Please use this identifier to cite or link to this item: http://hdl.handle.net/10995/102201
Full metadata record
DC FieldValueLanguage
dc.contributor.authorTarasyev, A. M.en
dc.contributor.authorUsova, A. A.en
dc.contributor.authorShmotina, Yu. V.en
dc.date.accessioned2021-08-31T15:02:27Z-
dc.date.available2021-08-31T15:02:27Z-
dc.date.issued2014-
dc.identifier.citationTarasyev A. M. Projection of the Russian economic development in the framework of the optimal control model by investments in fixed assets / A. M. Tarasyev, A. A. Usova, Yu. V. Shmotina. — DOI 10.17059/2014-3-26 // Economy of Region. — 2014. — Iss. 3. — P. 265-273.en
dc.identifier.issn20726414-
dc.identifier.otherFinal2
dc.identifier.otherAll Open Access, Bronze, Green3
dc.identifier.otherhttps://www.scopus.com/inward/record.uri?eid=2-s2.0-84991571927&doi=10.17059%2f2014-3-26&partnerID=40&md5=cebc0de47f502712ba1e05d252b8f8be
dc.identifier.otherhttps://doi.org/10.17059/2014-3-26m
dc.identifier.urihttp://hdl.handle.net/10995/102201-
dc.description.abstractIn this paper, we develop an economic growth model taking into account two factors of production: fixed capital and labor force, to study the dynamics of GDP growth. The dependence of the output of these factors is described by a production function of the exponential type. Within the framework of the optimal control theory, the optimization problem for investment levels is being solved to maximize the integral index of consumption. We study the qualitative properties of optimal trajectories as solutions of the Hamiltonian systems arising in Pontryagin's maximum principle. The sensitivity analysis of the equilibrium solutions of the economic system is implemented with respect to the elasticity coefficients of the production function, the depreciation rate of the capital, and the discount factor, and growth trends are indicated. The econometric analysis of the model parameters is provided basing on real data for the Russian economy. In accordance with the results of the regression analysis, the projection of economic development is constructed in conditions of the applicability of the economic growth model. © Tarasyev A. M., Usova A. A., Shmotina Yu. V. Text. 2014.en
dc.format.mimetypeapplication/pdfen
dc.language.isoenen
dc.publisherInstitute of Economics, Ural Branch of the Russian Academy of Sciencesen
dc.rightsinfo:eu-repo/semantics/openAccessen
dc.sourceEcon. Reg.2
dc.sourceEconomy of Regionen
dc.subjectDYNAMIC MODELS OF ECONOMIC GROWTHen
dc.subjectECONOMIC EQUILIBRIUMen
dc.subjectOPTIMAL CONTROLen
dc.subjectPONTRYAGIN'S MAXIMUM PRINCIPLEen
dc.titleProjection of the Russian economic development in the framework of the optimal control model by investments in fixed assetsen
dc.typeArticleen
dc.typeinfo:eu-repo/semantics/articleen
dc.typeinfo:eu-repo/semantics/publishedVersionen
dc.identifier.doi10.17059/2014-3-26-
dc.identifier.scopus84991571927-
local.contributor.employeeTarasyev, A.M., Institute of Mathematics and Mechanics, Ural Branch of the Russian Academy of Sciences, 16, S. Kovalevskaya str., Yekaterinburg, 620990, Russian Federation, International Institute for Applied Systems Analysis (IIASA), 16, S. Kovalevskaya str., Yekaterinburg, 620990, Russian Federation
local.contributor.employeeUsova, A.A., Institute of Mathematics and Mechanics, Ural Branch of the Russian Academy of Sciences, 16, S. Kovalevskaya str., Yekaterinburg, 620990, Russian Federation
local.contributor.employeeShmotina, Yu.V., Institute of Mathematics and Computer Science, Ural Federal University, 19, Mira str., Yekaterinburg, 620002, Russian Federation
local.description.firstpage265-
local.description.lastpage273-
local.issue3-
local.contributor.departmentInstitute of Mathematics and Mechanics, Ural Branch of the Russian Academy of Sciences, 16, S. Kovalevskaya str., Yekaterinburg, 620990, Russian Federation
local.contributor.departmentInternational Institute for Applied Systems Analysis (IIASA), 16, S. Kovalevskaya str., Yekaterinburg, 620990, Russian Federation
local.contributor.departmentInstitute of Mathematics and Computer Science, Ural Federal University, 19, Mira str., Yekaterinburg, 620002, Russian Federation
local.identifier.pure552658-
local.identifier.pure2fdaf7ad-c23b-4f1d-ae98-6685c2cc25fbuuid
local.identifier.eid2-s2.0-84991571927-
Appears in Collections:Научные публикации, проиндексированные в SCOPUS и WoS CC

Files in This Item:
File Description SizeFormat 
2-s2.0-84991571927.pdf539,63 kBAdobe PDFView/Open


Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.