On Models of Economic Development, Taking into Account Lending

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On Models of Economic Development, Taking into Account Lending. / Antsyz, Sergey M.

2019 15th International Asian School-Seminar Optimization Problems of Complex Systems, OPCS 2019. Institute of Electrical and Electronics Engineers Inc., 2019. p. 4-7 8880202 (2019 15th International Asian School-Seminar Optimization Problems of Complex Systems, OPCS 2019).

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › Research › peer-review

Harvard

Antsyz, SM 2019, On Models of Economic Development, Taking into Account Lending. in 2019 15th International Asian School-Seminar Optimization Problems of Complex Systems, OPCS 2019., 8880202, 2019 15th International Asian School-Seminar Optimization Problems of Complex Systems, OPCS 2019, Institute of Electrical and Electronics Engineers Inc., pp. 4-7, 15th International Asian School-Seminar Optimization Problems of Complex Systems, OPCS 2019, Novosibirsk, Russian Federation, 26.08.2019. https://doi.org/10.1109/OPCS.2019.8880202

APA

Antsyz, S. M. (2019). On Models of Economic Development, Taking into Account Lending. In 2019 15th International Asian School-Seminar Optimization Problems of Complex Systems, OPCS 2019 (pp. 4-7). [8880202] (2019 15th International Asian School-Seminar Optimization Problems of Complex Systems, OPCS 2019). Institute of Electrical and Electronics Engineers Inc.. https://doi.org/10.1109/OPCS.2019.8880202

Vancouver

Antsyz SM. On Models of Economic Development, Taking into Account Lending. In 2019 15th International Asian School-Seminar Optimization Problems of Complex Systems, OPCS 2019. Institute of Electrical and Electronics Engineers Inc. 2019. p. 4-7. 8880202. (2019 15th International Asian School-Seminar Optimization Problems of Complex Systems, OPCS 2019). doi: 10.1109/OPCS.2019.8880202

Author

Antsyz, Sergey M. / On Models of Economic Development, Taking into Account Lending. 2019 15th International Asian School-Seminar Optimization Problems of Complex Systems, OPCS 2019. Institute of Electrical and Electronics Engineers Inc., 2019. pp. 4-7 (2019 15th International Asian School-Seminar Optimization Problems of Complex Systems, OPCS 2019).

BibTeX

@inproceedings{2b28ee547d7d45cb87adbdbdf1ac8264,

title = "On Models of Economic Development, Taking into Account Lending",

abstract = "A new approach to the construction of mathematical models of complex socio-economic systems is described. The period of economic growth consisting of intervals equal in duration is considered. It is assumed that per capita consumption at each interval is limited from below. The choice of restrictions, providing growth of welfare of individuals, is supported by the process of taking and repayment loans. In contrast to the classical Ramsey-Solow model, it is proposed to minimize the total income for the period. The neoclassical function of economic growth is approximated at each interval by a linear function. It is shown that the development of the economy strategy, obtained with the help of a new approach, allows reducing damage to the environment.",

keywords = "consumption, economic growth, investment, lending, pollution environmental, wealth growth",

author = "Antsyz, {Sergey M.}",

note = "Publisher Copyright: {\textcopyright} 2019 IEEE. Copyright: Copyright 2020 Elsevier B.V., All rights reserved.; 15th International Asian School-Seminar Optimization Problems of Complex Systems, OPCS 2019 ; Conference date: 26-08-2019 Through 30-08-2019",

year = "2019",

month = aug,

doi = "10.1109/OPCS.2019.8880202",

language = "English",

series = "2019 15th International Asian School-Seminar Optimization Problems of Complex Systems, OPCS 2019",

publisher = "Institute of Electrical and Electronics Engineers Inc.",

pages = "4--7",

booktitle = "2019 15th International Asian School-Seminar Optimization Problems of Complex Systems, OPCS 2019",

address = "United States",

}

RIS

TY - GEN

T1 - On Models of Economic Development, Taking into Account Lending

AU - Antsyz, Sergey M.

PY - 2019/8

Y1 - 2019/8

N2 - A new approach to the construction of mathematical models of complex socio-economic systems is described. The period of economic growth consisting of intervals equal in duration is considered. It is assumed that per capita consumption at each interval is limited from below. The choice of restrictions, providing growth of welfare of individuals, is supported by the process of taking and repayment loans. In contrast to the classical Ramsey-Solow model, it is proposed to minimize the total income for the period. The neoclassical function of economic growth is approximated at each interval by a linear function. It is shown that the development of the economy strategy, obtained with the help of a new approach, allows reducing damage to the environment.

AB - A new approach to the construction of mathematical models of complex socio-economic systems is described. The period of economic growth consisting of intervals equal in duration is considered. It is assumed that per capita consumption at each interval is limited from below. The choice of restrictions, providing growth of welfare of individuals, is supported by the process of taking and repayment loans. In contrast to the classical Ramsey-Solow model, it is proposed to minimize the total income for the period. The neoclassical function of economic growth is approximated at each interval by a linear function. It is shown that the development of the economy strategy, obtained with the help of a new approach, allows reducing damage to the environment.

KW - consumption

KW - economic growth

KW - investment

KW - lending

KW - pollution environmental

KW - wealth growth

UR - http://www.scopus.com/inward/record.url?scp=85077973015&partnerID=8YFLogxK

U2 - 10.1109/OPCS.2019.8880202

DO - 10.1109/OPCS.2019.8880202

M3 - Conference contribution

T3 - 2019 15th International Asian School-Seminar Optimization Problems of Complex Systems, OPCS 2019

SP - 4

EP - 7

BT - 2019 15th International Asian School-Seminar Optimization Problems of Complex Systems, OPCS 2019

PB - Institute of Electrical and Electronics Engineers Inc.

T2 - 15th International Asian School-Seminar Optimization Problems of Complex Systems, OPCS 2019

Y2 - 26 August 2019 through 30 August 2019

ER -

ID: 23261407