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Mathematical Analysis of the Historical Economic Growth

Published 9 Sep 2015 in q-fin.EC and q-fin.GN | (1509.06612v4)

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.

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Authors (1)

  1. Ron W. Nielsen 

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