Abstract
Abstract. This paper presents a simple model to measure the relative economic growth of economic systems. The model considers S-Shaped patterns of economic growth that, represented with a linear model, measure how an economic system grows in comparison with another one. In particular, this model introduces an approach which indicates if the economic system has a process of economic growth, development or underdevelopment. The application of the model is provided for regions and macro regions of the Italian economic system.
Keywords. Economic growth, Convergence, Economic development, Relative growth, S-shaped pattern.
JEL. C02, F43, O40, O47.
References
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