arXiv Open Access 2024

Compositional Growth Models

José Moran Massimo Riccaboni

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Abstrak

We review models of compositional growth, which were introduced to explain the growth statistics of various quantities ranging from firm sizes to GDP. In these models, entities are decomposed into units that grow independently. Thus, the growth rate of the entity is the addition of the growth rates of the composing units, with possibly heterogeneous weights. We review such models and show that they can be understood through a unifying theoretical framework, explaining the resulting growth rate distributions using mixtures of Gaussians.

Topik & Kata Kunci

econ.GN physics.soc-ph

Penulis (2)

José Moran

Massimo Riccaboni

Format Sitasi

APA MLA BibTeX

Moran, J., Riccaboni, M. (2024). Compositional Growth Models. https://arxiv.org/abs/2404.07935

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Informasi Jurnal

Tahun Terbit: 2024
Bahasa: en
Sumber Database: arXiv
Akses: Open Access ✓