# Measurement of Economic Growth, Development and Under Development: New Model and Application

**Authors:** Mario Coccia  
**arXiv:** [1704.05015](https://arxiv.org/abs/1704.05015)  
**Date:** 2017-04-17  
**Summary page:** https://www.summarizepaper.com/en/paper/1704.05015v1/

## Abstract

This paper presents a simple model to measure the relative economic growth of economic systems. The model considers S-Shaped patterns of economic growth that, represented with a linear model, measure how an economic system grows in comparison with another one. In particular, this model introduces an approach which indicates if the economic system has a process of economic growth, development or under development. The application of the model is provided for regions and macro regions of the Italian economic system.