SEARCH
 

Search

 

Результаты поиска 1 - 6 из 6
Начало | Пред. | 1 | След. | Конец


System problems of economic growth in modern Russia

Duzhinski R.R. National Louis University, College of Arts and Sciences, Chicago, Illinois, USA ( ramzia@aol.com )

Toroptsev E.L. North Caucasian Federal University, Stavropol, Russian Federation ( eltoroptsev@yandex.ru )

Marakhovskii A.S. North Caucasian Federal University, Stavropol, Russian Federation ( marahov@yandex.ru )

Journal: Economic Analysis: Theory and Practice, #2, 2017

Importance The paper addresses problems of economic dynamics and economic growth, which were built up on an extended horizon of development of the USSR and Russia. It substantiates the task of modeling the dynamic properties of economic systems from the standpoint of utilizing the ‘input-output’ methodology.
Objectives The study aims to formulate the outcomes of and the strategy behind the developments in the Russian economy over the past three decades.
Methods We used the methodology of socio-historical and socio-economic analyses to establish both the causes and consequences of predominantly extensive growth of domestic economy and the current structure of the gross domestic product.
Results The paper defines negative factors that can paralyze any efforts addressing structural reforms, and negate modernization plans. These factors include financial resource scarcity, corruption, and human capital erosion. We identify ways to overcome the impact of the adverse factors.
Conclusions and Relevance We propose a mathematical-statistical field to solve global problems of economy restructuring and modernization using the ‘input-output’ methodology. It provides a balanced trajectory of the analyzed systems' development. The paper demonstrates a possibility of optimal control over economy development based on the analysis of its dynamic properties.


Static stability and dynamic properties of macroeconomic systems

Duszynski R.R. National Louis University, College of Arts and Sciences, Chicago, Illinois, USA ( ramzia@aol.com )

Toroptsev E.L. North-Caucasian Federal University, Stavropol, Russian Federation ( eltoroptsev@yandex.ru )

Marakhovskii A.S. North-Caucasian Federal University, Stavropol, Russian Federation ( marahov@yandex.ru )

Journal: Regional Economics: Theory and Practice, #6, 2016

Importance The paper studies the problems of organization of research of the sustainability of economic systems by analyzing their dynamic properties and investigating the potential of improvement of economic and mathematical modeling of such research.
Objectives The study aims to formulate strategic ways to improve economic and mathematical modeling in order to dramatically improve the efficiency of research of economic dynamics of macro-systems based on dynamic input-output models, investigate the possibility of obtaining the base "input-output" tables for the administrative and economic regions, develop a conceptual model of control of the economic sub-motions as well as options for formalized control of the economic dynamics.
Methods For the study, we used the input-output methods, theory of differential equations, methods of linear algebra, and the methods of applied nonlinear programming.
Results The paper proposes a method of direct control of matrix eigenvalues of the dynamic model of interindustry balance, and justifies an algorithm to measure the degree of economic growth.
Conclusions and Relevance We conclude that in modern Russia, management of dynamics and economic growth, as well as changing its structure are possible only on the basis of Keynesian methodology. The study's results are intended to be used by individuals and entities that make economic decisions both at the regional and country levels.


Equilibrium and input-output modeling of economic system stability

Duszynski R.R. National Louis University, College of Arts and Sciences, Chicago, Illinois, USA ( ramzia@aol.com )

Toroptsev E.L. North-Caucasus Federal University, Stavropol, Russian Federation ( eltoroptsev@yandex.ru )

Marakhovskii A.S. Sole Proprietor, Stavropol, Russian Federation ( marahov@yandex.ru )

Journal: Economic Analysis: Theory and Practice, #8, 2018

Importance The article presents the problem of structural stability of economic systems and its modeling. A possible solution is a complex of economic equilibrium and dynamic input-output models.
Objectives The study aims to analyze factors that are difficult-to-modeling in general, and are unmanageable while investigating problems of economic stability, in particular; develop methods to increase the validity, efficiency and practical value of equilibrium models' application for mapping various options of economic policy, its results and prospects, justify the feasibility of modeling the problems of sustainability, economic and welfare growth on the basis of a complex of computable general equilibrium models and dynamic input-output models.
Methods The article presents an analysis of two methodologies for economic systems modeling from the perspective of their integration into a complex.
Results General equilibrium models have tangible limits of applicability that are outlined by provisions of the neoclassical economic theory. They function in smoothly running and stable economies and can reproduce the fine-tuning options for such systems. The results of input-output modeling may determine the practical usefulness of agent modeling or throw discredit upon its adequacy.
Conclusions The results of equilibrium and input-output modeling complement and modify each other. A complex of two models enables to solve structural problems of economy, stability and quality of transitional processes; to develop scenarios of economic policy and assess the efficiency of its implementation.


