Bell-Shaped Curve for Productivity Growth: An Explanation

Authors

Olga Kosheleva, The University of Texas at El PasoFollow
Vladik Kreinovich, The University of Texas at El PasoFollow

Publication Date

1-2016

Comments

Technical Report: UTEP-CS-16-04

Abstract

A recent analysis of the productivity growth data shows, somewhat surprisingly, that the dependence of the 20-century productivity growth on time can be reasonably well described by a Gaussian formula. In this paper, we provide a possible theoretical explanation for this observation.