Time fractional capital-induced labor migration model

被引：7
作者：
Balci, Mehmet Ali [1 ]
机构：
[1] Mugla Sitki Kocman Univ, Fac Sci, Dept Math, TR-48000 Kotekli, Mugla, Turkey
来源：
PHYSICA A-STATISTICAL MECHANICS AND ITS APPLICATIONS | 2017年 / 477卷
关键词：
Economical growth model; Fractional calculus; Variational; Iteration Method; Statistical application; HOMOTOPY PERTURBATION METHOD; ADOMIAN DECOMPOSITION METHOD; DIFFERENTIAL-EQUATIONS; NONLINEAR EQUATIONS; NATIONAL ECONOMIES; RANDOM-WALKS; STATE-SPACE; FINANCE; CALCULUS; DIFFUSION;
D O I：
10.1016/j.physa.2017.02.032
中图分类号：
O4 [物理学];
学科分类号：
0702 ;
摘要：
In this study we present a new model of neoclassical economic growth by considering that workers move from regions with lower density of capital to regions with higher density of capital. Since the labor migration and capital flow involves self-similarities in long range time, we use the fractional order derivatives for the time variable. To solve this model we proposed Variational Iteration Method, and studied numerically labor migration flow data from Turkey along with other countries throughout the period of 1966-2014. (C) 2017 Elsevier B.V. All rights reserved.
引用
收藏
页码：91 / 98
页数：8
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