Analysis of the economic dynamics of the US, the USSR and Russia with the help of the SMR-model

The Shifting Mode of Reproduction (SMR) model is used as a tool for analyzing some of the dynamic processes inherent in the USA in 1947-2010, the USSR in 1961-1990, and modern Russia in 1992-2016. In particular, the model has not only recorded a well-known fact of increasing inefficiency of fixed assets in the USSR, but also helped establish the main causes of this phenomenon. The model has been confirmed both by the fact of surplus savings-growth at the hands of the population in the last years of the existence of the USSR, and the fact of the collapse of these savings in Russia in 1992-1994. Finally, using the SMR-model it is shown that despite serious difficulties in 2009-2015 the process of increasing the share of young fixed capital in the Russian economy has been identified, which indicates the beginning of qualitative changes in its structure.