2017
DOI: 10.1016/j.physa.2017.06.020
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Evidence of Chinese income dynamics and its effects on income scaling law

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Cited by 31 publications
(15 citation statements)
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“…In certain cases when the power law is insufficient to explain the distributions obtained by applying fractal techniques to the system under study, a continuous spectrum of exponents can be used; this approach is known as 'multi-fractal analysis' (Harte, 2001). Another more simple expanded form of the power law dependency describing the distributions of income and wealth in the economy, is developed in a series of studies known as econophysics (Yakovenko and Rosser, 2009;Banerjee and Yakovenko, 2010;Xu et al, 2017).…”
Section: Fractal Theory Advantages and Disadvantagesmentioning
confidence: 99%
“…In certain cases when the power law is insufficient to explain the distributions obtained by applying fractal techniques to the system under study, a continuous spectrum of exponents can be used; this approach is known as 'multi-fractal analysis' (Harte, 2001). Another more simple expanded form of the power law dependency describing the distributions of income and wealth in the economy, is developed in a series of studies known as econophysics (Yakovenko and Rosser, 2009;Banerjee and Yakovenko, 2010;Xu et al, 2017).…”
Section: Fractal Theory Advantages and Disadvantagesmentioning
confidence: 99%
“…When designing a campaign for the Philippines, Thailand, and India, ethnic, religious, cultural, and linguistic The key to a successful marketing strategy is to take these factors into account because it is demanding to address and engage customers correctly, especially if the target customer group comes from completely different social classes, and from other geographic locations with diverse beliefs. It is confirmed by international literature (Kim and Baek 2018;Benda-Prokeinová et al 2017;Lin et al 2017;Musa et al 2017;Xu et al 2017;Grencikova et al 2016;Knapcova and Kucharcikova 2015;Venkatesh et al 2012). The research of Kim et al (2015) demonstrates that socio-demographic characteristics (e.g., gender, age, education, and income) are the main predictors for mobile applications.…”
Section: Methodological Approachmentioning
confidence: 56%
“…In fact, it is known from experimental data on relativistic gases and cosmic rays that the fat tails in their energy distributions have some universal features; it is also known that Pareto tails in income distributions have existed in various epochs and in countries with very different economic systems. (For some very recent data and related analysis see [7].) This suggests that the formation mechanism of the tails is essentially kinematical.…”
Section: Introductionmentioning
confidence: 97%