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DETERMINATE NONPERIODIC VARIATION OF THE GROSS REGIONAL PRODUCT
Author(s) -
L. А. Korshunov,
G. P. Bystrai
Publication year - 2010
Publication title -
economy of regions
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.377
H-Index - 14
eISSN - 2411-1406
pISSN - 2072-6414
DOI - 10.17059/2010-1-27
Subject(s) - variation (astronomy) , gross regional product , product (mathematics) , mathematics , environmental science , biology , geometry , physics , ecology , astrophysics
The classical problem of product supply and demand, which was first defined by Ð . Marshall, is reduced to Lorentz model in a nonlinear statement and it describes sustainable circular processes of commodity market, including price range increment in the context of crisis forthcoming (inflation); destabilization due to nonmanufacturing costs; the main stages of crisis development, including a stage of chaotic behavior of residence time at each attractor (equilibrium point); possibility of surmounting the crisis by means of modification of certain parameters. The given approach is used for the purpose of construction of a qualitative model of commodity price readjustment during precrisis and crisis periods, and finding reliable prognostication time.

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