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Vol 16, No 1 (2016)

MACROECONOMIC ANALYSIS: METHODS AND RESULTS

5–17 80
Abstract

The article describes that after the periphery PIGS countries (Portugal, Ireland, Greece and Spain) joined the Eurozone, several factors previously improving PIGS' export competitiveness (undervalued national currency, protective customs duty, low compensation of employees) no longer work. It is revealed that in the pre-crisis years the rapid GDP growth in PIGS took place considerably by means of foreign loans. Moreover, external debt bubbles grew: high rates of economic growth facilitated the inflow of new foreign money used for both reinvestment and current external debt service. Besides, the share of «tradable» goods (that can be moved between countries and internationally traded) decreased in the GDP structures of PIGS. During the crisis, the PIGS' economic situation got worse (growth of external and public debts, decline in the GDP and in the investments, high unemployment). Conclusion: the Eurozone should either strengthen the integration (to increase the unification of laws in the economic and social spheres, to tighten control by the Eurozone central authorities), or get rid of the troubled countries. Otherwise, the current crisis, repeatedly flaring and fading, will persist for a long time.

MICROECONOMIC ANALYSIS: METHODS AND RESULTS

18–24 100
Abstract

Results of empirical surveys performed by Russian and foreign researchers with regard to behavior patterns of managers, authorized by owners to make investment decisions, are systematized. Analysis of management quality and decisions made by Russian oil and gas managers are performed using the following 2 criteria: market capitalization change and opinion of professional society. The purpose of the research is to attract attention to low management quality in Russian state owned oil and gas companies.

25–38 106
Abstract

The direction and effectiveness of the using mineral resources, as well as the development trend of the mineral markets, especially energy markets – is one of the central topics of the development of relevant industries. The article discusses the consumption of mineral energy resources in transport with the differentiation by the countries of the world. It proposed to improve the methods of forecasting of energy consumption in the transport sector in the medium and long term.

Relevance of the work associated with the leading role of the transport sector in the formation of oil demand in the world. In most developed and developing countries vehicle transport accounts for 60-70% of the total domestic oil consumption. Forecasting of energy demand is particular important to ensure energy security of the countries in the transport sector in the medium and long term.

Predicting energy consumption by road vehicles includes two main areas: the forecast of specific energy consumption vehicle and the forecast of the number of cars.

The authors examined historical data of specific energy consumption of road vehicle with the differentiation by the countries of Europe and Russia. The analysis revealed a steady decline in energy intensity in most advanced countries. However, this process is different in intensity decrease specific energy consumption and the time of occurrence of the trend.

An analysis of the specific energy consumption in the past 25 years has shown that the dynamics of the index most accurately described by an exponential function: the initial stage of reduction of energy consumption is more intensive than in subsequent periods. As a result, the general pattern was derived convergence of energy consumption and the parameters depending on the speed of lowering the energy intensity of its initial value.

On basis of trend models and identified reducing energy consumption depending on the speed of its entry-level may carry out the forecast of specific energy consumption for both developed and developing countries for which there is a limited number of historical data.

In order to improve the quality of forecasting specific number of vehicles, the authors of this article proposed to introduce additional parameters into the model, which would take into account differences in the countries of climatic, socio-economic, institutional conditions. As a result, it was identified five of the most significant factors affecting theratio of vehicles to population on basis of econometric analysis.

The proposed methodological approach to determining the specific energy consumption of vehicle road transport and proposals for improving the methods of forecasting the number of vehicles it possible to predict energy demand of the transport sector in the long term.

39–49 59
Abstract

The objective analysis and forecasting of heat saving in Russia are very difficult now as the statistical reporting under energy carriers is focused generally on indicators of production of fuel and energy, but not on indicators of their consumption. According to experts the main losses of FER happen when burning fuel on thermal power plant and boiler rooms. One of the main reasons of high losses of energy at a stage of transformation of fuel to electric and thermal energy is use of obsolete technologies of generation. In article the emphasis is placed on the analysis of possibility of reduction of losses of FER due to realization of innovative power technologies. On the basis of economic-mathematical tools (model of regional energy industry; current and expected fuel and energy balances of the region) the assessment of potential volume of reductions of losses of heat power on the example of the Kemerovo region is carried out.

