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Special Features of the World System Long-Term Economic Dynamics: Analysis of the Statistical Data

Author

Listed:
  • Kirilyuk, Igor
  • Malkov, Sergey
  • Malkov, Artemy

Abstract

On the basis of available data analysis of the world economy development in the industrial era is carried out. The countries are grouped according to their economic dynamics. A model describing countries co-evolutional eco-nomic development processes in the framework of the world system is proposed. A conclusion is made about inevitabil-ity of «phase transition» in the world economic dynamics

Suggested Citation

  • Kirilyuk, Igor & Malkov, Sergey & Malkov, Artemy, 2009. "Special Features of the World System Long-Term Economic Dynamics: Analysis of the Statistical Data," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 16(4), pages 34-45.
  • Handle: RePEc:ris:apltrx:0112
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    References listed on IDEAS

    as
    1. Michael Kremer, 1993. "Population Growth and Technological Change: One Million B.C. to 1990," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 108(3), pages 681-716.
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    More about this item

    Keywords

    Macroeconomic dynamics; mathematical simulation; nonlinear regression; co-evolution; hyperbolic growth;
    All these keywords.

    JEL classification:

    • C60 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - General
    • C82 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Macroeconomic Data; Data Access
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General

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