{"title":"Temporal Dynamics of Countries' Journey to Cluster-Specific GDP per Capita: A Comprehensive Survival Study","authors":"Diego Vallarino","doi":"10.58567/rea03010001","DOIUrl":"https://doi.org/10.58567/rea03010001","url":null,"abstract":"<p class=\"MsoNormal\" style=\"margin-top: 12pt; text-align: justify;\"><span lang=\"EN-US\" style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">This research delves into the temporal dynamics of a nation's pursuit of a targeted GDP per capita level, employing five different survival machine learning models, remarkably Deep Learning algorithm (DeepSurv) and Survival Random Forest. This nuanced perspective moves beyond static evaluations, providing a comprehensive understanding of the developmental processes shaping economic trajectories over time. The economic implications underscore the intricate balance required between calculated risk-taking and strategic vulnerability mitigation. These findings guide policymakers in formulating resilient economic strategies for sustained development and growth amid the complexities inherent in contemporary economic landscapes.</span></p>","PeriodicalId":500089,"journal":{"name":"Review of Economic Assessment","volume":"219 ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140449726","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}