The Relationship between Digital RMB and Digital Economy in China [PDF]
arXiv, 2022 By comparing the historical patterns of currency development, this paper pointed out the inevitability of the development of digital currency and the relationship between digital currency and the digital economy. With the example of China, this paper predicts the future development trend of digital currency.
arxiv
Lockdowns need geographic coordination because of propagation of economic effects through supply chains [PDF]
arXiv, 2021 In order to prevent the spread of COVID-19, governments have often required regional or national lockdowns, which have caused extensive economic stagnation over broad areas as the shock of the lockdowns has diffused to other regions through supply chains.
arxiv
United States FDA drug approvals are persistent and polycyclic: Insights into economic cycles, innovation dynamics, and national policy [PDF]
, 2020 It is challenging to elucidate the effects of changes in external influences (such as economic or policy) on the rate of US drug approvals. Here, a novel approach, termed the Chronological Hurst Exponent (CHE), is proposed, which hypothesizes that changes in the long-range memory latent within the dynamics of time series data may be temporally ...
arxiv +1 more source
Unified Growth Theory Contradicted by the Economic Growth in Asia [PDF]
arXiv, 2015 Historical economic growth in Asia (excluding Japan) is analysed. It is shown that Unified Growth Theory is contradicted by the data, which were used (but not analysed) during the formulation of this theory. Unified Growth Theory does not explain the mechanism of economic growth.
arxiv
Mathematical Analysis of the Historical Economic Growth [PDF]
arXiv, 2015 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.
arxiv
Unified Growth Theory Contradicted by the Economic Growth in the Former USSR [PDF]
arXiv, 2015 Historical economic growth in countries of the former USSR is analysed. It is shown that Unified Growth Theory is contradicted by the data, which were used, but not analysed, during the formulation of this theory. Unified Growth Theory does not explain the mechanism of economic growth.
arxiv
Mathematical analysis of historical income per capita distributions [PDF]
arXiv, 2016 Data describing historical growth of income per capita [Gross Domestic Product per capita (GDP/cap)] for the world economic growth and for the growth in Western Europe, Eastern Europe, Asia, former USSR, Africa and Latin America are analysed. They follow closely the linearly-modulated hyperbolic distributions represented by the ratios of hyperbolic ...
arxiv
The Dynamics of Leverage and the Belief Distribution of Wealth [PDF]
arXiv, 2023 The scale and terms of aggregate borrowing in an economy depend on the manner in which wealth is distributed across potential creditors with heterogeneous beliefs about the future. This distribution evolves over time as uncertainty is resolved, in favour of optimists if loans are repaid in full, and in favour of pessimists if there is widespread ...
arxiv
Explaining the Mechanism of Growth in the Past Two Million Years Vol. I [PDF]
arXiv, 2017 Economic growth and the growth of human population in the past 2,000,000 years are extensively examined. Data are found to be in a clear contradiction of the currently accepted explanations of the mechanism of growth, which revolve around two fundamental but incorrect doctrines: (1) the doctrine of stagnation (inappropriately labelled also as ...
arxiv
Analysis of Regional Cluster Structure By Principal Components Modelling in Russian Federation [PDF]
arXiv, 2020 In this paper it is demonstrated that the application of principal components analysis for regional cluster modelling and analysis is essential in the situations where there is significant multicollinearity among several parameters, especially when the dimensionality of regional data is measured in tens.
arxiv