Interaction Specifics Between Main Factors Of Grp Production (Russian Federation, Northern Russia)

Baranov, Sergey

doi:10.15405/epsbs.2021.05.336

Knowledge, Man and Civilization - Proceedings of International Scientific Congress «Knowledge, Man and Civilization» (ISCKMC 20

2021

DOI: 10.15405/epsbs.2021.05.336

|View full text |Cite

Interaction Specifics Between Main Factors Of Grp Production (Russian Federation, Northern Russia)

Sergey Baranov¹

Abstract: This is an Open Access article distributed under the terms of the Creative Commons Attribution-Noncommercial 4.0 Unported License, permitting all non-commercial use, distribution, and reproduction in any medium, provided the original work is properly cited.

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...

Citation Types

Supporting

Mentioning

Contrasting

Year Published

2023

Publication Types

Select...

Article1

Relationship

Self Cite0

Independent1

Authors

Journals

Cited by 1 publication

References 11 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

Influence of Underutilization of Production Capacities on the Dynamics of Russian GDP: An Assessment on the Basis of Production Functions

Baranov

Skufina

Samarina

2023

JRFM

View full text Add to dashboard Cite

Sustainable development of the state implies a proportional change in the key macroeconomic indicators described by standard models, one of which is the exponential production function (a special case of the Cobb-Douglas function), where the number of employees (labor) and the value of fixed assets (capital) acts as factor inputs, and GDP becomes the output, and output elasticities of production factors are estimated. This function is successfully used to analyze and predict macroeconomic processes in both developed and developing economies. The purpose of the study is to use econometric modeling—applying the exponential Cobb-Douglas production function—to identify the presence or absence of dependencies of production factors (labor, capital, etc.) on the final product output in Russia. The study shows that in Russia, GDP does not significantly depend on fixed assets. The authors hypothesized that this discrepancy is due to underutilization of production capacities and proved that to reveal the real dependence of Russian GDP production on the value of fixed assets it is necessary to adjust the indicators published by Rosstat for utilization of production capacities, which made it possible to fully use the methodological capabilities of production functions for the analysis and forecasting of macroeconomic processes in Russia.

show abstract

Influence of Underutilization of Production Capacities on the Dynamics of Russian GDP: An Assessment on the Basis of Production Functions

Baranov

Skufina

Samarina

2023

JRFM

View full text Add to dashboard Cite

show abstract

scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.

Contact Info

hi@scite.ai

334 Leonard St

Brooklyn, NY 11211

Blog Terms and Conditions API Terms Privacy Policy Contact Cookie Preferences Do Not Sell or Share My Personal Information

Made with 💙 for researchers

Part of the Research Solutions Family.

Interaction Specifics Between Main Factors Of Grp Production (Russian Federation, Northern Russia)

Abstract: This is an Open Access article distributed under the terms of the Creative Commons Attribution-Noncommercial 4.0 Unported License, permitting all non-commercial use, distribution, and reproduction in any medium, provided the original work is properly cited.

Cited by 1 publication

References 11 publications

Influence of Underutilization of Production Capacities on the Dynamics of Russian GDP: An Assessment on the Basis of Production Functions

Influence of Underutilization of Production Capacities on the Dynamics of Russian GDP: An Assessment on the Basis of Production Functions

Contact Info

Product

Resources

About