Fractional state space analysis of economic systems

Detalhes bibliográficos
Autor(a) principal: Machado, J.A. Tenreiro
Data de Publicação: 2015
Outros Autores: Mata, Maria Eugénia, Lopes, António M.
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10362/16131
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 economic 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.RUNMachado, J.A. TenreiroMata, Maria EugéniaLopes, António M.2015-12-29T13:14:53Z2015-072015-07-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10362/16131engMachado, J. A., Mata, M., & Lopes, A. (2015). Fractional State Space Analysis of Economic Systems. Entropy, 17(8), 5402–5421. http://doi.org/10.3390/e170854021099-430010.3390/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:RCAAP2024-03-11T03:52:48Zoai:run.unl.pt:10362/16131Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-20T03:23:01.925259Repositório 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 economic systems
title Fractional state space analysis of economic systems
spellingShingle Fractional state space analysis of economic 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 economic systems
title_full Fractional state space analysis of economic systems
title_fullStr Fractional state space analysis of economic systems
title_full_unstemmed Fractional state space analysis of economic systems
title_sort Fractional state space analysis of economic systems
author Machado, J.A. Tenreiro
author_facet Machado, J.A. Tenreiro
Mata, Maria Eugénia
Lopes, António M.
author_role author
author2 Mata, Maria Eugénia
Lopes, António M.
author2_role author
author
dc.contributor.none.fl_str_mv RUN
dc.contributor.author.fl_str_mv Machado, J.A. Tenreiro
Mata, Maria Eugénia
Lopes, António M.
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 2015-12-29T13:14:53Z
2015-07
2015-07-01T00:00:00Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10362/16131
url http://hdl.handle.net/10362/16131
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv Machado, J. A., Mata, M., & Lopes, A. (2015). Fractional State Space Analysis of Economic Systems. Entropy, 17(8), 5402–5421. http://doi.org/10.3390/e17085402
1099-4300
10.3390/e17085402
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.source.none.fl_str_mv reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron:RCAAP
instname_str Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron_str RCAAP
institution RCAAP
reponame_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
collection Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
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