PROBLEMS OF SYSTEMIC APPROACH IN THE ECONOMY
Read

МОДЕЛЮВАННЯ ЗМІН У СЕКТОРАЛЬНІЙ СТРУКТУРІ ЕКОНОМІКИ УКРАЇНИ

Publication Date Jan 1, 2021

Abstract

Theoretical and practical aspects of structural changes in the economy are the subject of scientific research by a large number of both foreign and domestic scientists. The theory of three sectors became a new methodological approach to the analysis of the structure of the economy. The process of modeling changes in the sectoral structure of the economy makes it possible to create such conditions that would facilitate Ukraine’s transition to an innovative model of development. The article simulates changes in the sectoral structure of the economy on the basis of the Cobb-Douglas production function. It is emphasized that changes in the primary, secondary and tertiary sectors of Ukraine’s economy should ensure the formation of an innovative model of its development. The evolution of the interpretation of the concept of «Solow balance» is highlighted. It is substantiated that the «Solow balance» contains an innovative component, so it is advisable to take it into account in the process of modeling changes in the sectoral structure. The «Solow balance» is calculated on the basis of initial data on the value of fixed assets, the number of employed population and the amount of value added in terms of primary, secondary and tertiary sectors of the Ukrainian economy. The relationship between the level of the indicator in the primary, secondary and tertiary sectors of the economy is considered. It has been proven that the primary sector of the economy is the starting point for sustainable economic growth, as it is the basis of the s...

Concepts

Tertiary Sectors Of Economy Primary Sectors Of Economy Sectors Of Economy Secondary Sectors Primary Sectors Aspects Of Structural Changes Innovative Component Basis Of Initial Data Domestic Scientists Changes In Structure

Round-ups are the summaries of handpicked papers around trending topics published every week. These would enable you to scan through a collection of papers and decide if the paper is relevant to you before actually investing time into reading it.

Climate change Research Articles published between Nov 14, 2022 to Nov 20, 2022

R DiscoveryNov 21, 2022
R DiscoveryArticles Included:  2

The world needs to move quickly towards sustainability that should characterize all production and consumption patterns. We use cookies to improve you...

Read More

Coronavirus Pandemic

You can also read COVID related content on R COVID-19

R ProductsCOVID-19

ONE PROBLEM . ONE PURPOSE . ONE PLACE

Creating the world’s largest AI-driven & human-curated collection of research, news, expert recommendations and educational resources on COVID-19

COVID-19 Dashboard

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on “as is” basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The Copyright Law.