Mathematical Analysis of the Historical Economic Growth with a Search for Takeoffs from Stagnation to Growth

Ron W. Nielsen ()
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Ron W. Nielsen: Griffith University, Australia.

Journal of Economics Library, 2016, vol. 3, issue 1, 1-23

Abstract: Data describing historical economic growth are analysed. Included in the analysis is the world and regional economic growth. The analysis demonstrates that historical economic growth had a natural tendency to follow hyperbolic distributions. Parameters describing hyperbolic distributions have been determined. A search for takeoffs from stagnation to growth produced negative results. This analysis throws a new light on the interpretation of the mechanism of the historical economic growth and suggests new lines of research.

Keywords: Historical economic growth; regimes of growth; stagnation; take offs; Malthusian trap; hyperbolic growth. (search for similar items in EconPapers)
JEL-codes: A10 B15 B16 B22 C29 (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (4)

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