Search results for " time series pattern recognition"

Harmonic growth: a new approach to the measurement of countries development

2009

The paper defines harmonic growth as a situation of diffuse well-being associated to an increase of GDP, and proposes a measures of time series similarity between GDP and each one from a set of social and economic indicators of development. Such indexes are then synthesized in order to provide the global degree of harmony in growth inside a country. A first Harmonic Growth Index is based on comparisons between couples of polynomials fitting the series. The second version of the index is obtained from cubic B-splines estimates. With an accurate selection of social indicators, both indexes can also be used to rank countries according to their level of development, offering effective complemen…