Model-Based Assessment of Efficiency of Structural Changes of the Russian Economy
- DOI
- 10.2991/aebmr.k.200502.040How to use a DOI?
- Keywords
- labor productivity, efficiency, model, structure of the economy
- Abstract
The article consider the structure of the economy by sectors, studies the dynamics of indicators, characterizing the efficiency of economic development, and assesses, how they were affected by individual sectors and structural changes. To study the influence of the meso-level on the macro-level, models, that relate the parameters of production functions at different levels, are constructed, and calculations for the Russian Federation are carried out. An approach is proposed for determining the optimal structure of the economy under certain restrictions, and calculations for the Russian Federation are carried out. As a result, it was found that, compared with the pre-reform period, the influence of structural changes on the main economic indicators of Russia increased, and moreover structural changes had a positive effect in the 90s and negative in the 2000s, the structure of the economy has become significantly different from the optimal and their divergence is increasing. The efficiency of the Russian economy after growth at the turn of the century was rapidly declining in the 2000s, its growth resumed after the crisis of 2008-2009, but it is held by the negative influence of structural changes.
- Copyright
- © 2020, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - P.V. Druzhinin PY - 2020 DA - 2020/05/05 TI - Model-Based Assessment of Efficiency of Structural Changes of the Russian Economy BT - Proceedings of the 2nd International Scientific and Practical Conference “Modern Management Trends and the Digital Economy: from Regional Development to Global Economic Growth” (MTDE 2020) PB - Atlantis Press SP - 241 EP - 246 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.200502.040 DO - 10.2991/aebmr.k.200502.040 ID - Druzhinin2020 ER -