Fractional State Space Analysis of Economic Systems

Fractional State Space Analysis of Economic Systems

This paper examines modern economic growth according to the multidimensional scaling (MDS) method and state space portrait (SSP) analysis. Electing GDP per capita as the main indicator for economic growth and prosperity, the long-run perspective from 1870 to 2010 identifies the main similarities amo...

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Bibliographic Details
Main Authors: J. A. Tenreiro Machado, Maria Eugénia Mata, António M. Lopes
Format: Article
Language:English
Published: MDPI AG 2015-07-01
Series:Entropy
Subjects:
state space portrait
fractional calculus
multidimensional scaling
economic growth
convergence and divergence
colonizers and offshores
Online Access:http://www.mdpi.com/1099-4300/17/8/5402

Internet

http://www.mdpi.com/1099-4300/17/8/5402

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