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This paper provides an overview of methodologies used to analyze inter-regional income inequality, and a critical survey of empirical studies that deal with Russian regions. It discusses implications of the growth theory regarding dynamics of inter-economy income inequality. Methodologies for...
Persistent link: https://www.econbiz.de/10015218951
This paper studies the evolution of the distribution of firms in the ferrous metals industry by efficiency levels. The proposed model takes into account interaction of processes of creation and adoption of technologies and depreciation of assets. It is shown that the model approximates real data...
Persistent link: https://www.econbiz.de/10015221217
We conduct a comprehensive study of macroeconomic modeling methods, new theories of economic growth and the impact of technology and institutions on economic growth, in order to formulate the basic characteristics that are critical for efficient technological and institutional effects modeling....
Persistent link: https://www.econbiz.de/10015229813
It is given an overview of recent studies that use equations of mathematical physics, their analogs and modifications for describing endogenous evolution of technologies. A master equation is proposed that includes, as special cases, a number of known models of Schumpeterian dynamics. A scheme...
Persistent link: https://www.econbiz.de/10015255835
By using the Pontryagin maximum procedure the author has found an optimal dynamic rule for the distribution of labor, investment, and material resources between the sectors of the open three-sector economy according to the maximi-zation criterion of discounted marginal consumption
Persistent link: https://www.econbiz.de/10009366508
The paper provides a framework for analysis of optimal growth enhancing policy in the economy with market and government failures. It develops an endogenous growth model with strategic complementarities between R&D investments of firms and investments in training of households. The model...
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