Problems of Dynamic Efficiency of The Russian Economy

Authors: Rodionova V.G., Devlet-Geldy G.K. Published: 30.10.2013
Published in issue: #8(10)/2013  
DOI: 10.18698/2306-8477-2013-8-94  
Category: Economic and legal problems of engineering education | Chapter: Economics  
Keywords: depreciation base, investments, dynamic efficiency, innovation, weak incentives, static efficiency, the level of capital income

Dynamic efficiency is the ability of the economy to grow through innovation and knowhow on the basis of investment. The investment process is hampered by the imperfection of incentives and mechanisms in the system of state regulation, particularly in the face of mounting inflationary trends and the limited capacities of the firms on formation of own investment resources.