IDEAS home Printed from https://ideas.repec.org/a/url/izvest/v19y2018i4p34-44.html
   My bibliography  Save this article

The Interrelation of the Supply and Demand Factors in Ensuring an Intensive Type of Economic Growth

Author

Listed:
  • Vladimir V. Ilyashenko

    (Ural State University of Economics)

Abstract

The article examines the influence of supply and demand factors on an intensive type of economic growth in the Russia and describes some basic models of economic growth. The author notes that in modern conditions the provision of an intensive type of economic growth in the country is associated with solving the problem of new industrialisation, and shows the shortcomings in implementation of the latter. The author stresses the importance of the factors of aggregate demand in ensuring economic growth and argues that current state economic policy takes them into account insufficiently. The paper advocates that a significant decrease in inflation in recent years resulted from a decline in total demand in the national economy accompanied by low rates of its development, limited investment activity, a fall in real incomes. The article analyses the relationship between changes in the level of inflation, nominal cash incomes of the population, investments in fixed assets and the physical volume of GDP. The author concludes about the need to take appropriate state measures in the field of monetary and financial policy aimed at the realisation of supply and demand factors that are capable of providing an intensive type of economic growth in Russia

Suggested Citation

  • Vladimir V. Ilyashenko, 2018. "The Interrelation of the Supply and Demand Factors in Ensuring an Intensive Type of Economic Growth," Journal of New Economy, Ural State University of Economics, vol. 19(4), pages 34-44, August.
    • Handle: RePEc:url:izvest:v:19:y:2018:i:4:p:34-44
    DOI: 10.29141/2073-1019-2018-19-4-3
    as

    Download full text from publisher

    File URL: http://izvestia.usue.ru/images/download/78/3.pdf
    Download Restriction: no
    File URL: http://izvestia.usue.ru/en/-2018/747
    Download Restriction: no
    File URL: https://libkey.io/10.29141/2073-1019-2018-19-4-3?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Robert Solow, 1953. "A Note on the Price Level and Interest Rate in a Growth Model," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 21(1), pages 74-79.
    2. Mau, Vladimir, 2016. "Anti-crisis measures or structural reforms: Russian economic policy in 2015," Russian Journal of Economics, Elsevier, vol. 2(1), pages 1-22.
    3. Mau Vladimir, 2016. "Russian Economic Policy in 2015: Anti-Crisis Measures or Structural Reforms," Published Papers ppaper-2016-238, Gaidar Institute for Economic Policy, revised 2016.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Berezinskaya, Olga, 2017. "Investment drought in the Russian economy: Structural characteristics and turnaround perspectives," Russian Journal of Economics, Elsevier, vol. 3(1), pages 71-82.
    2. O. V. Buklemishev, 2023. "“Structural Transformation” of the Russian Economy and Economic Policy," Studies on Russian Economic Development, Springer, vol. 34(4), pages 456-463, August.
    3. Vladimir Ilyashenko & Lyudmila Kuklina, 2018. "Interrelation of Income, Inflation and Aggregate Demand in the Russian Economy," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(4), pages 1477-1487.
    4. M. Petrov V. & М. Петров В., 2018. "Финансирование Компаний В Условиях Замедления Экономики И Санкций // Financing Companies In The Context Of Economic Slowdown And Sanctions," Финансы: теория и практика/Finance: Theory and Practice // Finance: Theory and Practice, ФГОБУВО Финансовый университет при Правительстве Российской Федерации // Financial University under The Government of Russian Federation, vol. 22(3), pages 83-99.
    5. A. Solov’ev K. & А. Соловьев К., 2018. "Проблемы Оценки Эффективности Индивидуально-Накопительной Модели Пенсионного Страхования // The Problems Of Assessing The Effectiveness Of The Individual-Accrual Model Of Pension Insurance," Финансы: теория и практика/Finance: Theory and Practice // Finance: Theory and Practice, ФГОБУВО Финансовый университет при Правительстве Российской Федерации // Financial University under The Government of Russian Federation, vol. 22(2), pages 90-105.
    6. Boumans, Marcel, 2023. "2022 Hes Presidential Address: The History Of Economics As Economic Self-Portraiture," Journal of the History of Economic Thought, Cambridge University Press, vol. 45(3), pages 367-383, September.
    7. Michaël Assous, 2013. "Solow's Struggle with Medium-Run Macroeconomics: 1956-1995," GREDEG Working Papers 2013-41, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.
    8. V.K.Chetty & Basanta K Pradhan, 2020. "Harrod-Domar Formula for Two Sector Growth Models," IEG Working Papers 413, Institute of Economic Growth.

    More about this item

    Keywords

    economic growth; aggregate demand; aggregate supply; new industrialisation; inflation; gross domestic product; investment; population incomes.Journal: Journal of New Economy;
    All these keywords.

    JEL classification:

    • E20 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - General (includes Measurement and Data)
    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:url:izvest:v:19:y:2018:i:4:p:34-44. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Victor Blaginin (email available below). General contact details of provider: https://edirc.repec.org/data/usueeru.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.