Work

Extended Economy Model

Year: 2021
Type: article
Abstract: The issue of development of expanded (open) model of economic performance, ma­king it possible to account for the specifics of any country or region inclusive of internal and external factors, was considered. An expanded economy model is based on the core economy model containing the system of controlled parameters. Mathematical formulas of the models are presented. The study revealed the principle of the model construction and the way the system of controlled parameters in the expanded economy model makes it possible to «customize» the model against specific conditions of national, regional and sectorial economic performance.
Language: English
Subfield: Development
Open Access status: hybrid
OpenAlex ID: W3207344799
FWCI:
Cites: 3
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Related to: 10