A Non-Newtonian Examination of the Theory of Exogenous Economic Growth

Mardi | 2010-10-19

Diana-Andrada FILIP – Cyrille PIATECKI – libre

The development of the newtonian calculus has unexpectedly bea look-in in such away that the additive derivative approach ofNewtonand Leibnitz could have been replaced by a multiplicative one,more adapted to growth phenomenon. In this paper, we have triedto present how a non-newtonian calculus could be applied to repostulateand analyse the neoclassical exogenous growth model.