Integration of information and analytical opportunities of equilibrium and dynamic input-output models

Duszynski R.R. National Louis University, College of Arts and Sciences, Chicago, Illinois, USA ( ramzia@aol.com )

Toroptsev E.L. North-Caucasus Federal University, Stavropol, Russian Federation ( eltoroptsev@yandex.ru )

Marakhovskii A.S. Individual Entrepreneur, Stavropol, Russian Federation ( marahov@yandex.ru )

Journal: Economic Analysis: Theory and Practice, #4, 2018

Importance The article considers the prospect of creating model complexes based on computable models of economic equilibrium and dynamic models of the input-output balance.
Objectives The aim is to increase the validity and adequacy of economic dynamics modeling and model-based presentation of results of a specific economic policy; analyze main opportunities, advantages and disadvantages of computable general equilibrium models and dynamic input-output balances to develop a new class of hybrid models combining the advantages of the said two models when solving problems of sustainability, quality of transitional processes and economic growth.
Methods We analyze two methodologies of mathematical modeling of macroeconomics from the perspective of their further integration. The first methodology rests on solutions provided by computational models of general economic equilibrium, the second – on the input-output balance when it is presented as a system of algebraic and differential equations.
Results We reveal the boundaries of applicability of computable general equilibrium models and define necessary and sufficient conditions for adequate use of such modeling in the real economy. The paper shows the need for integration of equilibrium and input-output methodologies for modeling, analysis and management of structural transformations of the economy.
Conclusions The problem of mutual integration of information-analytical capabilities of equilibrium modeling and dynamic input-output balance is formulated for the first time ever. Such a hybridization will enable to develop and implement economic policy and improve the structure of the economy based on the analysis of the influence of investment projects on specific dynamic behavior of economic systems.


Assessment of the impact of investment projects on economic growth

Duszynski R. National Louis University, Chicago, Illinois, USA ( ramzia@aol.com )

Toroptsev E.L. North-Caucasian Federal University, Stavropol, Russian Federation ( eltoroptsev@yandex.ru )

Journal: Regional Economics: Theory and Practice, #14, 2015

Importance The article contains a methodology for formalized evaluation of the quality of investment decisions in macroeconomics from the view point of their impact on the prospects for balanced economic growth.
     Objectives The aim of the article is to develop tools for evaluating investment projects prior to the implementation, on the basis of assumptions about data variation of the underlying input-output tables.
     Methods We used the methodology of input-output and the theory of differential equations and the linear algebra methods. We used a computational approach to assess the effectiveness of investments in terms of their effect on the degree of economic growth. The methodology of analysis of economic systems' dynamic properties, we are developing now, is focused on managing any number of components of the economy, the ultimate purpose of which is to move to a balanced growth of the economy as a whole, and not individual sectors only.
     Results We have reviewed the methodology of system approach, integrating methods of abstraction, analysis, and synthesis both symbolic and verbal. We have studied the works by the leading academic economists, as well as the basic research conditions of the growth and process of formation of national income. In addition, we identified the problem of the management quality.
     Conclusions and Relevance
We propose a new version of the formal evaluation of the quality of investment decisions at the country and regional levels in terms of the impact of these decisions on economic growth. We came to a conclusion that the completeness of the evaluation is in its complexity that includes expert and automated parts. We state that predicting or guessing the future is not so much relevant to Russia, as the production of timely, consistent and diverse impacts on the economy to bring into and retain the economic dynamics in a cone of optimal trajectories (Neumann functions). The results of the research may be useful in economic decision-making at the regional and country levels.


Assessment of the impact of investment projects on economic growth

Duszynski R. National Louis University, Chicago, Illinois, USA ( ramzia@aol.com )

Toroptsev E.L. North-Caucasian Federal University, Stavropol, Russian Federation ( eltoroptsev@yandex.ru )

Journal: Digest Finance, #2, 2015

Importance The article contains a methodology for formalized evaluation of the quality of investment decisions in macroeconomics from the view point of their impact on the prospects for balanced economic growth.
     Objectives The aim of the article is to develop tools for evaluating investment projects prior to the implementation, on the basis of assumptions about data variation of the underlying input-output tables.
     Methods We used the methodology of input-output and the theory of differential equations and the linear algebra methods. We used a computational approach to assess the effectiveness of investments in terms of their effect on the degree of economic growth. The methodology of analysis of economic systems' dynamic properties, we are developing now, is focused on managing any number of components of the economy, the ultimate purpose of which is to move to a balanced growth of the economy as a whole, and not individual sectors only.
     Results We have reviewed the methodology of system approach, integrating methods of abstraction, analysis, and synthesis both symbolic and verbal. We have studied the works by the leading academic economists, as well as the basic research conditions of the growth and process of formation of national income. In addition, we identified the problem of the management quality.
     Conclusions and Relevance
We propose a new version of the formal evaluation of the quality of investment decisions at the country and regional levels in terms of the impact of these decisions on economic growth. We came to a conclusion that the completeness of the evaluation is in its complexity that includes expert and automated parts. We state that predicting or guessing the future is not so much relevant to Russia, as the production of timely, consistent and diverse impacts on the economy to bring into and retain the economic dynamics in a cone of optimal trajectories (Neumann functions). The results of the research may be useful in economic decision-making at the regional and country levels.


Результаты поиска 1 - 6 из 6
Начало | Пред. | 1 | След. | Конец


Отсортировано по релевантности | Сортировать по дате