A physiologically based population dynamics model of a renewable resource is used as the basis to develop a model of human harvesting. The model incorporates developing technology and the effects of market forces on the sustainability of common property resources. The bases of the model are analogies between the economics of resource harvesting and allocation by firms and adapted organisms in n...

Hardly ever has a concept introduced by evolutionary economists been more successful in the political discourse than the one of a ‘knowledge-based economy’ (Foray & Lundvall, 1996; Abramowitz & David, 1996). This assumption of a qualitative transition in the economic conditions has become commonplace among policy-makers and mainstream economists (OECD, 1996). The abbreviation ‘KBE’ has even bec...

Motivated by Feder’s two-sector model concerning exports and growth, this article intends to propose a dynamic framework, which bases on the production function theory and consists of two versions of the two-sector (the financial sector and the real sector) model, for analyzing the interrelation between financial development and economic growth in terms of intersectoral externalities. The appro...

Background. The main deposits of Donbass and their mineral resource potential are considered. Aim. To develop a strategy for the socio-economic development under contemporary political economic conditions, with focus on human capital further integration Russian Federation, CIS, friendly countries. Materials methods. A multipronged approach was used to define contours, directions, stages Donbass...