Annual change of Pareto index dynamically deduced from the law of detailed quasi-balance
Atushi Ishikawa
Papers from arXiv.org
Abstract:
Employing data on the assessed value of land in 1983 -- 2005 Japan, we investigate the dynamical behavior in the high scale region of non-equilibrium systems. From the detailed quasi-balance and Gibrat's law, we derive a relation between the change of Pareto index and a symmetry in the detailed quasi-balance. The relation is confirmed in the empirical data nicely.
Date: 2005-11
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Persistent link: https://EconPapers.repec.org/RePEc:arx:papers:physics/0511220
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