THE DEVELOPMENT OF THE CONCEPT OF ECONOMIC GROWTH OF THE AGRO-INDUSTRIAL COMPLEX

Marina Yegorovna Anokhina (), Galina Mikhailovna Zinchuk and Svetlana Arkadievna Petrovskaya
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Marina Yegorovna Anokhina: Plekhanov Russian University of Economics, Stremyanny lane, Moscow, Russian Federation
Galina Mikhailovna Zinchuk: Plekhanov Russian University of Economics, Stremyanny lane, Moscow, Russian Federation
Svetlana Arkadievna Petrovskaya: Plekhanov Russian University of Economics, Stremyanny lane, Moscow, Russian Federation

Journal of Internet Banking and Commerce, 2016, vol. 21, issue 03, 01-15

Abstract: Based on the analysis of the economic growth theories, economic cyclicality and industrial markets the article presents a concept of economic growth of industrial complexes. The concept focuses on factors, determinates and conditions of economic growth and their causal relationships, the latter being additional driving force of economic dynamics of an industrial complex. The practical aspects of the designed concept are shown on the example of the Russian agro-industrial complex (AIC). With account for the limitations of the present conditions which do not help provide for the essential functions of AIC as a subsystem of national economy, the authors identified the causes of insufficient economic dynamics of AIC. On the basis of the designed concept of economic growth of industrial complexes there were made conclusions about necessity to create growth conditions which, with appropriate balance of factors and growth determinates, will ensure quantitative, qualitative and reproductive dynamics of agro-industrial production. There have been devised strategic initiatives on managing economic growth of agro-industrial production at the stage of building-up sustainable dynamics and new quality of AIC growth.

Keywords: Economic Growth Theories; Theories of Economic Cyclicality; Theories of Industrial Markets; An Industrial Complex; Concept of Economic Growth; Factors; Determinators and Conditions of AIC Economic Growth; Strategic Initiatives on Managing AIC Economic Growth (search for similar items in EconPapers)
JEL-codes: A11 (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:ris:joibac:0208

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