Estimation of gross regional product dynamics on basis of aggregate production functions

Authors

Keywords:

production capacity, aggregate production function, economic growth, investment, gross regional product

Abstract

The paper analyzes the key factors determining the value of real gross regional product, and made recommendations to public authorities to improve the functioning of the production potential of the regions of the Russian Federation. Constructed on the basis of aggregate production functions performed quantitative evaluation of the impact of the cost of capital, investment, employment and scientific and technical progress on the growth of the gross product of the Voronezh region.

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Author Biographies

  • Pavel Anatolevich Kanapuhin, Voronezh State University

    Dr. Sci. (Econ.), Assoc. Prof., Dean of the Faculty of Economics

  • O.V. Maslennikov, Voronezh State University

    Assist. Prof., Department of Economic Theory and World Economy

References

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Published

2014-09-30

Issue

No. 3 (2014): July-September

Section

S

How to Cite

Kanapuhin, P. A., & Maslennikov, O. (2014). Estimation of gross regional product dynamics on basis of aggregate production functions. Eurasian Journal of Economics and Management, 3, 143-146. https://journals.vsu.ru/econ/article/view/9779

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