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Application of Method of System Potential for the Analysis of Economic System Dynamics

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Author Info
Grigorii Pushnoi (International Bogdanov Institute)

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Abstract

The exact mathematical formulation of new System Method based on ideas of “system potential” and “conditions of its realization” is given. Cyclical dynamics of “efficiency of work” of a complex adaptive system follows from this Method. These cycles have the properties like to the properties of typical business cycles. It is proposed to identify these evolution cycles of complex adaptive systems as applied to economic system with business cycles.

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File URL: http://129.3.20.41/eps/dev/papers/0502/0502003.pdf
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Publisher Info
Paper provided by EconWPA in its series Development and Comp Systems with number 0502003.

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Date of creation: 05 Feb 2005
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Handle: RePEc:wpa:wuwpdc:0502003

Note: Type of Document - pdf. pdf-file (russian text)
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Web page: http://129.3.20.41

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Related research
Keywords: business cycle; catastrophe jump; economic potential; complex adaptive system;

Find related papers by JEL classification:
E - Macroeconomics and Monetary Economics

This paper has been announced in the following NEP Reports:

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