Catastrophe models and the expansion method: A review of issues and an application to the econometric modeling of economic growth
Many negative reactions to Catastrophe Theory have been triggered by overly simplistic applications unintended and unsuited for statistical-econometric estimation, inference, and testing. In this paper it is argued that stochastic catastrophe models constructed using the Expansion Method hold the mo...
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| Format: | Article |
| Language: | English |
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Hindawi Limited
1997-01-01
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| Series: | Discrete Dynamics in Nature and Society |
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| Online Access: | http://dx.doi.org/10.1155/S1026022697000204 |