TITLE:
Possible Tendencies of Economic Development of Russia
AUTHORS:
Sergey А. Surkov
KEYWORDS:
Economic Ways, Economic Lifestyle, Social and Economic Structure, Revenue, Domestic Product
JOURNAL NAME:
Theoretical Economics Letters,
Vol.4 No.7,
August
14,
2014
ABSTRACT:
It was proposed to use the sum of
production functions of different lifestyles, to describe the changes in the
Russian economy. Values of indicators of a power function of Cobb-Douglas were
received from approximate formulas on the basis of data from various sources. A
good concordance with change process of Russia’s GDP, what permit to predict
its behavior in the future, was received.