Monday, June 23, 2014

Squartini and Garlaschelli, Jan Tinbergen's legacy for economic networks: from the gravity model to quantum statistics (2013)

Backgrounds

  • Jan Tinbergen was a Dutch economist
  • His gravity model is standard for international/geographical economics
  • GDP works as "mass" factor in economic gravity model 
  • He also gave a foundation for Robert Mundell's policy mix theory
  • Squartini and Garlaschelli (authors) try to justify and analyze Tinbergen's view based on quantum entropy of international trade

References

  • http://arxiv.org/abs/1304.3252

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