The Law of Growth
Vol. 3 No. 4 (2016), Articles
Vol. 3 No. 4 (2016)

The Law of Growth

Articles
https://doi.org/10.1453/jest.v3i4.1060
Published 2016-12-18
Ron W. NIELSEN
Environmental Futures Research Institute, Gold Coast Campus, Griffith University, Qld,
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Keywords

Growth rate
Mechanism of growth
Models of growth.

How to Cite

NIELSEN, R. W. (2016). The Law of Growth. Journal of Economic and Social Thought, 3(4), 481–489. https://doi.org/10.1453/jest.v3i4.1060
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Abstract

Abstract. A simple law of growth is formulated. It links growth trajectories with the driving force and thus furnished an easy way to study and interpret the mechanisms of growth. The application of this law is illustrated by examples.

Keywords: Growth rate, Mechanism of growth, Models of growth.

JEL. C02, C20, C50, Y80.

https://doi.org/10.1453/jest.v3i4.1060
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References

Gilpin, M.E., & Ayala E.J. (1973). Global models of growth and competition. Proc. Nat. Acad. Sci. USA, 70(12), 3590-3593.

Karev, G.P. & Kareva, I.G. (2014). Replicator Equations and Models of Biological Populations and Communities. Math. Model. Nat. Phenom., 9(3), 68-95. doi. 10.1051/mmnp/20149305

Nielsen, R.W. (2015). Mathematics of Predicting Growth. Turkish Economic Review, 2(4), 222-238.

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This article licensed under Creative Commons Attribution-NonCommercial license (4.0)

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