Characteristics of Sustainability of an Economic System and their Interrelation
Abstract
The term «sustainability of economic systems» still has no general interpretation and allows various treatments in economic literature. The author’s approach to understanding the sustainability of complex economic systems and related concepts is proposed in the article. Types, properties and factors of economic sustainability are considered. The assessment of economic sustainability of system is offered to be carried out on the basis of the theory of production functions and the theory of elasticity. Functions of elasticity model and estimate the mechanism of adaptation of an economic system in a broad sense. This approach can be used to improve programs and plans for the development of economic systems.
About the Authors
A. I. KarpovichRussian Federation
Karpovich Alexey I. - Doctor of Economics, Professor, Department of Economic Theory and Applied Economics
G. P. Litvintseva
Russian Federation
Litvintseva Galina P. - Doctor of Economics, Professor, Head of the Department of Economic Theory and Applied Economics
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Review
For citations:
Karpovich A.I., Litvintseva G.P. Characteristics of Sustainability of an Economic System and their Interrelation. Vestnik NSUEM. 2018;(1):49-56. (In Russ.)