CGE SIMULATION OF FIXED INVESTMENTS IN THE RUSSIAN ECONOMY
Abstract
This paper is concerned with issues of CGE simulating of fixed capital investments which arise with extension of general equilibrium input-output model of the Russian economy. Suggested approach allows considering connections between such key macroeconomic indicators as exchange rate, interest rate, inflation, fixed capital investment and total output growth rates. It is based on building and estimation of a function of production with variable degree of fixed capital utilization. Estimations of dynamic of fixed capital utilization degree for the Russian economy and its influence on dynamic of fixed capital investments are suggested in the paper.
About the Author
V. M. Gilmundinov
Institute of Economics and Industrial Engineering SB RAS, Novosibirsk State Technical University, Novosibirsk State University
Russian Federation
PhD in Economics, Associated professor, Head of Sector
Russian Federation
PhD in Economics, Associated professor, Head of Sector
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Review
For citations:
Gilmundinov V.M. CGE SIMULATION OF FIXED INVESTMENTS IN THE RUSSIAN ECONOMY. Vestnik NSUEM. 2015;(3):10-22. (In Russ.)
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