Re:Will China’s Economy Hit a Great Wall?
by nopinsight on Wednesday January 16, 2019 @04:18AM
(#18919343)
The base for an economic growth model does not need to be e and generally would not be the same for different economies. The base for catching up economies is usually higher than developed economies (say 1.2 vs 1.1).
In any case, a simple exponential equation is too simplistic for real economies.
In any case, a simple exponential equation is too simplistic for real economies.