Metaheuristic Growth Theory

Based on the paper
"The Making of Metaheuristic Growth Theory: Key Ingredients, Math Formulas, and Empirical Tests"

by FU Jun (傅军), Beijing University

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Model Parameters

0.33
0.33
0.34

γ is calculated as 1 - α - β

0.70

Represents quality of governance, markets, and society.

0.50

Closeness to the global knowledge frontier. Higher is better.

Metaheuristic Growth Equation