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Consequences of Social Transformation for Economic Theory

Part of the Springer Proceedings in Business and Economics Book Series

Editors: Kumar, Vikas; Kuzmin, Evgeny; Zhang, Wei-Bin; Lavrikova, Yuliya

DOI: 10.1007/978-3-031-27785-6

ISBN: 978-3-031-27784-9

Publisher: Springer International Publishing - Springer Journals

Apr 14, 2023

1 - 10 of 19 Chapters

LitStream

Chapter 1Editorial: Consequences of Social Transformation for Economic Theory

Kumar, Vikas; Lavrikova, Yuliya; Kuzmin, Evgeny; Zhang, Wei Bin

Pages: 1 –4

[The chapter summarizes the best research from the 10th Euro-Asian Symposium on Economic Theory (EASET 2022) included in the book. The Editors evaluate the background and trends that have given impetus to the research. A brief overview of the contribution of each chapter is given, and the main...
LitStream

Chapter 2A Survey on Business Cycles: History, Theory and Empirical Findings

Orlando, Giuseppe; Sportelli, Mario

Pages: 5 –34

[This work summarizes recent advances in modelling and econometrics for alternative directions in macroeconomics and cycle theories. Starting from the definition of a cycle and continuing with a historical overview, some basic nonlinear models of the business cycle are introduced. Furthermore,...
LitStream

Chapter 3Implementation of the Evolutionary-Genetic Methodology in the Mechanisms of Synthesis of Economic Theory

Brizhak, Olga; Gladkaya, Svetlana; Martishin, Evgeny

Pages: 35 –49

[The article reveals the evolutionary-genetic mechanism of the modern systemic synthesis of a number of economic theory areas, including conservative and liberal approaches, mainstream and political economy, orthodoxy and unorthodox economic theory, institutionalism and evolutionary economics,...
LitStream

Chapter 4Synthesis of Mainstream and Political Economy as an Emerge from the Economic Theory Crisis

Konovalova, Maria E.; Rizokulov, Turakul R.; Blinichkina, Nadezhda Yu.; Karimov, Ravshan A.; Kuzmina, Olga Yu.

Pages: 51 –62

[The prospects for the further development of economic theory are not fully defined due to the crisis in its main course and the lack of a consensus on promising directions of development in the scientific community. The main discussion is growing around the question of the necessity to...
LitStream

Chapter 5Dynamic Interaction Between Human Capital Accumulation and Economic Growth

Guliyeva, Aysel; Faminskaya, Marina V.; Potekhina, Elena V.

Pages: 63 –74

[Our contribution focuses on the dynamic interaction between human capital accumulation and economic growth. In order to do so, it applies the toolkit of the classic economic theory and scrutinizes the provisions of the human capital formation and other key variables on economic growth. In...
LitStream

Chapter 6Economic Resilience Determinants Under Shocks of Different Origins

Akberdina, Victoria

Pages: 75 –84

[During crisis, scientists’ attention is focused on the shock effect on economic dynamics. The shock may be catastrophic for one country and painless for another. Scientific studies of crises postulate the thesis about the resilience, i.e. the capability of economic systems to recover from...
LitStream

Chapter 7The Significance of Higher Education Adaptation Reforms for Russia’s Economic Growth

Amelicheva, Daria; Semenova, Elizaveta; Kalabina, Elena

Pages: 85 –101

[Currently, the educational sector, considered the basis for the country's development in the post-industrial era, is facing global challenges: the importance of higher education is declining, the dependence between education level and wage level is weakening, and traditional formats are losing...
LitStream

Chapter 8Impact of the Duration of Compulsory Education on Economic Growth and Welfare

Molchanova, Alla V.; Guliyeva, Aida

Pages: 103 –116

[The human capital model from the basic economic theory considers schooling to be an investment in human capital, and thus the change to mandatory schooling forces the low-educated group to become more productive, raising its wages, with no effect on schooling decisions for others. This paper...
LitStream

Chapter 9Efficiency of Institutions and Economic Agents from Transaction Costs Perspective

Kuzmin, Evgeny A.; Suvorova, Arina V.

Pages: 117 –132

[Transaction costs are among the fundamental parameters of economic relations. Nevertheless, there is a controversy over the understanding of transaction costs when establishing the efficiency of institutions and economic agents. Having performed a critical analysis of contemporary views, we...
LitStream

Chapter 10Changing Growth Patterns of the Spanish Economy Attributable to the Consulting Sector in Context of Uncertainty

Ruiz Zapatero, José Luis; Martín-Cervantes, Pedro Antonio

Pages: 133 –148

[Much has been discussed about the global financial crisis of 2007–2008, including its reasons and consequences on the productive fabric of international economies; however, the studies focused on highlighting the most resilient productive sectors are a significant minority. In this sense, this...

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