The Productivity of Technological Modes in Economy of Greece and Portugal

Abstract

The article presents the results of the analysis of technological modes’ productivity in Greece and Portugal. The modeling of Kondratieff waves allowed to determine the dates of the origin, dominance and withering away of technological modes. The modeling of technological modes` productivity allowed determining the productivity of relict and modern technological modes in the economy of Greece and Portugal. The results showed that the productivity of relict modes in Greek economy is 1765 Gehry-Hemis dollars 1990, in Portuguese economy — 1435 Gehry-Hemis dollars 1990. The maximum productivity of the fifth mode in the economy of Greece is 9712 Gehry-Hemis dollars 1990, in Portuguese economy — 8030 Gehry-Hemis dollars 1990. The maximum productivity of the sixth mode in the economy of Greece is 20435 Gehry-Hemis dollars 1990, in Portuguese economy — 13856 Gehry-Hemis dollars 1990. The results of the research may be used in order to evaluate the productivity of modern technological modes in Russian economy.