👉 Lorenzian refers to a type of mathematical model used in economics, finance, and other fields that describes how an economy's output changes over time. It is named after Pierre Léonard de la Vallée-Poussin (1809-1882), who developed the concept in 1847.
In econometrics, Lorenzian models are often used to analyze and forecast economic growth trajectories. They provide a framework for understanding how different factors influence
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