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Distribution in the Geometrically Growing System and Its Evolution

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  • Kim Chol-jun

Abstract

Recently, we developed a theory of a geometrically growing system. Here we show that the theory can explain some phenomena of power-law distribution including classical demographic and economic and novel pandemic instances, without introduction of delicate economic models but only on the statistical way. A convexity in the low-size part of the distribution is one peculiarity of the theory, which is absent in the power-law distribution. We found that the distribution of the geometrically growing system could have a trend to flatten in the evolution of the system so that the relative ratio of size within the system increases. The system can act as a reverse machine to covert a diffusion in parametric space to a concentration in the size distribution.

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  • Kim Chol-jun, 2023. "Distribution in the Geometrically Growing System and Its Evolution," Papers 2302.13781, arXiv.org.
    • Handle: RePEc:arx:papers:2302.13781
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    1. Beare, Brendan K & Toda, Alexis Akira, 2020. "On the emergence of a power law in the distribution of COVID-19 cases," University of California at San Diego, Economics Working Paper Series qt9k5027d0, Department of Economics, UC San Diego.
    2. Ioannides, Yannis & Skouras, Spyros, 2013. "US city size distribution: Robustly Pareto, but only in the tail," Journal of Urban Economics, Elsevier, vol. 73(1), pages 18-29.
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