Please use this identifier to cite or link to this item: http://hdl.handle.net/10995/47756
Title: Switchover Mode of Reproduction and the Problem of Coordination
Authors: Mayevsky, V. I.
Issue Date: 2015
Publisher: Уральский федеральный университет
Citation: Mayevsky V. I. Switchover Mode of Reproduction and the Problem of Coordination / V. I. Mayevsky // R-Economy. — 2015. — Vol. 1, Iss. 1. — P. 3-10.
Abstract: The proposed version of macroeconomic theory of capital reproduction is related to thethesis that the dynamics of the economy are caused by the change in generations of capital and there is a problem of coordination between these generations. This paper discusses the so-called “switchover mode of reproduction”. As shown by the mathematical model, a coordinated growth is possible when the social and economic interests are agreed between the labor and the capital, as well as under a monetary policy that stimulates such growth. An uncoordinated growth poses a threat of economic crisis.
Keywords: CAPITAL
CIRCULATION
REPRODUCTION
FIXED CAPITAL
MONEY
DEPRECIATION
SWITCHOVER MODE OF REPRODUCTION
COORDINATION
MODEL
URI: http://hdl.handle.net/10995/47756
RSCI ID: https://elibrary.ru/item.asp?id=29455071
ISSN: 2412-0731
DOI: 10.15826/recon.2015.1.001
metadata.dc.description.sponsorship: This paper was prepared with the financial support from the Russian Science Foundation (Project No. 14-18-02948).
RSCF project card: 14-18-02948
Origin: R-Economy. 2015. Vol. 1. Iss. 1
Appears in Collections:R-Economy

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