50–60 81
Abstract

The author describes a method for estimation the economic efficiency, based on the input-output model. The proposed method develops the author of well-known methods of cost-benefits analysis. The method is used to assess the effectiveness of budget financing the establishment of Industrial logistics Park (PLP) in the Novosibirsk region (NSO). The estimation is based on the input-output model developed for the NSO. Economic benefits are assessed on the basis of growth in gross value added (GVA). This takes into account a number of losses GVA, for example, losses due to the displacement of existing producers, losses due to the purchase of imported resources, etc. Economiccosts is estimated as a fulloutput of the economy, necessary for the establishment and operation of the investment project.

61–73 118
Abstract

The article discusses the combination of tax regimes as a result of separation from the operating business of the revenues and costs for system of a united tax on imputed income (UTII) with the analysis of the tax consequences of such allocation. Three models of taxation were built: both variants of the simplified system of taxation from UTII and common system of taxation with UTII. We propose a rapid method of the most preferred system of taxation for small businesses’ selection depending material to labor costs ratio.

All these results could be implemented in the case when the company starts a new type of activity under the rules UTII, and solves the problem in the framework of the tax regime to conduct this activity – UTII applied or not, based on the criterion of tax savings. Using the relations describing the tax burden when combined tax regimes, we can determine what the yield should have a new business line and what cost structure should it have to reduce the tax burden. The main result is proposed approach that can be used as a tool of tax planning activities of small businesses.

INSTITUTIONAL ANALYSIS

74–85 108
Abstract

The description of essence of the phenomenon of «fiasco of a market mechanism» (failures of the market) is given. It is investigated the reasons of this phenomenon in a look (and) positive and negative outer effects (eksternaliya) of the market transaction (i. e. emergence of harm / advantage to other members of society from the transaction), it is specified that the sold goods (would) have character of the public bene-fit, i.e. use of this benefit of one member of society is equivalent to that, as other members of society are consumers of this benefit; or (in) about the insufficient competition, including, about monopoly, and also about the high level of corruption in national economy. The concept «corruption», through the concept «rent» reveals. Types of corruption acts are considered. The statement that corruption is an important aspect of fiasco of a market mechanism is formulated, often being the reason of failures of the market. In article this fact is discovered through consideration of set of schemes of influence of corruption on de-crease in efficiency of operation of the market mechanism. It is shown that corruption has the following negative consequences: (a) corruption expenses join in the prices, deforming the pricing mechanism; (b) corruption means unequal conditions for participants of the market; (c) corrupt officials unfairly drive honest businessmen out of the market; (d) corruption corrupts participants of economic activity; (e) these reasons of corruption acts have a consequence delay of economic development of the country, deform structure of society, reduce the level of personnel capacity of the country, slow down rates of NTP, cause a loss to public morals, reduce image of the country. In article the scheme of research of corruption Is stated by method of business games. By results of the made game experiments basic provisions of the concept of system of counteraction of corruption are formulated.

86–100 137
Abstract

The cost for supporting of innovation activities at the regional level in Russia is growing. But there is a strong differentiation between the regions in their results of innovation. One of the indicators is patents. In this paper, factors affecting patent activity were investigated, using the production function of knowledge (PFK). The main hypothesis was that the patent activity in Russia could not be modelled, because many patents does not have any commercial value. The econometric analysis shows that it is possible to highlight some of the major factorsб such as human capital, the costs of research, etc. In Russia, human capital is much more important factor of patent activity than abroad.

MANAGEMENT

116–125 106
Abstract

The increase in a share of brand sales in the market predetermines the big spectrum of application of estimated cost of a brand as major of company actives. In article advantages and lacks of private techniques of estimation of cost of brand Interbrand and V-RATIO are analyzed. It is shown, that definition of cost characteristics of a brand is a valuable source of the information at strategic management of the company, hence, the major making competitiveness of trade enterprise.

