Pushkinskaya st. 43. office 10
Rostov-on-Don, Russia
e-mail: info@hjournal.ru 
tel. +7(863) 269-88-14

cubsEN (2)

Meso-Level of Economy: Theoretical Approaches and Math Modeling

Meso-Level of Economy: Theoretical Approaches and Math Modeling

Journal of Institutional Studies, , Vol. 11 (no. 1),

In the paper we will present a retrospective analysis of the development of the mesoeconomic idea from the first mention of the term in research literature (Wittfogel, 1962) to research papers now being published. Three main trends of meso level understanding in modern English language heterodox economic literature can be identified: the Neo-Schumpeterian Interpretation, the Evolutionary Approach and Neo-Institutionalism. The paper will consider all three trends with a consistent approach, showing the interrelations, similarities, and differences between them. The analysis shows the main difference between the English-speaking and Russian-speaking traditions of mesoeconomic research. For the English-language work a typical feature is reflection on the need to overcome methodological individualism in economic research, to better understand the emerging processes and the institutionalization of the rules of interaction between economic individuals. The consideration by Russian or, more precisely, post-Soviet economists of mesoeconomic topics has been conditioned by the historical realities of transition from the Soviet planned economy to the market economy of post-Soviet Russia. We will also consider the mathematical models developed by Russian scientists as applied to mesoeconomic research. There are four main groups. The first group of models is based on Econophysics ideas. The second group develops agent-based models. The third group is based on the Optimal Multisectoral Interregional Models. The fourth group considers economic systems differentiated by the age of fixed capital. This fourth group includes math models based on the theory of the shifting mode of economic reproduction.

Keywords: mesolevel of economic analysis; heterodox economics; economic orthodoxy; institutional mesoeconomics

