Federici, Daniela; Gandolfo, Giancarlo - In: The Journal of International Trade & Economic Development 11 (2001) 2, pp. 111-142
conclusions are based on simulations: the empirical validity of these models is not tested. In this paper, a continuous time (the … in continuous time with Italian data and examined for the possible presence of chaotic motion. This paper also shows that … the continuous time estimation of economic models built as systems of nonlinear differential equations is a very powerful …