Modelirovanie sovokupnogo sprosa po agregatam i «Keynsianskiy krest» dlya sovremennoy ekonomiki Ukrainyi

• Authors: Nina P. Goridko , Robert M. Nizhegorodtsev

Title variants

EN

Modeling Aggregate Demand by Elements and ‘Keynesian Cross’ for The Modern Economy of Ukraine

• Languages of publication: RU

Abstracts

EN

The majority of models for macroeconomic dynamics are based on the assumption of equilibrium for investigated macrosystems, in particular, on the assumption of equality for aggregate demand and aggregate supply. The authors, using quantitative methods, once again prove that real macrosystems are usually disequilibrial. The linear models for elements of aggregate demand in Ukraine are built in the paper, they are the basis for identification of aggregate demand dependence on aggregate supply for the period 2001–2011 years. The main tool is a regression modelling worked out using Microsoft Excel. The analysis of the dependence of individuals’ needs on the gross output is performed. AD-AS model and ‘Keynesian Cross’ are built for the contemporary economy of Ukraine. It’s proved that during the analysed period, the aggregate demand mainly outpaced the aggregate supply (except a while of starting the economic crisis). There are given some conclusions for managing macroeconomic disequilibrium.

Keywords

EN

AGGREGATE DEMAND; AGGREGATE SUPPLY; REGRESSION MODELLING; MACROECONOMIC DISEQUILIBRIUM; KEYNESIAN CROSS

• Publisher: Sumy State University, Business and Management Academy of Ukraine - Sumy regional branch and Publishing Company 'University Book'
• Journal: Mekhanizm Rehuluvannya Economiky
• Year: 2013
• Volume: 1 (59)
• Pages: 168-175

Contributors

author

Nina P. Goridko

• South-Russian Technical State University (Novocherkassk Polytechnic Institute), Moscow, Russian Federation

author

Robert M. Nizhegorodtsev