Fractional State Space Analysis of Economy Systems

Detalhes bibliográficos
Autor(a) principal: Machado, J.A.Tenreiro
Data de Publicação: 2015
Outros Autores: Mata, Maria Eugénia, Lopes, António Mendes
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10400.22/6968
Resumo: 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 among 34 world partners’ modern economic growth and exemplifies the historical waving mechanics of the largest world economy, the USA. MDS reveals two main clusters among the European countries and their old offshore territories, and SSP identifies the Great Depression as a mild challenge to the American global performance, when compared to the Second World War and the 2008 crisis.
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spelling Fractional State Space Analysis of Economy SystemsState space portraitFractional calculusMultidimensional scalingEconomic growthConvergence and divergenceColonizers and offshoresThis 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 among 34 world partners’ modern economic growth and exemplifies the historical waving mechanics of the largest world economy, the USA. MDS reveals two main clusters among the European countries and their old offshore territories, and SSP identifies the Great Depression as a mild challenge to the American global performance, when compared to the Second World War and the 2008 crisis.EntropyRepositório Científico do Instituto Politécnico do PortoMachado, J.A.TenreiroMata, Maria EugéniaLopes, António Mendes2015-11-20T12:49:40Z20152015-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.22/6968eng10.3390/e17085402info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-03-13T12:47:17Zoai:recipp.ipp.pt:10400.22/6968Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T17:27:23.766955Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Fractional State Space Analysis of Economy Systems
title Fractional State Space Analysis of Economy Systems
spellingShingle Fractional State Space Analysis of Economy Systems
Machado, J.A.Tenreiro
State space portrait
Fractional calculus
Multidimensional scaling
Economic growth
Convergence and divergence
Colonizers and offshores
title_short Fractional State Space Analysis of Economy Systems
title_full Fractional State Space Analysis of Economy Systems
title_fullStr Fractional State Space Analysis of Economy Systems
title_full_unstemmed Fractional State Space Analysis of Economy Systems
title_sort Fractional State Space Analysis of Economy Systems
author Machado, J.A.Tenreiro
author_facet Machado, J.A.Tenreiro
Mata, Maria Eugénia
Lopes, António Mendes
author_role author
author2 Mata, Maria Eugénia
Lopes, António Mendes
author2_role author
author
dc.contributor.none.fl_str_mv Repositório Científico do Instituto Politécnico do Porto
dc.contributor.author.fl_str_mv Machado, J.A.Tenreiro
Mata, Maria Eugénia
Lopes, António Mendes
dc.subject.por.fl_str_mv State space portrait
Fractional calculus
Multidimensional scaling
Economic growth
Convergence and divergence
Colonizers and offshores
topic State space portrait
Fractional calculus
Multidimensional scaling
Economic growth
Convergence and divergence
Colonizers and offshores
description 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 among 34 world partners’ modern economic growth and exemplifies the historical waving mechanics of the largest world economy, the USA. MDS reveals two main clusters among the European countries and their old offshore territories, and SSP identifies the Great Depression as a mild challenge to the American global performance, when compared to the Second World War and the 2008 crisis.
publishDate 2015
dc.date.none.fl_str_mv 2015-11-20T12:49:40Z
2015
2015-01-01T00:00:00Z
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dc.identifier.uri.fl_str_mv http://hdl.handle.net/10400.22/6968
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dc.language.iso.fl_str_mv eng
language eng
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dc.publisher.none.fl_str_mv Entropy
publisher.none.fl_str_mv Entropy
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