic and Social Thought, KSP Journals, vol. 2(4), pages 242-255, December.
    3. Ron W. NIELSEN, 2016. "Mathematical Analysis of Income Per Capita in the United Kingdom," Turkish Economic Review, KSP Journals, vol. 3(4), pages 551-561, December.
    4. Ron W Nielsen, 2015. "The Insecure Future of the World Economic Growth," Papers 1510.07928, arXiv.org, revised Nov 2015.

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    More about this item

    Keywords

    Growth rate; Differential equations; Gross Domestic Product; Economic growth.;
    All these keywords.

    JEL classification:

    • C01 - Mathematical and Quantitative Methods - - General - - - Econometrics
    • C20 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - General
    • C50 - Mathematical and Quantitative Methods - - Econometric Modeling - - - General
    • C53 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Forecasting and Prediction Models; Simulation Methods
    • C60 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - General
    • C65 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Miscellaneous Mathematical Tools
    • C80 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - General

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