State Space Models

All state space models are written and estimated in the R programming language. The models are available here with instructions and R procedures for manipulating the models here here.

Friday, March 14, 2025

World-System (1950-2010): The Ukrainian Economy

 

What framework can we use for understanding the Economy of Ukraine: (1) A World-System Perspective, (2) a Neoclassical Economic Growth Perspective, (3) A Classical Economic Perspective (Marx, Malthus, Adam Smith, etc.), (4) A General Systems Perspective? Systems Theory includes all these perspectives but gives the data a chance to identify what gorwth and control components are of primary importance to the Economy.





Notes




You can run the full UAL20 BAU model here and explore the other Error Correcting Controllers (ECC) which have complicated Malthusian elements.