Modelling of natural growth with memory effect in economics: An application of adomian decomposition and variational iteration methods

The power-law memory effect is taken into consideration in a generalisation of the economic model of natural growth. The memory effect refers to a process's reliance on its current state and its history of previous changes. However, the study that focuses on natural growth in economics...

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Bibliographic Details
Main Authors: Muhamad Deni Johansyah, Asep K. Supriatna, Endang Rusyaman, Jumadil Saputra
Format: article
Language:EN
Published: Growing Science 2022
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Online Access:https://doaj.org/article/10e954c29a5c4ac798d63c0c9be690c0
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