Manufacturing Industry as a Driver of Technological Development of the Russian Economy
Yury S. Bogachev1, Pavel V. Trifonov2, Maria A. Kirpicheva3, Alexander I. Ivanus4, Astkhik Arkadevna Khachatryan5
1Yury S. Bogachev, Institute of Industrial Policy and Institutional Development, Financial University Under the Government of the Russian Federation Moscow, Russia.
2Pavel V. Trifonov*, Department of Management, Financial University under the Government of the Russian Federation Moscow, Moscow, Russia.
31Maria A. Kirpicheva, Department of Management, Financial University under the Government of the Russian Federation Moscow, Moscow, Russia.
4Alexander I. Ivanus, Department of data analysis, decision-making and financial technologies, Financial University under the Government of the Russian Federation, Moscow, Russia.
5Astkhik A. Khachatryan, Department of Management, Financial University under the Government of the Russian Federation, Moscow, Russia.
Manuscript received on September 11, 2019. | Revised Manuscript received on October 05, 2019. | Manuscript published on October 30, 2019. | PP: 3221-3224 | Volume-9 Issue-1, October 2019 | Retrieval Number: F9260088619/2019©BEIESP | DOI: 10.35940/ijeat.F9260.109119
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: The paper substantiates the necessity of taking into account in the formation of the non-commodity model of the economy of the advanced development of the manufacturing industry as a driver of economic growth in Russia. To determine the conditions under which the manufacturing industry of Russia is a driver of economic growth. Research of economical and technological condition of Russia is carried out. Its comparison with the patterns of development of the manufacturing industry in the world economy shows the archaic nature of its technological structure. The directions of the advanced development of the manufacturing industry were determined, allowing it to generate synergistic effects for the development of the economy as a whole. Practical application of the research results will contribute to the validity of assessments of the effectiveness and sustainability of the sectoral complex of the country, and will allow to identify the potential opportunities and reserves for the development of industries and sectoral complexes based on the results of a multi-criteria evaluation, as well as minimize risks.
Keywords: Gross value added, Industry analysis, level of imbalance, OECD, Sustainability coefficient, Sustainable development, Volume indices of output.