Authors:
Nadezhda Goreeva
1
;
Larisa Demidova
2
and
Olga Savchina
3
Affiliations:
1
Department of Economics and Statistics, KF FSBEI HE RT SAU, Russian Federation
;
2
Department of Statistics, Plekhanov Russian University of Economics, Moscow, Russia, Russian Federation
;
3
Department of Accounting, Audit and Statistics, Peoples’ Friendship University of Russia (RUDN University), Moscow, Russia, Russian Federation
Keyword(s):
Social Institutions, Dualism of the World Economic System, Factors of Efficiency of Public Institutions, Global Productivity, Public Utility, Global Economic System
Abstract:
The modern economic system demonstrates the inconsistency of the redistribution of gross value added
(GVA) and gross domestic product (GDP) in the direction of developed consumer countries. On the basis of
the system of indicators that characterize the effective socio-economic development of countries and the
optimal combination of statistical methods that allow us to classify and model the factors that form such a
performance of the economies of countries, the authors have established the reasons for their leading positions.
The article examines the systems of models of countries with different levels of socio-economic development,
their social utility and different degrees of development of institutions in each group of countries: developed
and developing. The evaluation and modeling showed that the Gini coefficient, which shows the degree of
social differentiation, has a high correlation with 4 indicators that characterize the efficiency of economic
development (consumer
confidence index, human development index, inflation index, and the share of hightech
industries in the GDP of countries). The authors proved that it is social utility that should ensure the
multilateral development of human potential, which, in turn, contributes to economic growth. The paper also
reveals the intensity of structural changes that may occur in the structures of gross value added and the
employed population in order to determine the trends of their further distribution by industry.
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