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Modeling the «Digital» Factor in the Russian Industry
[Моделирование «Цифрового» Фактора В Промышленности России]

Author

Listed:
  • Kalynychenko Maksim

    (Northern (Arctic) Federal University named after M.V. Lomonosov (Arkhangelsk, Russia))

Abstract

The article reveals the actual theoretical and practical aspects of economic and mathematical modeling of production factors in the context of the development of the digital economy in Russia and the «smart» industry. Based on the modified production function, the substantiation of qualitative changes in the factors of production for the national economy of Russia and the manufacturing industry was carried out, taking into account the «digital» factor. The developed models made it possible to give a numerical assessment of the «digital» factor in the creation of added value and its impact on production results. So, in the manufacturing industry, an increase in the costs of organizations for the «digital» factor by 1 billion rubles. is able to provide labor replacement by 0,34 billion rubles and investments in fixed assets – by 2,2 billion rubles.

Suggested Citation

  • Kalynychenko Maksim, 2021. "Modeling the «Digital» Factor in the Russian Industry [Моделирование «Цифрового» Фактора В Промышленности России]," Russian Economic Development, Gaidar Institute for Economic Policy, issue 6, pages 39-45, June.
    • Handle: RePEc:gai:recdev:r2166
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    More about this item

    Keywords

    industry; «digital» factor; digital economy; added value; economic and mathematical modeling; factors of production;
    All these keywords.

    JEL classification:

    • C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation
    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • P42 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - Productive Enterprises; Factor and Product Markets; Prices

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