Estudio sobre desarrollo económico: principios básicos, modelo y evidencia empírica

Dmytro Chystilin ()
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Dmytro Chystilin: Department of Economics and Law, Dniepropetrovsk University, Ukraine

Ensayos Revista de Economia, 2011, vol. XXX, issue 1, 71-106

Abstract: This article represents an approach to solve the key problem of the economic development theory, a mathematic description of the social and economic system during a long period of time, where one of the most important system property is manifested: a transition from a stable condition, economic development, to that of a crisis and viceversa, and the modification of functional regimes of the system as well. A model of social and economic system development has been presented on the basis of a differential nonlinear equation which shows general natural properties of the system: the self-organization in the aspect of functional regime modification and macroeconomic politics restructuring. A numerical equation solution has been made according to the 30 year statistics of countries such as the USA, EU, India, China, Japan, USSR-CIS. The simulation shows the presence of Kondratiev long-term cycles, which means cycle modification around the decade of 1990.

Keywords: economic development; sustainable economic development; economic development model (search for similar items in EconPapers)
JEL-codes: O1 O10 (search for similar items in EconPapers)
Date: 2011
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