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Precise measurement of macroeconomic variables in time domain using three dimensional wave diagrams

Author

Listed:
  • Ledenyov, Dimitri O.
  • Ledenyov, Viktor O.

Abstract

Article considers a research problem on the precise measurement of the macroeconomic variables changes in the time domain in the macroeconomics science. We propose to use the three dimensional (3D) wave diagram in the macroeconomics science for the first time, aiming to accurately characterize and to clearly visualize the GIP(t)/GDP(t)/GNP(t)/PPP(t) dependences changes in the time domain. We explain that the three dimensional (3D) wave diagram in the macroeconomics science has been created, using the theory on the continuous-time waves with the rotating polarization vector in the electrodynamics science. We show that the three dimensional (3D) wave diagram in the macroeconomics science can be used to accurately characterize and finely display the GIP(t), GDP(t), GNP(t), PPP(t) dependences changes in the time domain in the two possible cases: 1) the continuous-time waves of GIP(t), GDP(t), GNP(t), PPP(t) and 2) the discrete-time waves of GIP(t), GDP(t), GNP(t), PPP(t). We conclude that an introduction of the three dimensional (3D) wave diagram in the macroeconomics science can help to solve a challenging research problem on the precise measurement of the macroeconomic variables changes in the time domain.

Suggested Citation

  • Ledenyov, Dimitri O. & Ledenyov, Viktor O., 2016. "Precise measurement of macroeconomic variables in time domain using three dimensional wave diagrams," MPRA Paper 69576, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:69576
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    References listed on IDEAS

    as
    1. Smith, Adam, 2008. "An Inquiry into the Nature and Causes of the Wealth of Nations: A Selected Edition," OUP Catalogue, Oxford University Press, number 9780199535927 edited by Sutherland, Kathryn.
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    More about this item

    Keywords

    three dimensional (3D) wave diagram; dependence of general information product on time GIP(t); dependence of general domestic product on time GDP(t); dependence of general national product on time GDP(t); dependence of purchase power parity on time PPP(t); continuous-time signals; spectrum analysis of continuous-time signals; amplitude / frequency / wavelength / period / phase of continuous-time signal; mixing / harmonics / nonlinearities of continuous-time signals; continuous-time waves with rotating polarization vector; continuous-time signal generators; discrete-time signals; spectrum analysis of discrete-time signals; amplitude / frequency / wavelength / period / phase of discrete-time digital signal; mixing / harmonics / nonlinearities of discrete-time digital signals; Ledenyov discrete-time digital waves; discrete-time digital signals generators; Juglar fixed investment cycle; Kitchin inventory cycle; Kondratieff long wave cycle; Kuznets infrastructural investment cycle; nonlinear dynamic economic system; economy of scale and scope; macroeconomics science; econometrics science; electrodynamics science; econophysics science;
    All these keywords.

    JEL classification:

    • E0 - Macroeconomics and Monetary Economics - - General
    • E01 - Macroeconomics and Monetary Economics - - General - - - Measurement and Data on National Income and Product Accounts and Wealth; Environmental Accounts
    • E17 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Forecasting and Simulation: Models and Applications
    • E20 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - General (includes Measurement and Data)
    • E27 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Forecasting and Simulation: Models and Applications
    • E3 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles
    • E30 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - General (includes Measurement and Data)
    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
    • E37 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Forecasting and Simulation: Models and Applications
    • E50 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - General
    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
    • E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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