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The value basis of structural economic policy

  • Macroeconomic Studies
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Studies on Russian Economic Development Aims and scope

Abstract

Modern theoretical constructs that permit to spell out views of the goals, nature, and form of government intervention in the economy are reviewed. The authors’ conclusion is that modern approaches to pricing, far from supporting the “laissez faire” concept, clearly show the necessity of structural economic policy by the government. In elaboration of the notion of interrelation of the theories of qualitative heterogeneity of resources and specific assets it is proposed that the price formation structure (in particular, the structure of value added in the price) be studied as an objective reflection of the economic policy priority scheme.

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Original Russian Text © A.O. Verenikin, D.I. Voloshin, 2006.

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Verenikin, A.O., Voloshin, D.I. The value basis of structural economic policy. Stud. Russ. Econ. Dev. 17, 123–135 (2006). https://doi.org/10.1134/S107570070602002X

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