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Information technology is currently one of the most important labour productivity drivers to increase economic efficiency. The aggravation of the geopolitical situation occurred in Russia over the past few years has demonstrated the vulnerability of the domestic financial sector and some other national economy branches to foreign manufacturers and suppliers of various software that led to the intensification of import substitution in this area. The conducted analysis has revealed that information technologies crea...

Growth models are considered to be interesting to economists. The article shows the analyses of the basic approaches to growth models. Under the conditions of economic uncertainty the theories that take into account non-leaner relationships between development factors are considered to be very powerful. Moreover the solutions to the development factors that form cyclical path and the model based on the use of cyclical nature of economic development can be also very helpful. For this purpose special attention is gi...

The import substitution policy, carried out both at federal and regional levels, today is one of the structural components of the Russia’s national and economic security ensuring policy. The work examines the effect of import substitution on economic growth of the Russian economy. Authors consider the nature and the role of import substitution, its effectiveness and reasons for implementation, as well as studies issues of imports policy formation of goods and services in the Russian economy under the conditions of...

The traditional natural resource management of the Arctic regions increases the risks of ecological safety of the northern territories and indigenous peoples. The goal of the research is to determine the impact of inefficient nature management on the population of Arctic zone by the example of Krasnoyarsk Krai northern areas. A panel data analysis has been selected as the research methodology which integrates the possibilities for both time-series analysis and spatial observations allowing considering individual h...

Not only the economy, but also the whole society’s aim at economic growth in terms of qualitative and quantitative improvement of the population’s standard of living. At present, when the innovative economic sector, the service industry and knowledge have come to the fore, the concept of economic growth requires rethinking. Approaches to determining the quality of economic growth can be classified based on the absolute quantitative economic indicators (GDP, GNP, NI, national wealth, etc.), based on the relative qu...

The scale of the modern world economy has transformed economic growth from a means of solving social problems into a factor of their aggravation. Further expansion of the economic system leads to irreversible devastating consequences for the ecosystem of the planet. Traditional economic logic has come into conflict with the interests of mankind. This article discusses the need to replace the model of economic growth with the paradigm of sustainable economic development, which includes environmental restrictions on...

Labor productivity is the most important factor in the economic growth of the region. Traditional production functions assess the contribution of labor resources to three-fourths of the total one. But today there are new factors, the inclusion of which in the model is necessary, since they determine the key forces of economic development, iden-tify the direction of regional policy. Economic growth, according to neoclassical theory and the theory of endogenous growth, is influenced by labor resources: population de...

In terms of technological approach to the definition of information society, an important aspect in the formation of human capital is the development of technological innovations and their impact on human capital. Level of human capital amenities is becoming a key factor in the economic growth of the country. In terms of information society, there is a fundamental change in human capital, as a result of the introduction of new technologies. Innovation can bring transformation in job skills, work organization and i...

The development of transport infrastructure is an important factor in the economic growth of the territory. The ability to predict the transport demand and traffic on the road network is vital for development of regional and urban transport system. Agent based modelling has emerged as a practice tool of traffic and transport planning in re-gion and urban area. The purpose of the research is to assess the possibility of using agent based models for transport planning in Russian regions and cities. In order to reach...

An important link between the volume of investment activity and economic growth is represented by the structure of investments implemented into innovations. Innovations are lately widely discussed issue, because without them economy will not be able to compete with foreign production. A lot of money is being spent on innovations in companies but also on the whole national economy. Therefore it is important to determine whether these funds are spent effectively and efficiently. Requirements for efficiency in invest...