{"title":"The Concept of Economic Equilibrium in Spatial Systems","authors":"N. Ibragimov","doi":"10.25205/2542-0429-2021-21-4-5-23","DOIUrl":"https://doi.org/10.25205/2542-0429-2021-21-4-5-23","url":null,"abstract":"Interregional integration is the most important property and form of manifestation of the unity of any economic space, in particular Russian. The study of this phenomenon is a significant area of research on the spatial development of the country. In the article the historical preconditions of the used approaches based on the theory of economic equilibrium have been studied and systematized. We have described and analyzed various forms of spatial economic equilibrium which are adequate to the modern level of development and mathematical representation of economy. The development of the concept of economic equilibrium in economic and mathematical models is presented. It is shown that the simplicity of the mathematical structure of the OMIOM allows, using all the concepts of economic equilibrium, to analyze the features of interregional economic interactions and assess the degree of economic interdependence of the regions of Russia. The economic space in the OMIOM is presented discretely, in the context of macro-regions, which are federal districts or their large fragments, uniting several subjects of the federation. The economy of each macroregion is presented in the context of the aggregated sectors of production of goods and services. For sectors with transportable products, interregional transport and economic ties are taken into account.","PeriodicalId":156080,"journal":{"name":"World of Economics and Management","volume":"84 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-12-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133582549","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Multi-Criteria Approach to Assessing the Investment Attractiveness of Innovative Projects","authors":"E. A. Obuhova","doi":"10.25205/2542-0429-2021-21-4-103-123","DOIUrl":"https://doi.org/10.25205/2542-0429-2021-21-4-103-123","url":null,"abstract":"Realistic evaluation of the investment attractiveness of the financed project is the basis for the successful functioning of a venture investor. At the same time, investors often have to act in conditions of a severe lack of information, especially when it comes to projects at an early stage of the life cycle. In these cases, they use multi-criteria methods for assessing investment attractiveness, often also called scoring methods. The aim of this work is to develop a methodology for assessing the investment attractiveness of innovative projects at the early stages of the life cycle, both based on an analysis of theoretical approaches in the field of venture economics, and based on an analysis of existing business practices.We have proposed a method for assessing the investment attractiveness of a project based on dividing the criteria into three macro groups (market and entry strategy, team and product). At the same time, we used a concept that allows us to interpret the value of each of the assessed parameters (seven in each macro group) as a positive or negative signal given by the project to a potential investor.An important difference between the presented methodology and others described in the professional literature is the combination of the use of theoretical models with an in-depth analysis of the criteria used in practice by various players in the venture capital market (funds, business angels, etc.), which together form the methodological basis of the work. This combination of the use of sources of information on the criteria for evaluating projects determines the scientific novelty of the study. The practical significance lies in the possibility of applying the proposed methodology both by venture investors and other actors of the venture capital ecosystem for making specific financial decisions.","PeriodicalId":156080,"journal":{"name":"World of Economics and Management","volume":"17 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-12-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125514828","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Biotechnology Market Development: Global Trends and the Place of Russia","authors":"O. Valieva","doi":"10.25205/2542-0429-2021-21-4-82-102","DOIUrl":"https://doi.org/10.25205/2542-0429-2021-21-4-82-102","url":null,"abstract":"The article deals with the development, functioning and regulation of the biopharmaceutical market in Russia and in the world. The statistics of investments in research and development in the private and public sectors are presented, it is concluded that the leading countries over the past ten years have gradually increased the growth rates of investments in R&D and built technological chains in various countries of the world. The data show that the structure and configuration of production, technology and sales chains in the world economy has changed over ten years, if the United States dominated earlier, then from the beginning of 2010 China has become an active player in this process. Using the example of the largest global biotechnology corporations, the importance of investments in research and development and their relationship with income levels is shown. According to the calculations, Russian pharmaceutical companies are seriously lagging behind their competitors in terms of key economic indicators.","PeriodicalId":156080,"journal":{"name":"World of Economics and Management","volume":"29 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-12-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"117243270","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Assessing the Impact of Income Inequality on the Growth of National Economies: Bayesian Approach","authors":"A. Nussupov, N. Baizakov, D. Shymyrbek","doi":"10.25205/2542-0429-2021-21-4-47-60","DOIUrl":"https://doi.org/10.25205/2542-0429-2021-21-4-47-60","url":null,"abstract":"The article assesses the relationship between income inequality and economic growth rates. We believe that such an assessment will help to define the prerequisites and conditions for the transition of economic growth rates into qualitative determinants. In the study we consider the net national income as an indicator of economic growth. The novelty of the study is in the use of the Bayesian approach in order to assess the interdependence of inequality in countries with different income levels and their economic growth rates. The assessment tool is the original Bayesian econometric model with variation of probable determinants. In the context of the study, the Bayesian approach reflects the interaction between the growth rates of net national income and inequality indicators for different income groups of countries in accordance with the World Bank classification. Empirical analysis of 164 countries data show a positive