JOURNAL ARTICLE

Per capita wealth in cities and regions fitted to Pareto, stretched exponential and econophysics Boltzmann–Gibbs distributions.

  • Published In: International Journal of Modern Physics C: Computational Physics & Physical Computation, 2023, v. 34, n. 2. P. 1 1 of 3

  • Database: Academic Search Ultimate 2 of 3

  • Authored By: Sánchez-Espinosa, D. B.; Hernández-Casildo, J.; Hernández-Ramírez, E.; del Castillo-Mussot, M. 3 of 3

Abstract

From the years 2001 to 2017, per capita nominal and real (adjusted to inflation) GDP at purchasing power parity (PCGDP-PPP) distributions for cities and regions are fitted to various functions. For most years and regions, real PCGDP-PPP data are very well adjusted to the one-parameter Boltzmann–Gibbs distribution (BGD), in accordance with the exponential behavior predicted by the simple econophysics analogy between conserved money in economic trade and energy in elastic collisions in gases. Overall, fittings are better for large regions in recent years, which may reflect an increasing economic globalization in time. Cities, small regions and large regions values are well fitted by stretched exponential distributions. [ABSTRACT FROM AUTHOR]

Additional Information

  • Source:International Journal of Modern Physics C: Computational Physics & Physical Computation. 2023/02, Vol. 34, Issue 2, p1
  • Document Type:Article
  • Subject Area:Politics and Government
  • Publication Date:2023
  • ISSN:0129-1831
  • DOI:10.1142/S0129183123500171
  • Accession Number:160902745
  • Copyright Statement:Copyright of International Journal of Modern Physics C: Computational Physics & Physical Computation is the property of World Scientific Publishing Company and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

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