Abstract

A comparative assessment of the dynamics of technological development of Ukraine and Russia for 2014–2019 has been carried out in the context of the Russian-Ukrainian war. A method for assessing the economic losses of the conflicting parties due to a slowdown in their technological development, under the influence of militarization, based on the parameter of technological progress of the Solow-Tinbergen production function, built according to the World Bank 1991–2019 data, was proposed and tested. It is substantiated that during the Russian-Ukrainian war, starting from 2015, the technological development of the Russian Federation was curtailed and the economy transitioned to an extensive basis, when the parameter of technological progress acquired a negative value. In the case of Ukraine, a deterioration in technological development was detected due to a decrease in the values of the parameter of technological progress during 2014–2019. It has been proven that the economic recession of the aggressor is the worst in comparison with the victim country, but the relative losses of GDP due to the curtailment of technological development caused by the war are much less. In the case of the Russian Federation as an aggressor country, it is substantiated that the main catalyst for the economic recession was the curtailment of the participation of the real sector of the economy in the international transfer of technologies under the influence of international economic sanctions. In the case of Ukraine, as a country-victim of military intervention, it is justified that the replacement of international partnership in the field of technological cooperation ensured a slowdown in the economic recession. The results of the development of methodological support for the process of assessing GDP losses of the parties to a military conflict are universal for use in international comparisons. The proposed methods are relevant in assessing the technological development of countries that are or were in a state of military confrontation, which significantly expands the basis for future research by the authors

Highlights

  • Since the industrial revolution in Great Britain, the role of technological progress in economic growth has become increasingly important.Since the country’s position in the world economy and its political weight in the world are largely based on innovative and technological advantages

  • The described scientific works relate exclusively to the technological development of economic entities that are not in conditions of a military conflict. All this gives grounds to state the absence of studies that would combine the analysis of the technological development of the parties to military conflicts and their macroeconomic assessment

  • To formalize technological development, the period of slower growth (2018–2019) of Ukraine and the the Solow-Tinbergen production function was modeled in Russian Federation, formed on the basis of the dynamics of order to obtain the parameters of the function, primarily real GDP in 2012 prices and the dynamics GDP at actual the parameter of technological progress (3)

Read more

Summary

Introduction

Since the industrial revolution in Great Britain (late 18th–early 19th centuries), the role of technological progress in economic growth has become increasingly important. The relevance of the research lies in the fact that an attempt has been made to assess the macroeconomic impact of factors slowing down technological progress and curtailing the processes of international technology transfer and innovative technological cooperation on the economic development of the parties to a military conflict. The problem of assessing the level of absolute losses of GDP of countries due to the deterioration of their technological development in the context of a military conflict has been updated. All this will ensure the allocation of the technological component of the economic development of the country-victim of military aggression for the development of effective measures to resist the aggressor

Literature review and problem statement
The aim and objectives of research
Materials and methods of research
Findings
Conclusions
Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

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 CopyrightLaw.