Input-output Model of Economic Dynamics with Constant Coefficients of Outlay, Outlet and Share-out of Profits
Abstract
The suggested von Neumann-type model of economic dynamics analyses how the growth rates of Russian economy depend on the world market prices and the exchange rate. The coefficients of outlay, outlet and share-out of profi ts by economic sectors are assumed to be constant. Initial data required for the model simulation are available from official statistics of the National Accounts System. It is analyzed how the exchange rates of foreign currencies influence the Russian economy.
Keywords:
input-output model, economic dynamics
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Articles of the St Petersburg University Journal of Economic Studies are open access distributed under the terms of the License Agreement with Saint Petersburg State University, which permits to the authors unrestricted distribution and self-archiving free of charge.