The Quantitative Assessment of the Cyclical Development in Modern Conditions

The article studies applicability of the resource-oriented approach in assessing the impact of extensive and intensive factors on stable and continuous development of economic systems under cyclic conditions. The quantitative assessment of impact of efficient resource utilization on structural g...

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Main Authors: Dmitriy A. Endovitskiy, Nikolay P. Lyubushin, Nadezhda E.a Babicheva, Tatyana A. Pozhidaeva
Format: Article
Language:English
Published: NGO “Economic Laboratory for Transition Research” (ELIT) 2017-12-01
Series:Montenegrin Journal of Economics
Subjects:
Online Access:http://mnje.com/sites/mnje.com/files/109-119_endovitskiy_et_al.pdf
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author Dmitriy A. Endovitskiy
Nikolay P. Lyubushin
Nadezhda E.a Babicheva
Tatyana A. Pozhidaeva
author_facet Dmitriy A. Endovitskiy
Nikolay P. Lyubushin
Nadezhda E.a Babicheva
Tatyana A. Pozhidaeva
author_sort Dmitriy A. Endovitskiy
collection DOAJ
description The article studies applicability of the resource-oriented approach in assessing the impact of extensive and intensive factors on stable and continuous development of economic systems under cyclic conditions. The quantitative assessment of impact of efficient resource utilization on structural growth rates of the economy dependent on domestic public policy showed that excessive development of financial services makes the economy quite vulnerable to external factors. Results of the research according to the suggested method show that Russian economy has been in crisis since 2006, which matches the downward wave of big economic dynamics cycle described by N. D. Kondratyev
format Article
id doaj-art-e2b77eb63351429c8e1c96d3f48995de
institution DOAJ
issn 1800-5845
1800-6698
language English
publishDate 2017-12-01
publisher NGO “Economic Laboratory for Transition Research” (ELIT)
record_format Article
series Montenegrin Journal of Economics
spelling doaj-art-e2b77eb63351429c8e1c96d3f48995de2025-08-20T02:51:03ZengNGO “Economic Laboratory for Transition Research” (ELIT)Montenegrin Journal of Economics1800-58451800-66982017-12-0113410911910.14254/1800-5845/2017.13-4.9The Quantitative Assessment of the Cyclical Development in Modern ConditionsDmitriy A. Endovitskiy0Nikolay P. Lyubushin1Nadezhda E.a Babicheva2Tatyana A. Pozhidaeva3Voronezh State University, Voronezh, RussiaVoronezh State University, Voronezh, RussiaVoronezh State University, Voronezh, RussiaVoronezh State University, Voronezh, RussiaThe article studies applicability of the resource-oriented approach in assessing the impact of extensive and intensive factors on stable and continuous development of economic systems under cyclic conditions. The quantitative assessment of impact of efficient resource utilization on structural growth rates of the economy dependent on domestic public policy showed that excessive development of financial services makes the economy quite vulnerable to external factors. Results of the research according to the suggested method show that Russian economy has been in crisis since 2006, which matches the downward wave of big economic dynamics cycle described by N. D. Kondratyevhttp://mnje.com/sites/mnje.com/files/109-119_endovitskiy_et_al.pdfquantitative assessmenteconomic systemsustainable developmentthe law of cyclic developmentrussian economy
spellingShingle Dmitriy A. Endovitskiy
Nikolay P. Lyubushin
Nadezhda E.a Babicheva
Tatyana A. Pozhidaeva
The Quantitative Assessment of the Cyclical Development in Modern Conditions
Montenegrin Journal of Economics
quantitative assessment
economic system
sustainable development
the law of cyclic development
russian economy
title The Quantitative Assessment of the Cyclical Development in Modern Conditions
title_full The Quantitative Assessment of the Cyclical Development in Modern Conditions
title_fullStr The Quantitative Assessment of the Cyclical Development in Modern Conditions
title_full_unstemmed The Quantitative Assessment of the Cyclical Development in Modern Conditions
title_short The Quantitative Assessment of the Cyclical Development in Modern Conditions
title_sort quantitative assessment of the cyclical development in modern conditions
topic quantitative assessment
economic system
sustainable development
the law of cyclic development
russian economy
url http://mnje.com/sites/mnje.com/files/109-119_endovitskiy_et_al.pdf
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