ON THE ISSUE OF ESTIMATING THE EFFECTIVENESS OF INDUSTRIAL POLICY

Authors

Keywords:

Industrial complex, industrial policy, efficiency, assessment tools, economic and mathematical modelling, indicators

Abstract

At the present stage of development of the domestic economy, characterized by digital transformation and sanctions restrictions in the financial and technological spheres, the relevance of issues of assessing the effectiveness of industrial policy for the purposes of managing economic growth processes and regulating industrial development is increasing significantly. Methodologically, this issue is a priori quite complex. At the same time, the methods developed to date also do not always provide the necessary set of information and analytical data for the purposes of effective management. In addition, the emergence of new growth factors (in particular, widespread informatization and artificial intelligence technologies) or its limitations (technological and financial sanctions) requires taking into account their influence and, accordingly, improving and developing the existing methodology and methodological tools for assessing the effectiveness of industrial policy.

In this regard, the object of the study is industrial policy, the subject is its effectiveness, and the goal is to develop and formalize the author’s methodological approach to assessing the effectiveness and efficiency of industrial policy, based on the principle of the need to achieve the initially set goals and results obtained, based on the use of economic methodology -mathematical modeling. During the research, foreign and domestic approaches to assessing the effectiveness of industrial policy were analyzed and the author’s approach was proposed, which is based on four blocks of interrelated indicators and, accordingly, methods for their calculation.

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Author Biography

E. N. Starikov, Ural State Economic University (Ekaterinburg)

Ph.D. in Economics, Associate Professor, Associate Professor of the Chess Art and Computer Mathematics Department
Senior Researcher at the Center for Structural Policy, Institute of Economics, Ural Branch of the Russian Academy of Sciences (Ekaterinburg)

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Published

2024-03-13

How to Cite

Starikov Е. Н. . (2024). ON THE ISSUE OF ESTIMATING THE EFFECTIVENESS OF INDUSTRIAL POLICY. DISCUSSION | Journal of Scientific Publications on Economic ISSN 2077-7639, 120(5), 26–36. Retrieved from https://discussionj.ru/index.php/polemik/article/view/132