Aliaksei Bykau

Aliaksei Bykau
Belarus State Economic University | BSEU · Department of Economics

About

14
Publications
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9
Citations

Publications

Publications (14)
Article
Full-text available
Currently, the key and budget-forming sector of the Russian economy is still the oil industry, which includes the production, processing, transportation and sale of oil and oil products. The share of the oil industry in the country’s GDP amounted to above 40%, and, taking into account the petrochemical and manufacturing industries, exceeds 50%. In...
Conference Paper
The paper shows that the digital economy operates in accordance with fundamentally new laws that differ from the traditional laws of a market economy. The main goal of digital companies and start-ups is not to maximize profits and capitalization, but to achieve stakeholder benefits by ousting competitors from traditional markets.
Article
Full-text available
The purpose of this article is to quantify the impact of exchange rate fluctuations on the main macroeconomic indicators based on the input-output methodology. The assessment is carried out by solving the corresponding systems of equations in dual and direct Leontiev model based on the official data of the input-output tables of the Republic of Bel...
Article
Full-text available
Authors made an attempt to evaluate the impact of the COVID-19 pandemic on the economy of Russian Federation, based on estimates of domestic demand decrease for each of the 98 industries (products) identified in the system of input-output tables. The analysis was carried out in the context of identifying two key factors of demand changes: lockdown...
Article
Full-text available
Known approaches generally named as ‘embodied energy analyses’ used in the production and consumption of fuel and energy studies and based on input-output tables statistics are considered. These approaches are combined by transferring the energy costs associated with the production of intermediate products to the cost of the final products, which a...
Article
Full-text available
Trends of economic and technological development are discussed in the article on the basis of analysis of historical statistical data starting from 19th century. Benchmark analysis of incidence of special economic and technical terms usage in literature with the help of Google Books Ngram was chosen as a tool of historical analysis. A hypothesis is...
Article
Full-text available
gross foreign debt were reduced, the local currency strengthened. The problem is in provide trade surplus should grow faster. Government was stimulated both investment and consumer demand in the period from 2006 to 2014. As a result, GDP growth reached 5-12%, but subsequently the gross foreign debt exceeded 75% of GDP. We have found that economic g...
Article
Full-text available
The aim of this study is to determine the main factors influencing construction industry taking into consideration the Thirlwall's balance of payments constraint. Belarusian experience has demonstrated that a small open economy has a very limited ability to stimulate economic growth by investing in the construction of housing, social facilities and...
Book
Full-text available
Chapter 1. Trade in value added: evolution, indicators, world trends. Chapter 2. Trade imbalances: the dynamics and role of the energy sector. Chapter 3. Macroeconomic analysis of value chains. Chapter 4. Microeconomic analysis of units in value chains. Chapter 5. Modernization, innovation and new industrialization as factors of balanced economic g...

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Projects

Projects (3)
Project
To apply input-output methodology for a range of macroeconomic issues
Project
Find new factors contributing economic growth using Big Data. Explicate Kondratiev's long waves hipothesis through cyclical dynamics of innovations and the theory of generations. Consider limitations of economic growth.