An alternative graphical modeling for economics: Econographicology

Ruiz Estrada, Mario Arturo

doi:10.1007/s11135-015-0280-3

Cited by 145 publications

(5 citation statements)

References 15 publications

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“…The final step is to evaluate two possible scenarios. The pre-Brexit and post-Brexit final effects results are based on the graphical representation of TIFTEL-Index, which is a multi-dimensional coordinate system based on Mega Time-Space Continuum Coordinate System [see Ruiz (2017)]. The mega-space disk network is a multidimensional group of mega-spaces within time-space continuum coordinate system.…”

Section: The International Financial-trade Exchange Leaking Index (Tiftel-index)mentioning

confidence: 99%

The economic Gordian Knot of Brexit: an East and Southeast Asian perspective

Arturo

Koutronas

Park³

2019

Qual Quant

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The objective of this paper is to establish conceptual foundations of analyzing the economic dimensions of Brexit. The International Financial-Trade Exchange Leaking Index (TIFTEL-Index) attempts to analyze and compare pre-Brexit versus post-Brexit international trade and international financial transactions between East and Southeast Asia and Europe. TIFTEL-index is based on three main variables, namely (1) international trade exchange marginal rate (∆Τ′), ( 2) international financial exchange marginal rate (∆σ′), and (3) GDP in real prices growth marginal rate (∆γ). Simulation findings indicate that Brexit will have only a limited negative effect on the world economy. In addition, Brexit will affect East Asia more than Southeast Asia region.

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Section: The International Financial-trade Exchange Leaking Index (Tiftel-index)mentioning

confidence: 99%

The economic Gordian Knot of Brexit: an East and Southeast Asian perspective

Arturo

Koutronas

Park³

2019

Qual Quant

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“…An important value-added of the IPEP-Simulator, in the context of contributing to a more precise understanding of a pandemic, is that it accounts for the uncertainty and behavioural change inherent in new pandemics or consolidation of old pandemics respectively. The simulator does so within the theoretical framework of a Dynamic Imbalanced State (DIS) (Ruiz Estrada and Yap 2013 ) and the Omnia Mobilis assumption (Ruiz Estrada 2011 ). The idea is to move beyond classical economic models–e.g.…”

Section: An Introduction To the Impact Of Pandemics On The Economic P...mentioning

confidence: 99%

The impact of COVID-19 on the economic performance of Wuhan, China (2019–2021)

Estrada

Koutronas

Park³

et al. 2022

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This paper attempts to evaluate the impact of massive infectious and contagious diseases and its final impact on the economic performance anywhere and anytime. We are considering to evaluate the case of Wuhan, China. We are taking in consideration the case of COVID-19 to be evaluated under a domestic, national, and international level impact. In this paper, we also propose a new simulator to evaluate the impact of massive infections and contagious diseases on the economic performance subsequently. This simulator is entitled “The Impact of Pandemics on the Economic Performance Simulator (IPEP-Simulator)” Hence, this simulator tries to show a macro and micro analysis with different possible scenarios simultaneously. Finally, the IPEP-Simulator was applied to the case of Wuhan-China respectively.

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“…According to our students' comments, the advantages in the use of multidimensional graphs in economics are remarkably different. Estrada, 2007;2011). Additionally, we suggest the uses of prototypes to make the visualization of multidimensional graphs easier for our students in class (see Prototype 1).…”

Section: Experiences Teaching Multidimensional Graphs In the Introducmentioning

confidence: 99%

Is It Possible to Apply Multidimensional Graphical Methods in The Teaching and Learning of Economics?

Estrada¹

2013

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This article explores the effectiveness of applying a new multidimensional graphical method to the teaching and learning of economics. In essence, the paper extends the significance of multi-dimensional graphs to study any economic phenomenon from a multidimensional perspective. The paper proposes the introduction of a new set of multidimensional coordinate spaces that should clearly and logically propose the effective visualization of complex and dynamic economic phenomena into the same graphical space and time with which the effectiveness of multidimensional graphs for real practical purposes can be evaluated. From the analyses carried out, which are based on both primary and secondary data sources, the article argues that multidimensional graphs can actually be evaluated to understand the degree of their effectiveness in visualizing economic problems affecting society on different levels. 1. The Evolution of Graphical Methods in Economics Research leading to this paper shows a strong link between the introduction of graphical methods in economics and the development of theories, methods and techniques in statistics and mathematics. In the 18 th century, for example, several new graphical methods were developed as a result of contemporary advances in mathematics and statistics research (Gordon, 1965). These graphical methods include line graphs of time series data (since 1724), curve fitting and interpolation (1760), measurement of error as a deviation from graphed line (1765), graphical analysis of periodic variation (1779), statistical mapping (1782), bar charts (1756) and printed coordinate paper (1794) (Beniger & Robyn, 1978). For the application of graphical methods in economic analysis, we can look to the renowned economists such as William Playfair (2005), Francis Ysidro Edgeworth (1888) and William Stanley Jevons (1862). According to Harro Maas (2005), William Playfair constructed a wonderful collection of plates and graphs at the end of the 18 th century. In his book entitled Commercial and Political Atlas, Playfair focused on the study of trade cycles. This placed him far ahead of other economists at the time in terms of visualizing socioeconomic data. The development of the usage of graphical methods in economics can be classified into two distinct phases.

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An alternative graphical modeling for economics: Econographicology

Cited by 145 publications

References 15 publications

The economic Gordian Knot of Brexit: an East and Southeast Asian perspective

The economic Gordian Knot of Brexit: an East and Southeast Asian perspective

The impact of COVID-19 on the economic performance of Wuhan, China (2019–2021)

Is It Possible to Apply Multidimensional Graphical Methods in The Teaching and Learning of Economics?

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