Dimensional Analysis in Economics: A Study of the Neoclassical Economic Growth Model

IF 0.4 Q4 ECONOMICS Journal of Interdisciplinary Economics Pub Date : 2018-02-28 DOI:10.1177/0260107919845269
Miguel Álvarez Texocotitla, M. Álvarez-Hérnandez, S. Alvarez-Hernández
{"title":"Dimensional Analysis in Economics: A Study of the Neoclassical Economic Growth Model","authors":"Miguel Álvarez Texocotitla, M. Álvarez-Hérnandez, S. Alvarez-Hernández","doi":"10.1177/0260107919845269","DOIUrl":null,"url":null,"abstract":"The fundamental purpose of the present research article is to introduce the basic principles of dimensional analysis in the context of the neoclassical economic theory, in order to apply such principles to the fundamental relations that underlay most models of economic growth. In particular, basic instruments from dimensional analysis are used to evaluate the analytical consistency of the neoclassical economic growth model. The analysis shows that an adjustment to the model is required in such a way that the principle of dimensional homogeneity is satisfied. JEL: A12, C02, C65, O40","PeriodicalId":42664,"journal":{"name":"Journal of Interdisciplinary Economics","volume":null,"pages":null},"PeriodicalIF":0.4000,"publicationDate":"2018-02-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1177/0260107919845269","citationCount":"10","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Interdisciplinary Economics","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1177/0260107919845269","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q4","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 10

Abstract

The fundamental purpose of the present research article is to introduce the basic principles of dimensional analysis in the context of the neoclassical economic theory, in order to apply such principles to the fundamental relations that underlay most models of economic growth. In particular, basic instruments from dimensional analysis are used to evaluate the analytical consistency of the neoclassical economic growth model. The analysis shows that an adjustment to the model is required in such a way that the principle of dimensional homogeneity is satisfied. JEL: A12, C02, C65, O40
查看原文
分享 分享
微信好友 朋友圈 QQ好友 复制链接
本刊更多论文
经济学的维度分析:新古典经济增长模型研究
本研究文章的根本目的是在新古典经济理论的背景下介绍量纲分析的基本原则,以便将这些原则应用于大多数经济增长模型的基本关系。特别是,从量纲分析的基本工具被用来评估新古典经济增长模型的分析一致性。分析表明,需要对模型进行调整,以满足量纲均匀性原则。Jel: a12, c02, c65, o40
本文章由计算机程序翻译,如有差异,请以英文原文为准。
求助全文
约1分钟内获得全文 去求助
来源期刊
CiteScore
1.40
自引率
0.00%
发文量
14
期刊介绍: The explosion of information and research that has taken place in recent years has had a profound effect upon a variety of existing academic disciplines giving rise to the dissolution of barriers between some, mergers between others, and the creation of entirely new fields of enquiry.
期刊最新文献
Dynamic Evolution Analysis of Cryptocurrency Market: A Network Science Study Green Transitions in Developing Countries: Perspectives on Women’s Political Leadership Can Cryptocurrencies Provide Better Diversification Benefits? Evidence from the Indian Stock Market A Bibliographic Review of Illusion of Knowledge in the Financial Field Assessment and Forecasting of the Military, Economic and Demographic Impact of the Russian–Ukrainian War on the National Economy of Russia
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
×
提示
您的信息不完整,为了账户安全,请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
现在去查看 取消
×
提示
确定
0
微信
客服QQ
Book学术公众号 扫码关注我们
反馈
×
意见反馈
请填写您的意见或建议
请填写您的手机或邮箱
已复制链接
已复制链接
快去分享给好友吧!
我知道了
×
扫码分享
扫码分享
Book学术官方微信
Book学术文献互助
Book学术文献互助群
群 号:481959085
Book学术
文献互助 智能选刊 最新文献 互助须知 联系我们:info@booksci.cn
Book学术提供免费学术资源搜索服务,方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。
Copyright © 2023 Book学术 All rights reserved.
ghs 京公网安备 11010802042870号 京ICP备2023020795号-1