ASSESSMENT OF THE LEVEL OF DEVELOPMENT OF THE ECONOMY AND INDUSTRY USING THE CRITERION OF ECONOMIC LEVEL OF TECHNOLOGIES

The indicator of evaluation of economic and technological quality of micro-, mesoand macro-level economic systems – economic level of technologies (ELT) has been considered. It reflects the efficiency of the main factors of production: labor and capital. A higher value of ELT is associated with grea...

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Main Author: A. G. Zhivotovskaia
Format: Article
Language:English
Published: Publishing House of the State University of Management 2019-12-01
Series:Вестник университета
Subjects:
Online Access:https://vestnik.guu.ru/jour/article/view/1853
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author A. G. Zhivotovskaia
author_facet A. G. Zhivotovskaia
author_sort A. G. Zhivotovskaia
collection DOAJ
description The indicator of evaluation of economic and technological quality of micro-, mesoand macro-level economic systems – economic level of technologies (ELT) has been considered. It reflects the efficiency of the main factors of production: labor and capital. A higher value of ELT is associated with greater economic and technological efficiency of the system, so it can be used as an indicator of the quality of the system. By graphical and econometric analysis, the values and trends of changes in the economic level of technologies at the level of economy and industry for five countries have been estimated: the Great Britain, Germany, Russia, the USA, France. The ability of the economic level of technologies to predict internal crises in the country has been considered. It has been proposed to use the economic level of technologies as a tool for forecasting as well as for planning and management.
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spelling doaj.art-38916b886de1462c9668b74bea4adaa82024-03-26T14:23:01ZengPublishing House of the State University of ManagementВестник университета1816-42772686-84152019-12-0101112413110.26425/1816-4277-2019-11-124-1311553ASSESSMENT OF THE LEVEL OF DEVELOPMENT OF THE ECONOMY AND INDUSTRY USING THE CRITERION OF ECONOMIC LEVEL OF TECHNOLOGIESA. G. Zhivotovskaia0Plekhanov Russian University of EconomicsThe indicator of evaluation of economic and technological quality of micro-, mesoand macro-level economic systems – economic level of technologies (ELT) has been considered. It reflects the efficiency of the main factors of production: labor and capital. A higher value of ELT is associated with greater economic and technological efficiency of the system, so it can be used as an indicator of the quality of the system. By graphical and econometric analysis, the values and trends of changes in the economic level of technologies at the level of economy and industry for five countries have been estimated: the Great Britain, Germany, Russia, the USA, France. The ability of the economic level of technologies to predict internal crises in the country has been considered. It has been proposed to use the economic level of technologies as a tool for forecasting as well as for planning and management.https://vestnik.guu.ru/jour/article/view/1853economic developmenteconomic level of technologieseconomic and technological qualityindustrylabour productivitycapital-labour ratiosystem quality
spellingShingle A. G. Zhivotovskaia
ASSESSMENT OF THE LEVEL OF DEVELOPMENT OF THE ECONOMY AND INDUSTRY USING THE CRITERION OF ECONOMIC LEVEL OF TECHNOLOGIES
Вестник университета
economic development
economic level of technologies
economic and technological quality
industry
labour productivity
capital-labour ratio
system quality
title ASSESSMENT OF THE LEVEL OF DEVELOPMENT OF THE ECONOMY AND INDUSTRY USING THE CRITERION OF ECONOMIC LEVEL OF TECHNOLOGIES
title_full ASSESSMENT OF THE LEVEL OF DEVELOPMENT OF THE ECONOMY AND INDUSTRY USING THE CRITERION OF ECONOMIC LEVEL OF TECHNOLOGIES
title_fullStr ASSESSMENT OF THE LEVEL OF DEVELOPMENT OF THE ECONOMY AND INDUSTRY USING THE CRITERION OF ECONOMIC LEVEL OF TECHNOLOGIES
title_full_unstemmed ASSESSMENT OF THE LEVEL OF DEVELOPMENT OF THE ECONOMY AND INDUSTRY USING THE CRITERION OF ECONOMIC LEVEL OF TECHNOLOGIES
title_short ASSESSMENT OF THE LEVEL OF DEVELOPMENT OF THE ECONOMY AND INDUSTRY USING THE CRITERION OF ECONOMIC LEVEL OF TECHNOLOGIES
title_sort assessment of the level of development of the economy and industry using the criterion of economic level of technologies
topic economic development
economic level of technologies
economic and technological quality
industry
labour productivity
capital-labour ratio
system quality
url https://vestnik.guu.ru/jour/article/view/1853
work_keys_str_mv AT agzhivotovskaia assessmentofthelevelofdevelopmentoftheeconomyandindustryusingthecriterionofeconomicleveloftechnologies