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The Nonlinear GDP dynamics and basins of behavior: case example Romania - Couverture souple

Purica, Ionut

 
9783659293634: The Nonlinear GDP dynamics and basins of behavior: case example Romania
Couverture souple
ISBN 10 : 3659293636 ISBN 13 : 9783659293634
Editeur : LAP LAMBERT Academic Publishing, 2012

Synopsis

Describing GDP as a superposition of waves, associated to the cyclic behavior of its components and applying an extreme action Lagrange formalism analysis and path integral calculation approach, it is shown that the GDP evolution is done through multiple equilibria and that the long term development cycles are shortened by nowadays short time cyclic processes. The capability to apply physical systems dynamic and the path integral method to the behavior of GDP and its components allows predictions of stable and unstable behavior. It is shown that before the crisis the finance is showing divergent (unstable) behavior that may become an indication of crisis onset. More research is needed on this approach but present results are promising.

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Présentation de l'éditeur

Describing GDP as a superposition of waves, associated to the cyclic behavior of its components and applying an extreme action Lagrange formalism analysis and path integral calculation approach, it is shown that the GDP evolution is done through multiple equilibria and that the long term development cycles are shortened by nowadays short time cyclic processes. The capability to apply physical systems dynamic and the path integral method to the behavior of GDP and its components allows predictions of stable and unstable behavior. It is shown that before the crisis the finance is showing divergent (unstable) behavior that may become an indication of crisis onset. More research is needed on this approach but present results are promising.

Biographie de l'auteur

Dr.Ionut PURICA is a senior researcher in the Romanian Academy National Institute for Economic Research. He had worked in the World Bank, ENEA and ICTP-Trieste, Italy, and RENEL Romania developing nonlinear models for energy systems development and economic decisions. He holds two PhDs: one in energy systems and the other in economics.

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
LAP LAMBERT Academic Publishing
Date d'édition
2012
Langue
anglais
ISBN 10 
3659293636
ISBN 13 
9783659293634
Reliure
Broché
Nombre de pages
140
Coordonnées du fabricant
non disponible
Personne responsable
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