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This article explores the possibility of visualizing the Phillips curve from a multidimensional perspective. We use a new multidimensional coordinate space, the mega-dynamic disks multivariable random coordinate space in vertical position, which visualizes the graphical behavior of the Phillips...
Persistent link: https://www.econbiz.de/10011659906
This research paper presents four alternative experimental models for monitoring economic failures. These models include the national production function (NP-Function), the multi-level trade creation and trade diversion analytical framework, the mega-economic structures vulnerability analysis...
Persistent link: https://www.econbiz.de/10011480611
This article explores the effectiveness of applying a new multidimensional graphical method to the teaching and learning of economics. In essence, the paper extends the significance of multi-dimensional graphs to study any economic phenomenon from a multidimensional perspective. The paper...
Persistent link: https://www.econbiz.de/10010436013
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...
Persistent link: https://www.econbiz.de/10010436061
Theories of regional integration typically analyze the regional integration process from the perspective of a single discipline, usually economics. However, such one-dimensional analytical frameworks cannot fully capture the richness and complexity of the inherently multi-dimensional regional...
Persistent link: https://www.econbiz.de/10010507484
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This paper introduces an alternative index to measure the external sector from a different focus. The indicator, called the “external sector development index” (SXi), is a new analytical tool for studying the external sector behaviour of any country or region. The SXi has four objectives....
Persistent link: https://www.econbiz.de/10013128888
This paper will present a new definition and classification about policy modeling. Additionally, this paper proposes a new index is entitled “The Policy Modeling Research Consistency Index (PMC) Index.” There are four basic phases in the implementation of PMC-Index. The first phase is the...
Persistent link: https://www.econbiz.de/10013137283
This paper is interested to introduce an alternative free trade area model to promote fast economic growth at the least developed countries (LDC's). This new model of free trade area is called “The Nano-Free Trade Territory (NFTT) Model”. The idea is to generate jobs and indirect...
Persistent link: https://www.econbiz.de/10013138113