Economic Waves: The Effect of the U.S. Economy on the World Economy

• Autorzy: Mario Arturo Ruiz Estrada
• Języki publikacji: EN

Abstrakty

EN

This paper models the inter-connections between the U.S. economy and five major economic regions in the world, namely, Japan, China, ASEAN, Latin America, and the European Union, using an inter-linkage coordinate space. This space is represented graphically, with the U.S. economy placed in the center and the connected economic regions plotted along rays (axes) that are drawn from the center, each of which can have as many windows as are required at the predetermined perimeter levels. Using this model, this paper evaluates whether and how an economic recession or financial crisis in the U.S. economy can simultaneously affect the five aforementioned economic regions. Finally, this paper proposes the use of computer graphical animation to provide a visual representation of the concomitant effect of these economic waves in the same graphical space. (original abstract)

Słowa kluczowe

EN

World economy; Comparative analysis of economic systems; Assessment of the economy; Computer visualization

PL

Gospodarka światowa; Analiza porównawcza systemów gospodarczych; Ocena gospodarki; Wizualizacja komputerowa

• Czasopismo: Contemporary Economics
• Rocznik: 2014
• Tom: 8
• Numer: nr 3
• Strony: 247--256

Twórcy

autor

Mario Arturo Ruiz Estrada

• University of Malaya, Malaysia

Bibliografia

• Asian Development Bank (2012). General Information and Database Statistics. Available at www.adb.org.
• European Union (2012). General Information and Database Statistics. Available at www.eu.eu.
• Hoyne, H., Miller, D., & Schaller, J. (2012). Who Suffers During Recession? The journal of Economic Perspective, 26 (3), 27-47.
• INTAL-IADB. (2012). General Information and Database Statistics. Available at http://www.iadb.org/en/intal/intal-home,1081.html.
• International Monetary Fund (2008). General Information and Database Statistics. Available at http://www.imf.org.
• Inselberg, A., & Dimsdale, B. (1994). Multidimensional Lines II: Proximity and Applications. SIAM Journal on Applied Mathematics, 54 (2), 578-596.
• Issing, O. (2011). The Crisis of European Monetary Union - Lessons to be Drawn. Journal of Policy Modeling, 33 (5), 737-749.
• National Bureau of Economic Research (2008). Statistics Database. Available at www.nber.org.
• Ruiz Estrada, M. A. & Yap, S. F. (2006). The Openness Growth Monitoring Model (OGM-Model). Journal of Policy Modeling, 28 (3), 235-246.
• Ruiz Estrada, M. A. (2007). Econographicology. International Journal of Economic Research, 4 (1), 75-86.
• Ruiz Estrada, M.A. (2011a). Multidimensional Coordinate Spaces. International Journal of Physical Sciences, 6 (3), 340-357.
• Ruiz Estrada, M.A. (2011b). Policy modelling: Definition, Classification, and Evaluation. Journal of Policy Modeling, 33 (4), 523-536.
• Ruiz Estrada, M. A. (2012). A New Multidimensional Graphical Approach for Mathematics and Physics. Malaysian Journal of Sciences, 31 (2), 175-198.
• Ruiz Estrada, M. A., & Yap, S. F. (2013). The Origins and Evolution of Policy Modeling, , Journal of Policy Modeling, 34 (1), 170-182.
• Ruiz Estrada, M. A., Yap, S. F. & Park, D. (2014). Applying the natural disasters vulnerability evaluation model to the March 2011 north-east Japan earthquake and tsunami. [Special Issue: The 2011 Great East Japan Earthquake] Disasters, 38 (s2): s206-s229.
• Shchepin, E.V. (1976). Topology of limit spaces with uncountable inverse spectra. Uspekhi Matematicheskikh Nauk, 31 (5-191), 191 - 226.
• United Nations (2011). General Information and Database Statistics. Retrieved from: www.un.org.
• World Bank (2011). General Information and Database Statistics. Available at www.worldbank.org.