Factors and problems of economic growth on the example of the Russian Federation and the USA

Viac o knihe

The study focuses on the economic mechanisms of Russia and the United States, utilizing neo-Keynesian, neoclassical, and endogenous growth models, particularly a common world model. It explores various factors influencing economic growth, including physical capital like fixed assets and natural resources, as well as human capital defined by worker education and R&D. The analysis, covering 1950-2020, incorporates international economic conditions such as market pricing and foreign investments, using data from 131 countries to assess creative economic activity over time.