A Fractional Perspective to the Bond Graph Modelling of World Economies

Detalhes bibliográficos
Autor(a) principal: Machado, J.A.Tenreiro
Data de Publicação: 2015
Outros Autores: Mata, Maria Eugénia
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)
Texto Completo: http://hdl.handle.net/10400.22/6949
Resumo: Inspired in dynamic systems theory and Brewer’s contributions to apply it to economics, this paper establishes a bond graph model. Two main variables, a set of inter-connectivities based on nodes and links (bonds) and a fractional order dynamical perspective, prove to be a good macro-economic representation of countries’ potential performance in nowadays globalization. The estimations based on time series for 50 countries throughout the last 50 decades confirm the accuracy of the model and the importance of scale for economic performance.
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spelling A Fractional Perspective to the Bond Graph Modelling of World EconomiesFractional calculusBond graphsEconomyModellingDynamicsInspired in dynamic systems theory and Brewer’s contributions to apply it to economics, this paper establishes a bond graph model. Two main variables, a set of inter-connectivities based on nodes and links (bonds) and a fractional order dynamical perspective, prove to be a good macro-economic representation of countries’ potential performance in nowadays globalization. The estimations based on time series for 50 countries throughout the last 50 decades confirm the accuracy of the model and the importance of scale for economic performance.SpringerREPOSITÓRIO P.PORTOMachado, J.A.TenreiroMata, Maria Eugénia2015-11-19T16:16:55Z20152015-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.22/6949eng10.1007/s11071-014-1334-0info:eu-repo/semantics/openAccessreponame:Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)instname:FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologiainstacron:RCAAP2025-04-02T03:11:07Zoai:recipp.ipp.pt:10400.22/6949Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireinfo@rcaap.ptopendoar:https://opendoar.ac.uk/repository/71602025-05-29T00:45:29.487835Repositórios Científicos de Acesso Aberto de Portugal (RCAAP) - FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologiafalse
dc.title.none.fl_str_mv A Fractional Perspective to the Bond Graph Modelling of World Economies
title A Fractional Perspective to the Bond Graph Modelling of World Economies
spellingShingle A Fractional Perspective to the Bond Graph Modelling of World Economies
Machado, J.A.Tenreiro
Fractional calculus
Bond graphs
Economy
Modelling
Dynamics
title_short A Fractional Perspective to the Bond Graph Modelling of World Economies
title_full A Fractional Perspective to the Bond Graph Modelling of World Economies
title_fullStr A Fractional Perspective to the Bond Graph Modelling of World Economies
title_full_unstemmed A Fractional Perspective to the Bond Graph Modelling of World Economies
title_sort A Fractional Perspective to the Bond Graph Modelling of World Economies
author Machado, J.A.Tenreiro
author_facet Machado, J.A.Tenreiro
Mata, Maria Eugénia
author_role author
author2 Mata, Maria Eugénia
author2_role author
dc.contributor.none.fl_str_mv REPOSITÓRIO P.PORTO
dc.contributor.author.fl_str_mv Machado, J.A.Tenreiro
Mata, Maria Eugénia
dc.subject.por.fl_str_mv Fractional calculus
Bond graphs
Economy
Modelling
Dynamics
topic Fractional calculus
Bond graphs
Economy
Modelling
Dynamics
description Inspired in dynamic systems theory and Brewer’s contributions to apply it to economics, this paper establishes a bond graph model. Two main variables, a set of inter-connectivities based on nodes and links (bonds) and a fractional order dynamical perspective, prove to be a good macro-economic representation of countries’ potential performance in nowadays globalization. The estimations based on time series for 50 countries throughout the last 50 decades confirm the accuracy of the model and the importance of scale for economic performance.
publishDate 2015
dc.date.none.fl_str_mv 2015-11-19T16:16:55Z
2015
2015-01-01T00:00:00Z
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dc.identifier.uri.fl_str_mv http://hdl.handle.net/10400.22/6949
url http://hdl.handle.net/10400.22/6949
dc.language.iso.fl_str_mv eng
language eng
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