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Universal system of the production factors
 
PIIS042473880020011-1-1
DOI10.31857/S042473880020011-1
Publication type Article
Status Published
Authors
George Kleiner 
Occupation: Deputy Scientific Adviser
Affiliation:
Central Economics and Mathematics Institute, RAS
Financial University under the Government of the Russian Federation, State University of Management
Address: Moscow, Russian Federation
Journal nameEkonomika i matematicheskie metody
EditionVolume 58 Issue 2
Pages22-31
Abstract

In this article, based on the new theory of economic systems, we propose a universal concept of the factors of economic activity, suitable for modeling economic systems of various scales, nature, and purpose. The concept described in the article indicates the objective genesis of a unified system of aggregated factors of production, particular cases of which are the classical theory of factors of production, marginal theory of factors, and intellectual theory of factors. The first case is characteristic of the industrial economy; the second is characteristic of the industrial and post-industrial economy; the third is characteristic of the knowledge economy and the intellectual economy. At the same time, we refine the concept of a factor of production and a system of factors, representing a set of independent processes that are generally necessary and sufficient for the implementation of production and have a similar aggregation level to a description of the results of economic activity. When developing a universal system of factors of production, we also modernize the concept of an economic phenomenon and the economic space-time that serves as a container for these phenomena. Thus, economic space-time is like the physical space-time, at each point of which the reserves of substance (in the economic space — goods) and energy (in the economic space — the ability to use space-time resources effectively) are concentrated. The possibilities of conjugation of the action of internal and external universal factors on the enterprise functioning are explored. An example of constructing a parametric production function based on a system of universal factors of production is given.

Keywordstheory of production factors, system paradigm, neoclassical system of production factors, intelligence system of production factors, universal system of production factors, economic phenomena, production function.
AcknowledgmentThis study was supported by the Russian Foundation for Basic Research (project 20-010-00835).
Received02.06.2022
Publication date18.06.2022
Number of characters34655
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