+7 925 966 4690, 9am6pm (GMT+3), Monday – Friday
ИД «Финансы и кредит»

JOURNALS

  

FOR AUTHORS

  

SUBSCRIBE

    
Economic Analysis: Theory and Practice
 

Economic analysis of institutional parameters of social and economic systems

Vol. 14, Iss. 36, SEPTEMBER 2015

PDF  Article PDF Version

Received: 30 July 2015

Accepted: 10 August 2015

Available online: 10 October 2015

Subject Heading: ECONOMIC ADVANCEMENT

JEL Classification: 

Pages: 2-11

Maiorova V.V. Voronezh State University, Voronezh, Russian Federation
maiorova-v-585@rambler.ru

Nikitina L.M. Voronezh State University, Voronezh, Russian Federation
lanikitina@yandex.ru

Treshchevskii Yu.I. Voronezh State University, Voronezh, Russian Federation
utreshevski@yandex.ru

Importance Assessing the institutional parameters of social and economic systems is one of the most difficult and debatable problems from the perspective of theory and methodology. In most cases, the institutional component of social and economic systems is assessed intuitively, and as a rule, calculations are rather conventional.
     Objectives The aim of the study is to determine the possibility of quantitative measurement of institutional characteristics of social and economic systems under methods of economic analysis, and to test the methodology on the case of Russian regions.
     Methods We offer a unique option to assess the institutional parameters of social and economic systems. It enables to compare the type of economic behavior from the perspective of hedonism and asceticism. The article presents quantitative characteristics of institutional parameters in the country's regions for 2000-2013 based on the economic analysis.
     Results The findings reveal interrelations between institutional parameters of regions (as model social and economic systems) and the value added per capita.
     Conclusions The analysis demonstrates quantitative indices characterizing the interrelation of the hedonistic and ascetic culture with value production. The type of multiple regression equations show that under modern Russian conditions the ascetic type of economic culture provides for a higher volume of value added per capita in regions.

Keywords: institutional characteristics, economic system, economic culture, asceticism, hedonism

References:

  1. Smith A. Issledovanie o prirode i prichinakh bogatstva narodov. T.1 [An Inquiry into the Nature and Causes of the Wealth of Nations. Vol. 1]. Moscow, Leningrad, Gossotsekgiz Publ., 1931, 436 p.
  2. Keynes J.M. Obshchaya teoriya zanyatosti, protsenta i deneg [The General Theory of Employment, Interest and Money]. Moscow, Gelios ARV Publ., 2002, 352 p.
  3. Fukuyama F. Otstavanie [Falling Behind: Explaining the Development Gap between Latin America and the United States]. Moscow, Astrel' Publ., 2012, 480 p.
  4. Toffler A. Tret'ya volna [The Third Wave]. Moscow, AST Publ., 2010, 795 p.
  5. Brennan G., Buchanan J. Prichina pravil. Konstitutsionnaya politicheskaya ekonomiya [The Reason of Rules: Constitutional Political Economy]. St. Petersburg, The School of Economics Publ., 2005, 272 p.
  6. Baudrillard J., Jaspers K. Prizrak tolpy [The Phantom of the Crowd]. Moscow, Algoritm Publ., 2014, 271 p.
  7. Eucken W. Osnovy natsional'noi ekonomii [Die Grundlagen der Nationalokonomie]. Moscow, Ekonomika Publ., 1996, 351 p.
  8. Sandler T. Ekonomicheskie kontseptsii dlya obshchestvennykh nauk [Economic Concepts for the Social Sciences]. Moscow, Ves' mir Publ., 2006, 376 p.
  9. Hayek F.A. Individualizm i ekonomicheskii poryadok [Individualism and Economic Order]. Moscow, Izograf Publ., 2001, 256 p.
  10. Hayek F.A. Poznanie, konkurentsiya i svoboda [Law, Legislation and Liberty]. St. Petersburg, Pnevma Publ., 2003, 288 p.
  11. Erhard L. Polveka razmyshlenii: rechi i stat'i [Half a century of reflection: presentations and articles]. Moscow, Russiko, Ordynka Publ., 1993, 608 p.
  12. Isaeva E.M., Nikitina L.M., Treshchevskii Yu.I. Ekonomicheskaya dinamika institutsional'nykh podsistem regionov Rossii [The economic dynamics of institutional subsystems of Russian regions]. Sovremennaya ekonomika: problemy i resheniya = Modern Economy: Problems and Solutions, 2013, no. 1, pp. 86–98.
  13. Treshchevskii Yu.I., Isaeva E.M. Region kak institutsional'naya sistema [The region as an institutional system]. Vestnik Voronezhskogo gosudarstvennogo universiteta. Ser.: Ekonomika i upravlenie = Proceedings of Voronezh State University. Series: Economics and Management, 2012, no. 1, pp. 81–87.
  14. Toynbee A.J. Tsivilizatsiya pered sudom istorii [Civilization on Trial]. Moscow, Airin-press Publ., 2003, 592 p.
  15. Galbraith J.K. Ekonomicheskie teorii i tseli obshchestva [Economics and the Public Purpose]. Moscow, Progress Publ., 1979, 407 p.
  16. Rozmainskii I.V. Ekonomicheskaya kul'tura kak faktor i bar'er ekonomicheskogo rosta [Economic culture as a factor and the barrier of economic growth]. Zhurnal institutsional'nykh issledovanii = Journal of Institutional Studies, 2012, vol. 4, no. 4, pp. 22–32.

View all articles of issue

 

ISSN 2311-8725 (Online)
ISSN 2073-039X (Print)

Journal current issue

Vol. 23, Iss. 4
April 2024

Archive