Research Article

Mathematical Study of the Verhulst and Gompertz Growth Functions and Their Contemporary Applications

Number: 34 July 26, 2021
EN

Mathematical Study of the Verhulst and Gompertz Growth Functions and Their Contemporary Applications

Abstract

This study examines the mathematical characteristics of the logistic, the generalized logistic and the Gompertz growth function used in human population analysis. When a population growth is mathematically modeled, it starts with differential equations considered as a preliminary study. Then, a general solution equation is derived. This is the method followed by the mathematicians who developed these models. To prepare for the study, I used the framework of the objectives and adhered to the resources and approaches outlined by mathematicians who developed the growth function. In addition, I wanted to evaluate the methodologies that remain valid in contemporary applications using the current perspectives. Mathematician and actuary Benjamin Gompertz developed the first survivors’ function in 1825 which was used later as a population growth function while systematizing life tables. In his three published articles, the mathematician Pierre-François Verhulst developed a logistic human population growth function based on his economic analysis. In addition, he searched for test opportunities using the limited population statistics of France, Belgium, England, the USA, and Russia. Contemporary authors Richards and, ‘Ricketts and Head’ made very invaluable contributions to logistic growth function.

Keywords

Project Number

Yok

References

  1. Allen R.G.D. (1938). Mathematical Analysis for Economists. 1969 reprint. London. Macmillan and Co. Ltd.
  2. Fekedulegn, D., Mac Siurtain, M. P., & Colbert, J. J. (1999). Parameter Estimation of Nonlinear Growth Models in Forestry.” Silva Fennica, 33(4). 327–336.
  3. Gompertz, B. (1825). On the Nature of the Function Expressive of the Law of Human Mortality, and on a New Mode of Determining the Value of Life Contingencies (Chapter I and II). Philosophical Transactions of the Royal Society of London, Vol. 115, 513–583. http://www.jstor.org/stable/107756.
  4. Gray, P. (1857). On Mr. Gompertz's Method for the Adjustment of Tables of Mortality. The Assurance Magazine, and Journal of the Institute of Actuaries 7(3): 121–130. https://www.jstor.org/stable/41134787.
  5. Heinen, M. (1999). Analytical Growth Equations and Their Genstat 5 Equivalents. Netherlands Journal of Agricultural Science, 47, 67–89. http://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.694.6993&rep=rep1&type=pdf
  6. İskender, C. (2018). Türkiye Nüfus Büyümesi ve Tahminleri: Matematiksel Büyüme Modelleri ve İstatistiksel Analiz ile Kuramsal ve Uygulamalı Bir Yaklaşım. Istanbul University, Econometrics and Statistics e-Journal, 14(28), 75-141. Retrieved from https://dergipark.org.tr/tr/pub/iuekois/issue/39224
  7. İskender, C. (2019). Türkiye 2014-2016 Hayat Tablolarında Doğrusal-olmayan Büyüme Fonksiyonları Uygulaması. Ekoist: Journal of Econometrics and Statistics, 14(29),151-168. Retrieved from https://dergipark.org.tr/tr/pub/ekoist/issue/47194
  8. King, G. (1902). Text Book of The Principles of Interest, Life Annuities, and Assurances, and Their Practical Application Part II. London: Charles & Edwin Layton, 56, Farringdon Street. E.G.

Details

Primary Language

English

Subjects

-

Journal Section

Research Article

Publication Date

July 26, 2021

Submission Date

February 8, 2021

Acceptance Date

May 5, 2021

Published in Issue

Year 2021 Number: 34

APA
İskender, C. (2021). Mathematical Study of the Verhulst and Gompertz Growth Functions and Their Contemporary Applications. EKOIST Journal of Econometrics and Statistics, 34, 73-102. https://izlik.org/JA66YX25RR
AMA
1.İskender C. Mathematical Study of the Verhulst and Gompertz Growth Functions and Their Contemporary Applications. EKOIST Journal of Econometrics and Statistics. 2021;(34):73-102. https://izlik.org/JA66YX25RR
Chicago
İskender, Cemil. 2021. “Mathematical Study of the Verhulst and Gompertz Growth Functions and Their Contemporary Applications”. EKOIST Journal of Econometrics and Statistics, nos. 34: 73-102. https://izlik.org/JA66YX25RR.
EndNote
İskender C (July 1, 2021) Mathematical Study of the Verhulst and Gompertz Growth Functions and Their Contemporary Applications. EKOIST Journal of Econometrics and Statistics 34 73–102.
IEEE
[1]C. İskender, “Mathematical Study of the Verhulst and Gompertz Growth Functions and Their Contemporary Applications”, EKOIST Journal of Econometrics and Statistics, no. 34, pp. 73–102, July 2021, [Online]. Available: https://izlik.org/JA66YX25RR
ISNAD
İskender, Cemil. “Mathematical Study of the Verhulst and Gompertz Growth Functions and Their Contemporary Applications”. EKOIST Journal of Econometrics and Statistics. 34 (July 1, 2021): 73-102. https://izlik.org/JA66YX25RR.
JAMA
1.İskender C. Mathematical Study of the Verhulst and Gompertz Growth Functions and Their Contemporary Applications. EKOIST Journal of Econometrics and Statistics. 2021;:73–102.
MLA
İskender, Cemil. “Mathematical Study of the Verhulst and Gompertz Growth Functions and Their Contemporary Applications”. EKOIST Journal of Econometrics and Statistics, no. 34, July 2021, pp. 73-102, https://izlik.org/JA66YX25RR.
Vancouver
1.Cemil İskender. Mathematical Study of the Verhulst and Gompertz Growth Functions and Their Contemporary Applications. EKOIST Journal of Econometrics and Statistics [Internet]. 2021 Jul. 1;(34):73-102. Available from: https://izlik.org/JA66YX25RR