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Keywords = NONLINEAR MODELS
Number of Articles: 3
Energy Consumption and Economic Growth: a Nonlinear Approach
Volume 15, Issue 44 , October 2010, , Pages 111-133
Abstract
The annual data on economic growth and energy consumption in Iran during the period 1352-1386 is used to study the effect of energy use on the growth of Iranian economy. To that end, a smooth transition regression model is used. The selected model has two regimes and two thresholds. Regime one starts ... Read MoreCATASTROPHE THEORY AND ITS APPLICATION IN ECONOMICS
Volume 4, Issue 12 , October 2002, , Pages 11-28
Abstract
Sudden jumps, qualitative changes and discontinuities are not rare in social and economic phenomena. Catastrophe theory is a proper approach to modeling of dynamical systems that a company faces with sudden jump. Catastrophe theory can be applied in areas such as nonlinear growth models, technical changes, ... Read MoreA REVIEW ON CHAOS AND ITS APPLICATIONS IN ECONOMICS
Volume 4, Issue 12 , October 2002, , Pages 29-68