Mathematical Analysis of the Historical Economic Growth

2015/09/09 by Ron W. Nielsen, Nielsen, Ron W.
Economics, Econometrics and Finance · #Economic Growth and Productivity #Economic Theory and Institutions #FOS: Economics and business #General Economics (econ.GN) #General Finance (q-fin.GN) #Historical Economic and Social Studies

paper · pdf · doi:10.48550/arxiv.1509.06612

openalex publication_date 2015/09/09 · openalex created_date 2025/10/10 · openalex updated_date 2026/08/01

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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