- PII
- S042473880000616-6-1
- DOI
- 10.7868/S0000616-6-1
- Publication type
- Article
- Status
- Published
- Authors
- Volume/ Edition
- Volume / Issue №3
- Pages
- 64-77
- Abstract
- It is given the qualitative analysis of differential equations' solution describing the cyclical changes of business activity and economic growth, system stability is investigated. Bifurcation point is estimated where the system loses stability and becomes susceptible to structural changes and innovations. The result of bifurcation is presence of self-sustained persistent auto oscillation in the system. It is shown that in conditions of fluctuation equilibrium levels have been changing, that defines rising economic growth. Mechanism of short-term cyclical changes' influence on formation of long-term economic growth’s locus is educed.
- Keywords
- -
- Date of publication
- 01.07.2009
- Year of publication
- 2009
- Number of purchasers
- 0
- Views
- 903
RAS Social ScienceГосударство и право Gosudarstvo i pravo
- ISSN (Print) 1026-9452
- ISSN (Online) 2713-0398
QUALITATIVE ANALYSIS OF THE INFLUENCE OF BUSINESS CYCLES ON ECONOMIC GROWTH. DEDICATED TO THE 125TH ANNIVERSARY OF THE BIRTH OF JOSEPH SCHUMPER (1883-1950)
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At the Ministry of Education and Science of the Russian Federation
Scientific Electronic Library