Analysis of a growth model inspired by Gompertz and Korf laws, and an analogous birth-death process

We propose a new deterministic growth model which captures certain features of both the Gompertz and Korf laws. We investigate its main properties, with special attention to the correction factor, the relative growth rate, the inflection point, the maximum specific growth rate, the lag time and the threshold crossing problem. Some data analytic examples and their performance are also considered. Furthermore, we study a stochastic counterpart of the proposed model, that is a linear time-inhomogeneous birth-death process whose mean behaves as the deterministic one. We obtain the transition probabilities, the moments and the population ultimate extinction probability for this process. We finally treat the special case of a simple birth process, which better mimics the proposed growth model.