STRATEGIC PROGRAMMING OF THE ACTUAL GROWTH RATE OF THE RUSSIAN ECONOMY: CONCEPTUAL FRAMEWORK AND EMPIRIC TESTING
The article reveals the issues of a new type and models development of economic growth, which reflect the impact of the aggregate production of a wide range of cyclical and structural variables on the actual dynamics. The intensity of reproduction processes is determined primarily by five macroparameters of the business environment: the rate of increase in consumer spending, business investment propensity for self-financing activities, the degree of availability of credit resources, as well as the investment activities of the state and economic entities-non-residents. Using the statistical data of Russia and the Republic of Tatarstan for 1999-2013 the author identifies the factors and constraints of economic growth in the respective economic systems, and makes recommendations on the strategy, design, content of economic measures to accelerate it.
Keywords: economic growth, economic dynamism, reproduction processes, neo-classical production function, model of economic growth, consumer spending, investment activity, loans, return on sales, interest rates, foreign direct investment.
Svetoslav N. Gusev, Candidate of Economics, a senior lecturer. Kazan (Volga) Federal University.