Models of production functions for the Russian economy

 pdf (427K)  / List of references

A comparative analysis of the applicability of several variants of the production function models for the analysis of modern Russian economy is presented in a paper. Through regression analysis, the effect of such factors as the oil prices on the world market, the innovation, the hypothesis of constant returns to factors of production is estimated. Calculations were made both for the economy as a whole and for separate industries. It is shown that the models of the economy of Russia as a whole and some of its industries in relation to real data have significant increasing returns to labor. Limits of applicability for the models are discussed.

Keywords: production functions, Cobb–Douglas functions, returns to factors of production, regression analysis, Russia
Citation in English: Kirilyuk I.L. Models of production functions for the Russian economy // Computer Research and Modeling, 2013, vol. 5, no. 2, pp. 293-312
Citation in English: Kirilyuk I.L. Models of production functions for the Russian economy // Computer Research and Modeling, 2013, vol. 5, no. 2, pp. 293-312
DOI: 10.20537/2076-7633-2013-5-2-293-312
According to Crossref, this article is cited by:
  • Елена Басовская, Elena Basovskaya, Леонид Басовский, Leonid Basovskiy. The Impact of Labor Remuneration and the Differentiation of Household Income on Labor Productivity in the Regions of Russia. // Scientific Research and Development. Economics. 2019. — V. 7, no. 4. — P. 15. DOI: 10.12737/article_5d53b2cd2ab7b5.00704502
  • Леонид Басовский, Leonid Basovskiy, Елена Басовская, Elena Basovskaya. The Problem of Labor Productivity Factors in the Regions of Modern Russia. // Scientific Research and Development. Economics. 2019. — V. 7, no. 4. — P. 4. DOI: 10.12737/article_5d53b138453018.29672534
Please note that citation information may be incomplete as it includes data from Crossref cited-by program partners only.
Views (last year): 21. Citations: 65 (RSCI).

Full-text version of the journal is also available on the web site of the scientific electronic library eLIBRARY.RU

The journal is included in the Russian Science Citation Index

The journal is included in the List of Russian peer-reviewed journals publishing the main research results of PhD and doctoral dissertations.

International Interdisciplinary Conference "Mathematics. Computing. Education"

The journal is included in the RSCI

Indexed in Scopus