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Turbulence of Economic Processes: Theoretical Aspects

https://doi.org/10.32609/0042-8736-2009-11-90-97

Abstract

The article discusses turbulence of economic processes as a result of relative velocities of economic system elements. It is underlined that turbulence is the property of macroeconomic dynamics. The main reason of turbulence in economic system is the discrepancy between the velocity of deals contracting and the velocity of obligations executing. The process approach to the analysis of economic system as a set of processes is proposed. Using Lorentz transformations for turbulence analysis is discussed.

About the Author

V. Burlachkov
Institute of Economics, Russian Academy of Sciences
Russian Federation


References

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Review

For citations:


Burlachkov V. Turbulence of Economic Processes: Theoretical Aspects. Voprosy Ekonomiki. 2009;(11):90-97. (In Russ.) https://doi.org/10.32609/0042-8736-2009-11-90-97

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ISSN 0042-8736 (Print)