SHS Web of Conf.
Volume 44, 2018IV International Scientific Conference “The Convergence of Digital and Physical Worlds: Technological, Economic and Social Challenges” (CC-TESC2018)
|Number of page(s)||8|
|Published online||05 June 2018|
Interrelation model capital/output in the conditions of a new technological platforma
1 Saint Petersburg State Economy University, Center for fundamental Studies of Development Processes in the Russian Economy, 191002 Marat st. 27, Russian Federation
2 Saint Petersburg State University of Architecture and Civil Engineering, Faculty of economics and management, 190005 2nd Krasnoarmeiskaya st. 4, Russian Federation
3 Saint Petersburg State Economy University, dept. of Applied Mathematics and Economical-Mathematical Methods, 191023 Sadovaya st. 21, Russian Federation
* Corresponding author: email@example.com
Many experts relate rehabilitation of the world economy to forming a new technological platform. In this work we made an attempt to show the trends in the interrelation between capital and output in the conditions of forming new technological platform. In order to do that, we used a modified productive function with technical progress saving labor consumption. Even though this model bears a simulative character, it has all the required capabilities to calculate interrelations “capital/output” for long periods of time and can be a tool to investigate the economical dynamics with consideration of the new character of the economic progress.
© The Authors, published by EDP Sciences, 2018
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. (http://creativecommons.org/licenses/by/4.0/).
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