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Regional Economics: Theory and Practice
 

Performance and dynamics parameters of technological progress in agriculture of the Rostov region

Vol. 12, Iss. 28, JULY 2014

Available online: 18 July 2014

Subject Heading: DEVELOPMENT OF AGRICULTURAL SECTOR

JEL Classification: 

Pages: 38-47

Germanova O.E. Southern Federal University, Rostov-on-Don, Krasnodar Krai, Russian Federation
germanovaoe@mail.ru

Rudaya Yu.N. Don State Technical University, Rostov-on-Don, Krasnodar Krai, Russian Federation
juliarudaya@mail.ru

The article presents the dynamics of labor efficiency limit, capital and land, capital intensity and efficiency of technology, marginal rate and elasticity of substitution of production factors, measured by means of reasonable production function. On the basis of the analysis carried out, the authors draw a conclusion on the type of technological advancement and influence of the used factors of production on the economic growth in agriculture of the Rostov region in 2000–2011.

Keywords: production function, ultimate output, parameters, technological advance, type, economic growth

References:

  1. Brown M. Teoriya i izmerenie tekhnicheskogo progressa [The Theory and Measurement of Technological Progress]. Moscow, Statistika Publ., 1971, 208 p.
  2. Germanova O.E., Rudaya Yu.N. Tekhnicheskii progress: ekonomicheskoe soderzhanie, izmerenie i tipy [Technological progress: economic content, measurement and types]. Moscow, Vuzovskaya kniga Publ., 2011, 240 p.
  3. Germanova O.E., Rudaya Yu.N. Dinamika pokazatelei tekhnicheskogo progressa i ego tipy [Dynamics of indicators of technological progress and its types]. TERRA ECONOMICUS. Ekonomicheskii byulleten’ Rostovskogo gosudarstvennogo universiteta – TERRA ECONOMICUS. Economic bulletin of Rostov State University, 2009, vol. 7, no. 4, pp. 31–43.
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  11. Khedi E., Dillon D. Proizvodstvennye funktsii v sel’skom khozyaistve [Production Functions in Agriculture]. Moscow, Progress Publ., 1965, 588 p.

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