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.