System dynamics model for capital and productivity in Ukrainian economy

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Date
2020
Authors
Shybystiuk, Оlga
Barabash, Galyna
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Abstract
Capital and productivity is a part of supply side model that shows how efficiently capital is used to generate output. It reflects the joint influence of labour input per unit of capital used and multifactor productivity (reflecting the overall efficiency of production). Investment in information and communication technologies in particular enables new technologies to enter the production process and is seen as an important driver of productivity growth. This model help you to learn about structure and performance of the Ukraine economy.
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Keywords
the Ukraine economy, the labor productivity, active capital, conference materials
Citation
Shybystiuk О. System dynamics model for capital and productivity in Ukrainian economy / Shybystiuk Оlga, Barabash Galyna // 3rd Annual Research Conference "Theory and practice of system dynamics in finance" : proceedings, December 7, 2020, Kyiv / ed. by Olena Primierova ; National University of Kyiv-Mohyla Academy, Department of Finance, Center of Financial and Economic Research [et al.]. - Kyiv : [Інтерсервіс], 2020. - P. 77-83.