Why is GDP growth linear?

J\"org D. Becker
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J\"org D. Becker: Institut f\"ur Cybernetische Anthropologie Starnberg

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Abstract: In many European countries the growth of the real GDP per capita has been linear since 1950. An explanation for this linearity is still missing. We propose that in artificial intelligence we may find models for a linear growth of performance. We also discuss possible consequences of the fact that in systems with linear growth the percentage growth goes to zero.

Date: 2015-08
New Economics Papers: this item is included in nep-gro
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