TY  - JOUR
T1  - Modeling of Asynchronous Business Cyclesbased on G. Mensch Metamorphosis Model
AU - Enikeeva, L.A. AU - Korovin, K.O. AU - Petryakov, A.A. 
JO  - International Business Management
VL  - 10
IS  - 15
SP  - 2788
EP  - 2794
PY  - 2016
DA  - 2001/08/19
SN  - 1993-5250
DO  - ibm.2016.2788.2794
UR  - https://makhillpublications.co/view-article.php?doi=ibm.2016.2788.2794
KW  - Asynchronous cycles
KW  -innovation waves
KW  -metamorphosis model
KW  -technological development
KW  -asynchronous business cycle
KW  -the system of macroeconomic indicators
AB  - Development and complication of state economies cause an issue of asynchronous cycle processes. The system of macroeconomic indicators cannot be considered as perfect, wherefore trend deviations are conventionally characterized by harmonic motion. This study covers a mathematical model of innovation waves, based on the metamorphosis model of G. Mensch. This model demonstrates correlation between technological development and economic growth. This model applies statistical data on GDP, real gross private domestic investment and personal savings. The model presented can be applied for studying of asynchronous business cycles. While the model is only basic, it needs to be further improved.
ER  -