  • Akaev, A. (2000). Transition economy through the eyes of physics. Bishkek. Uchkun, 262 p. (In Russian).
  • Ayres, R. U. and Martinas, K. (2005). In: Elgar, E. (Ed.) On the Reappraisal of Microeconomics. Cheltenham, UK, Northampton, MA, USA.
  • Braginskiy, O. B. (2012). Methodology and Practice of Working out Multyindustry Complex Program (an Example of Petrochemical Complex). Journal of New Economic Association, 4, 127–147. (In Russian).
  • Burkov V. N. and Novikov D. A. (2009). The Theory of Active Systems – 40 years // The Theory of Active Systems / Proceedings of the international scientific-practical conference (November 17–19, 2009, Moscow, Russia). Vol. I. General edition – V. N. Burkov, D. A. Novikov. M.: IPU RAS. 314 p. (In Russian)
  • Chekmareva, E. A. (2016). Review of Russian and foreign experience of agent-oriented modeling of complex socio-economic mesolevel systems. Economic and social changes: facts, trends, forecast, 2 (44), 225–246. (In Russian).
  • Chen, P. (2008). Equilibrium illusion economic complexity and evolutionary foundation in economic analysis. Evolutionary and Institutional Economics Review, 5(1), 81–127.
  • Chernavsky, D. S., Starkov, N. I. and Shcherbakov, A. V. (2002). On some problems of physical economics. Phys. Usp, 45, 977–997. (In Russian).
  • Cole, A. H. (1968). Meso-economics: a contribution from entrepreneurial history. Explorations in Entrepreneurial History, New York, 6.1 (Fall 1968), 3–33.
  • Dementiev, V. V. (2002). Theory of the national economy and the mesoeconomic theory. Russian Economic Journal, 4, 71–82. (URL: http://www.cemi.rssi.ru/publication/epublishing/dementiev/old/REJ4-2002.pdf –Access Date: 28.12.2018). (In Russian).
  • Dopfer, K., Foster, J. and Potts, J. (2004). Micro–meso–macro. Journal of Evolutionary Economics, 14(3), 263–279.
  • Dopfer, K. (2012). The origins of meso economics. Schumpeter’s legacy and beyond. Journal of Evolutionary Economics, January 2012, 22(1), 133–160.
  • Elsner, W. (2007). Why Meso? On „Aggregation“ and „Emergence“, and Why and How the Meso Level is Essential in Social Economics. Forum for Social Economics. April 2007, 36(1), 1–16.
  • Elsner, W. and Heinrich, T. (2009). A simple theory of ‘meso’. On the co-evolution of institutions and platform size – With an application to varieties of capitalism and ‘mediumsized’ countries. The Journal of Socio-Economics, 38, 843–858.
  • Elsner, W. and Heinrich, T. (2010). Towards ‘Meso’-Economics. On the Co-Evolution of Institutionalized Coordination, ‘Platform’ Size, and Performance.
  • Gareev, T. R. (2010a). Institutes and economic development at the sub-regional (meso-) level. Social sciences and modernity, 5, 45–58. (In Russian).
  • Gareev, T. R. (2010b). Regional institutionalism: terra incognita or terra ficta? Journal of Institutional Studies, 2, 7–37. (In Russian).
  • Gelvanovsky, M., Zhukovskaya, V. and Trofimova, I. (1998). Competitiveness in micro, meso- and macrolevel measurements. Russian Economic Journal, 3, 67–78. (In Russian).
  • Haken H. (2014). Information and Self-Organization. Moscow: URSS: LENAND. (In Russian).
  • Hodgson, G. M. (2000). From micro to macro: the concept of emergence and the role of institutions. In: Burlamaqui, L., et al. (Eds.), Institutions and the Role of the State. Edward Elgar, Cheltenham, UK, Northampton, MA, USA, 103–126.
  • Holland, S. (1987). The Market Economy: From Micro to Mesoeconomics. St. Martin’s Press, Weidenfeld and Nicholson, London.
  • Izmalkov, S., Sonin, K. and Yudkevich, M. (2008). Theory of Mechanism Design (2007 Nobel Prize in Economics). Voprosy Ekonomiki, 1, 4–26. (In Russian)
  • Kantorovich, L. V., Zhiyanov, V. I. and Khovansky, A. G. (1978). The analysis of dynamics of economic indicators on the basis of single-product dynamic models. Sb.tr. VNII sistemnyh issled., 9, 5–25. (In Russian).
  • Keynes, J. M. (1936). The General Theory of Employment, Interest and Money. London: Macmillan (reprinted 2007).
  • Kirdina, S. G. (2015). Methodological institutionalism and mesolevel of social analysis. Sotsiologicheskie Issledovaniia, 12, 51–59. (In Russian).
  • Kirdina, S. G. (2013). Methodological Individualism and Methodological Institutionalism. Issues of Economics, 10, 66–89. (In Russian).
  • Kirdina, S. G. (2016). Between macro and micro: methodological problems of meso-level analysis of the economy. New Research in Heterodox Economics: Russian Contribution. Monograph. Moscow, IE RAS. (In Russian).
