Main Article Content
In this paper we propose the new version of the model of the production side of the Russian economy presented in . We add several new features such as more general production function, more tractable human capital variable and the method of COVID-19 pandemic shock description. The new version of the model is capable of reproducing the wide set of main Russian macroeconomic indicators with sufficiently high accuracy even during the COVID-19 pandemic.
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How to Cite
Radionov, S., & Pilnik, N. (2022). The Model of the Production Side of the Russian Economy: the Updated Version. Advances in Systems Science and Applications, 22(3), 124-134. https://doi.org/10.25728/assa.2022.22.3.1271