کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
979025 933317 2010 12 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Stokes integral of economic growth: Calculus and the Solow model
موضوعات مرتبط
مهندسی و علوم پایه ریاضیات فیزیک ریاضی
پیش نمایش صفحه اول مقاله
Stokes integral of economic growth: Calculus and the Solow model
چکیده انگلیسی

Economic growth depends on capital and labor and two-dimensional calculus has been applied to economic theory. This leads to Riemann and Stokes integrals and to the first and second laws of production and growth. The mathematical structure is the same as in thermodynamics, economic properties may be related to physical terms: capital to energy, production to physical work, GDP per capita to temperature, production function to entropy. This is called econophysics. Production, trade and banking may be compared to motors, heat pumps or refrigerators. The Carnot process of the first law creates two levels in each system: cold and hot in physics; buyer and seller, investor and saver, rich and poor in economics. The efficiency rises with the income difference of rich and poor. The results of econophysics are compared to neoclassical theory.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Physica A: Statistical Mechanics and its Applications - Volume 389, Issue 8, 15 April 2010, Pages 1665–1676
نویسندگان
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