  • Kirdina-Chandler S. G. and Maevsky V. I. (2017). Methodological Issues of the Mesolevel Analysis in Economics. Journal of Institutional Studies, 9(3), 7–23. (In Russian).
  • Kirilyuk, I. L. (2016). The discrete form of the equations in the theory of the shifting mode of reproduction with different variants of financial flows. Computer Research and Modeling, 8(5), 803–815. (In Russian).
  • Kirilyuk, I. L. (2017). Economic-Mathematical Models for Studying of Mesolevel of Economy. Journal of Institutional Studies, 9(3), 50–63. (In Russian).
  • Kleiner, G. B. (2003). Mesoeconomic problems of the Russian economy. Economic bulletin of Rostov State University, 1(2), 11–18. (In Russian).
  • Korotaev, A. V., Malkov, A. S. and Khalturina, D. A. (2007). Compact mathematical macromodel of technical-economic and demographic development of the world-system (1-1973). Justification. History and modernity, 1, 9–37. (In Russian).
  • Kruglova, M. S. (2017). Mesoeconomic theory in english-scientific literature. Journal of Institutional Studies, 9(3), 24–35. (In Russian).
  • Makarov, V. L., Bakhtizin, A. R., Sushko, E. D., Vasenin, V. A., Borisov, V. A. and Roganov, V. A. (2016). Agent-Based Models: Worldwide Experience and Technical Implementation Capabilities on Supercomputers. Bulletin of the Russian Academy of Sciences, 86(3), 252–262. (In Russian).
  • Malinetsky, G. G. and Podlazov, A. V. (1997). The paradigm of self-organized criticality. The hierarchy of models and the limits of predictability. News of universities. Applied nonlinear dynamics, 5(5), 89–106. (In Russian).
  • Malkov, S. Yu. and Kirilyuk, I. L. (2013). Modeling the dynamics of competing communities: options for interaction. Information wars, 2 (26), 49–56. (In Russian).
  • Maevsky, V. I. and Malkov, S. Yu. (2013). A New Approach to the Theory of Reproduction. Moscow, INFRA-M, 238 p. (In Russian).
  • Mesoeconomics of the transition period: markets, industries, enterprises. (2001). Moscow: Nauka, 516 p. (URL: http://kleiner.ru/wp-content/uploads/2014/10/mezo_kleiner_pr1.pdf – Access Date: 28.12.2018). (In Russian).
  • Mesoeconomics of development / ed. Member of corr. RAS G.B. Kleiner (2011). Central Economics and Mathematics Institute of the Russian Academy of Sciences. Moscow, Nauka, 805 p. (URL: http://kleiner.ru/wp-content/uploads/2014/09/Mezo-razv1.pdf – Access Date: 28.12.2018). (In Russian).
  • Ng, Y.-K. (1986). Mesoeconomics: A Micro – Macro Analysis. New York, St. Martin’s Press.
  • Ng, Yew-Kwang (1982). A Micro-Macroeconomic Analysis Based on a Representative Firm. Economica, N.S., 49(194), 121–139.
  • Olenev, N. N. and Pospelov, I. G. (1989). Exploring of the Investment Policy of Firms in Market Economy. In: Mathematical Modelling: Methods of Description and Investigation
  • of Complex Systems / Ed. A. A. Samarsky, N. N. Moiseev, A. A. Petrov / Moscow, Nauka, 175–200. (In Russian).
  • Ozawa, T. (1999). Organizational efficiency and structural change: a meso-level analysis. In: Boyd G, Dunning HJ (eds) Structural change and cooperation in the global economy. Elgar, Cheltenham, 160–190.
  • Popov, E. V. (2007). Evolution of Minieconomical Institutions. Moscow, «Nauka Publishers». (In Russian).
  • Rodgers, Y. and Cooley, J. (1999). Outstanding Female Economists in the Analysis and Practice of Development Economics. World Development, 27:8, 1397–1411.
  • Romanovsky, M. Yu. and Romanovsky, Yu. M. (2012). Introduction to Econophysics: Statistical and Dynamical Models. Moscow – Izhevsk, Regular and Chaotic Dynamics, 340 p. (In Russian).
  • Stewart, F. (1992). Can Adjustment Programmes Incorporate the Interests of Women? Afshar and Dennis, 13–45.
  • Suslov V. I. (2011). Analysis and Forecasting of Spatial Economic Development of Russia Using Inter-Industry Models. Management Consulting, 3, 93–105. (In Russian).
  • Volynskii, A. I. (2017). Mesolevel as object of research in the scientific economic literature of contemporary Russia. Journal of Institutional Studies, 9(3), 36–49. (In Russian).
  • Wittfogel, К. A. (1962). Agrarian Problems and the Moscow-Peking Axis. Association for Slavic, East European, and Eurasian Studies. Get access, 21(4) December, 678–698.
Publisher: Ltd. "Humanitarian perspectives"
Founder: Ltd. "Humanitarian perspectives"
Online-ISSN: 2412-6039
ISSN: 2076-6297