Authors: YakuninaYu.S., M. Kapko

Title of the article: Peculiarities of cyclic structural shifts under conditions of technological modernization of economy

Year: 2020, Issue: 1, Pages: 31-39

Branch of knowledge: 08.00.01 Economic Theory

Index UDK: 330.368

DOI: 10.26730/2587-5574-2020-1-31-39

Abstract: In modern economic theory, certain methodological gaps are observed in substan-tiating the relationship of structural changes and economic cycles, explaining the reasons and factors for their mutual influence. The views of most economists are based on the endogenous nature of structural changes and, in many respects, the exogenous nature of macroeconomic cyclicality. Moreover, the nature of the non-linearity of structural changes in the economy, the structural mechanism for trans-lating external shocks into the macroeconomic cycle, and the role of positive structural changes in antirecessive regulation remain without due attention. One of the important aspects of the structural-cyclic methodology is the understanding of the technological development of the economy not only as an exogenous, but also an endogenous condition for structural transformation, associated with profound changes in the system of national reproduction, and having its own non-linearity. The latter, in turn, explains the cyclical nature of the structural shifts themselves, as well as their priority role in ensuring phase transitions of macroeconomic cycles.

Key words: macroeconomic cycles structural cycles nonlinearity of structural shifts

Receiving date: 05.02.2020

Publication date: 30.04.2020

CITE DOWNLOAD