《Unified Growth Theory Contradicted by the Economic Growth in Asia》
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作者:
Ron W Nielsen
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最新提交年份:
2016
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英文摘要:
Historical economic growth in Asia (excluding Japan) is analysed. It is shown that Unified Growth Theory is contradicted by the data, which were used (but not analysed) during the formulation of this theory. Unified Growth Theory does not explain the mechanism of economic growth. It explains the mechanism of Malthusian stagnation, which did not exist and it explains the mechanism of the transition from stagnation to growth that did not happen. The data show that the economic growth in Asia was never stagnant but hyperbolic. The alleged dramatic takeoff around 1900 or around any other time did not happen. However, the theory contains also a dangerous and strongly-misleading concept that after a long epoch of stagnation we have now entered the epoch of sustained economic growth, the concept creating the sense of security. The opposite is true. After the epoch of sustained and secure economic growth we have now entered the epoch of a fast-increasing and insecure economic growth.
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中文摘要:
分析了亚洲(不包括日本)的历史经济增长。结果表明,统一增长理论与该理论形成过程中使用(但未分析)的数据相矛盾。统一增长理论不能解释经济增长的机制。它解释了马尔萨斯停滞的机制,而马尔萨斯停滞并不存在,它还解释了从停滞到增长的过渡机制,而这种过渡并没有发生。数据显示,亚洲的经济增长从未停滞,而是双曲线增长。据称在1900年左右或任何其他时间发生的戏剧性起飞没有发生。然而,该理论还包含一个危险且具有强烈误导性的概念,即在经历了长期停滞之后,我们现在已经进入了持续经济增长的时代,这个概念创造了安全感。事实恰恰相反。在经历了持续和安全的经济增长之后,我们现在已经进入了快速增长和不安全的经济增长时代。
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分类信息:
一级分类:Quantitative Finance 数量金融学
二级分类:General Finance 一般财务
分类描述:Development of general quantitative methodologies with applications in finance
通用定量方法的发展及其在金融中的应用
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一级分类:Quantitative Finance 数量金融学
二级分类:Economics 经济学
分类描述:q-fin.EC is an alias for econ.GN. Economics, including micro and macro economics, international economics, theory of the firm, labor economics, and other economic topics outside finance
q-fin.ec是econ.gn的别名。经济学,包括微观和宏观经济学、国际经济学、企业理论、劳动经济学和其他金融以外的经济专题
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