ASSESSMENT OF ECONOMIC GROWTH SUSTAINABILITY IN METALLURGY
Abstract
The study is aimed at an empirical assessment of economic growth sustainability of the metallurgical industry in Russia. The author has systematized the main approaches to assessing of economic growth sustainability. An estimation algorithm based on unified objective statistical data. The advantages of that method are availability of indicators, the simplicity and complexity, using this tool for any industries. The results of the study show us the low quality (instability) of the economic growth of the metallurgical industry in Russia. This fact we can explain macroeconomic shocks and the poor strategy of the industry. We also defined that the Russian metallurgy at the current stage of development is in a situation of a «profit trap». It situation is characterized by a short-term effect.
About the Author
S. V. Orekhova
Ural State University of Economics
Russian Federation
Russian Federation
PhD in Economics, Associate Professor, Responsible editor of scientific journals «Izvestiya UrGUE», «Manager»
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Review
For citations:
Orekhova S.V. ASSESSMENT OF ECONOMIC GROWTH SUSTAINABILITY IN METALLURGY. Vestnik NSUEM. 2017;(2):204-220. (In Russ.)
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