Chaos in Lebanese GDP: The Lorenz Attractor Approach

被引:0
|
作者
Verne, Jean-Francois [1 ]
Verne, Carole Doueiry [2 ]
机构
[1] Univ St Joseph Beyrouth, Fac Sci Econ, Beirut, Lebanon
[2] Univ St Joseph Beyrouth, Fac Gest & Management, Beirut, Lebanon
来源
ECONOMICS BULLETIN | 2019年 / 39卷 / 03期
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中图分类号
F [经济];
学科分类号
02 ;
摘要
In this paper we will refer to the chaos theory to analyze the evolution of Lebanese GDP growth rate. We use macroeconomic series as GDP, household consumption expenditure and investment over the period of 1970-2017 to estimate the coefficients of the differential equations of the Lorenz system. We found that the evolution of the Lebanese GDP growth looks like a strange attractor generated by chaotic dynamic.
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页码:1958 / +
页数:11
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