Indicators of Efficiency of the Process of Implementation of the Optimization Model of Information Economy

Abstract

Purpose

The purpose of this chapter is to develop the indicators that are necessary for monitoring and controlling the efficiency of the process of implementation of information economy’s optimization model. For this, the authors used general scientific research methods – systemic, problem, structural, and functional analysis to determine the key components of balancing, along with a specific method of economics – the balance method – for determining the method of balancing of indicators.

Findings

On the basis of the complex analysis performed with the application of the above methods, the authors determined the main indicators of efficiency of the process of implementation of information economy’s optimization model essential for its successful monitoring and control. These indicators are systematized in connection to the noosphere levels and are presented in this work. The offered indicators of efficiency of the process of implementation of the information economy’s optimization model are recommended for systemic national and international monitoring and control during model implementation. The indicators for the current year, in comparison with the dynamics of previous years, could be used. The balance coefficients pose the largest value and provide the highest level of information as they reflect the results of analysis of intermediary indicators and offer information in the form that is ready for regulators. The offered indicators have to supplement the indicators used for evaluating the efficiency of economy’s formation according to the its old model.

Originality/Value

The indicators offered in this chapter focus on the balance model of information economy, however to compile a complete picture on the progress of its formation requires consideration of the values of the indicators used within the old model.

Citation

Ragulina, Y.V., Popova, E.V., Chistohodova, L.I., Mikhaylov, M.A. and Eremina, M.Y. (2018), "Indicators of Efficiency of the Process of Implementation of the Optimization Model of Information Economy", Sukhodolov, A.P., Popkova, E.G. and Litvinova, T.N. (Ed.) Models of Modern Information Economy, Emerald Publishing Limited, Leeds, pp. 237-244. https://doi.org/10.1108/978-1-78756-287-520181024