126–136 56
Abstract

As part of the research, the content of the required theoretical and methodological tools in the field of corporate finance investment projects of exploration and production of hydrocarbons described. Indicated cash flow characteristics of such projects in accordance with the phases of the project, identified the risks associated with cash flows. In practical terms, the proposed approach to the financing of projects includes sequential algorithm deciding on the implementation of funding is considered on case studies and can be used in the process of financial planning oil and gas companies, in building policy project financing, corporate procedures and regulations. In solving problems of theoretical and applied scientific methods used in the study, including methods of logical, comparative and systematic analysis, as well as methods of economic-mathematical modeling.

METHODOLOGY AND METHODS OF SOCIOLOGICAL RESEARCH

137–152 112
Abstract

The accelerated pace of change, modernization and innovative development of society require huge resources. Human potential, and above all, the potential of youth is, in our opinion, the central of them. In the article on the material of sociological research «The Continuing Education and the Social Well-being» conducted by the Department of social problems IEIE RAS SB, studied educational behavior, value assessment and motivation of continuing education among the economically active population of the region, compares the educational and professional potential of different groups of urban and rural population in two generations «youth – non-youth». «Youth» refers to the population aged 16–30 years, «non-youth» – a population of 31 to 45 years. The research problem that directed this research, is the lack of informed knowledge about the role of continuing education in the formation of human development of young people in different socio-territorial conditions. Amid quite a mass we of equipment for both urban and rural youth, the factor of computer and digital devices plays a role in the inclusion of young adults in continuing education. It was found a direct link of dissatisfaction about continuing education with lack of access to information technology (laptop, home Internet, digital office equipment, etc.) and with low material wellbeing of the family. Along with the importance of information technology in continuing education, young adults still considers the most preferred forms of supplementary professional education (hereinafter SPE) activities in organized courses with qualified teachers and methods. Differences in attitudes to supplementary professional education (SPE) between urban and rural youth are identified, first, by less involvement in the real educational activity (in particular, in formal education), compensated, however, by large intentions plans to engage in continuing education. Secondly, by different structure of types of training among these groups. So, in a large city there are more part-time students, but in rural areas – more participants of courses, receiving this way a new profession and rare training in «old» one.

It is revealed that the need for continuing education of the adult population is manifested at different levels of actualization – from smaller in the solution prolonging of operational production issues to medium (next 2–3 years) plans for education and to more about the massive level, when young workers is consider training in the context of their status in main profession (if necessary to pass examination, get certificate, obtain additional knowledge and skills, etc.). Learning in the formal education system expressed more clearly by pragmatic reasons (work, position, career), along with cultural and professional, and in SPE there are more professional and adaptive to the labour market, along with cultural ones. In this regard, we see opportunities to strengthen the effectiveness of continuing education in strategies of young people, and to focus of state youth policy on these tasks.

 
101–115 253
Abstract

The article analyzes the origin and development of the «economics of happiness», exploring how the subjective well-being depends on the income level. The paper presents various ways to measure of subjective well-being, the laws and relationships identified through an analysis opinion polls, presented the main conclusions obtained by different research teams. The centerpiece of the article covers the analysis of the debate around the Easterlin’s happiness-income paradox. The main purpose of the paper is to designate questions and discussion of current research topics in «economics of happiness», to identify gaps in approaches to research that gave rise to the debate around the happiness–income paradox. The main result is the identification of differences in the approaches to research that lead different groups of scientists to contradictory conclusions about the happinessincome relationship in the long term. The result can be used both in educational process and in research and development.

 
153–161 136
Abstract

The article is concerned about the experience of partnership in higher education between the biggest commercial bank in the Russian Federation, Sberbank, and Novosibirsk State University, the Economics Department. This academic year a new elective course for the students of the Economics Department of NSU has been conducted by Sberbank. It has some specificity in organizing the course and preparing the theoretical and practical issues of banking in the Russian Federation in case of Sberbank.



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ISSN 2542-0429 (Print)
ISSN 2658-5375 (Online)