Per capita wealth in cities and regions fitted to Pareto, stretched exponential and econophysics Boltzmann–Gibbs distributions

Autor:	D. B. Sánchez-Espinosa, J. Hernández-Casildo, E. Hernández-Ramírez, M. del Castillo-Mussot
Rok vydání:	2022
Předmět:	Computational Theory and Mathematics General Physics and Astronomy Statistical and Nonlinear Physics Mathematical Physics Computer Science Applications
Zdroj:	International Journal of Modern Physics C. 34
ISSN:	1793-6586 0129-1831
Popis:	From the years 2001 to 2017, per capita nominal and real (adjusted to inflation) GDP at purchasing power parity (PCGDP-PPP) distributions for cities and regions are fitted to various functions. For most years and regions, real PCGDP-PPP data are very well adjusted to the one-parameter Boltzmann–Gibbs distribution (BGD), in accordance with the exponential behavior predicted by the simple econophysics analogy between conserved money in economic trade and energy in elastic collisions in gases. Overall, fittings are better for large regions in recent years, which may reflect an increasing economic globalization in time. Cities, small regions and large regions values are well fitted by stretched exponential distributions.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::1fe7f85ab198447ad97467b4cda995a5 https://doi.org/10.1142/s0129183123500171 Zobrazit plný text záznamu