relation for low-income countries","PeriodicalId":156080,"journal":{"name":"World of Economics and Management","volume":"60 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-12-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129410614","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Changing Internet Practices of Urban Youth during the Pandemic (On Example of Novosibirsk)","authors":"V. Ivanova, А. V. Shishkin","doi":"10.25205/2542-0429-2021-21-4-187-204","DOIUrl":"https://doi.org/10.25205/2542-0429-2021-21-4-187-204","url":null,"abstract":"The article analyzes a topical topic dedicated to changing the Internet practices of urban youth in the context of the coronavirus pandemic. The purpose of the study is to identify changes in Internet practices and their components among young people living in the city of Novosibirsk in a pandemic. The relevance, as well as scientific novelty, of research is caused by such a phenomenon as a pandemic, as a result of which there has been a change in the preferences of using the Internet among young people. Talking about the relevance, it should be mentioned that in a pandemic, the Internet provides the basis for the emergence of new and transformation of old Internet practices. In addition, the number of sociological studies studying the life of people before and after the pandemic and the role of the Internet in the changed living conditions under the influence of the pandemic has increased recently, since this is one of the relevant and important topics for discussion in the scientific community. Based on the data from the RCSPO polls for 2018 and 2020, the context of the situation under study was described. Through a series of face-to-face and online interviews (conducted in 2021) with young people aged 18– 24 living in Novosibirsk, the most subject to change were identified aspects of the implementation of Internet practices in the context of the pandemic. The study revealed a change in the structural elements of Internet practices after the pandemic and the emergence of new goals for using the Internet. The results of the study confirm the thesis about the emergence of a “new reality” and show how young people adapt to it.","PeriodicalId":156080,"journal":{"name":"World of Economics and Management","volume":"28 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-12-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125572371","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Estimation of Various Shocks Influence on the Dynamics of Russian Macroeconomic Indicators in 2014–2018","authors":"Y. Dzyuba, D. Kolyuzhnov","doi":"10.25205/2542-0429-2021-21-4-24-46","DOIUrl":"https://doi.org/10.25205/2542-0429-2021-21-4-24-46","url":null,"abstract":"stract In this paper, we analyze the influence of various macroeconomic shocks caused by anti-Russian sanctions and a sharp decrease in the hydrocarbon prices in the middle of the last decade. We estimate the total loss in the economy and identify the shocks that provoked the decline in GDP and the increase in inflation from 2014 to 2018 using the DSGE approach and the obtained historical decompositions. According to the calculations, the inflation growth from 2014 to 2015 can be interpreted as the sum of the adverse effects of the change in household preferences, and the shock in oil prices. The observed GDP decline from the second quarter of 2014 to the third quarter of 2015 is explained by the synergistic effect of monetary policy shocks and the sharp drop in oil prices. According to our calculations, the total loss in the economy due to the described shocks in real terms is equal to 6.4 trillion rubles in 2011 prices.","PeriodicalId":156080,"journal":{"name":"World of Economics and Management","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-10-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125804593","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Dynamics of Small and Medium-Sized Enterprises Tax Revenues of the Oil and Gas Regions of Western Siberia Budgets in the Period COVID-19","authors":"D. A. Oboznyy, M. Selyukov","doi":"10.25205/2542-0429-2021-21-3-30-44","DOIUrl":"https://doi.org/10.25205/2542-0429-2021-21-3-30-44","url":null,"abstract":"During the COVID-19 pandemic, Small and medium-sized enterprises have been significantly affected. Domestic measures of state support, including tax incentives, have become an important support factor. The corresponding Resolution provided for the expansion of opportunities to support the implementation of regional support measures. We found that the choice of a model of behavior by the regional authorities in our case depended on the level of favorable regional environment for the development of SMEs, as well as the level of diversification of regional production. We carried out an initial comparison of the consequences of the implementation of different support models in three similar regions and predicted the impact of the implemented regional support model on the future development of SMEs. The costs of the region for additional support measures, calculated as the lost budget income, in terms of one employee employed in medium and small businesses, turned out to be very insignificant. We draw a conclusion about the high economic and political efficiency of support measures associated with reducing the tax burden. It can be said that the regions that did not expand the support measures provided for by Resolution № 409 at the expense of the regional package missed the chance to convert small funds in support of the population.","PeriodicalId":156080,"journal":{"name":"World of Economics and Management","volume":"8 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-10-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128917526","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Impact of Monetary Policy on the Investment Complex of Russia","authors":"A. Baranov, E. Ageeva","doi":"10.25205/2542-0429-2021-21-3-5-29","DOIUrl":"https://doi.org/10.25205/2542-0429-2021-21-3-5-29","url":null,"abstract":"An active discussion continues in Russia regarding the monetary instruments used and the degree of their impact on economic dynamics. The article examines the impact of the monetary policy implemented by the Central Bank of the Russian Federation on the investment complex in the period from 2000 to 2021. For this period, an analysis of the dependence characterizing the investment complex of Russia on the monetary policy is carried out. In the paper, the investment complex is considered with a breakdown into mechanical engineering, residential and non-residential construction, investments in fixed assets. At the same time, mechanical engineering is studied in detail with a breakdown into subsections of Russian National Classifier of Economic Activities and, additionally, for five enlarged industries. Most of the constructed regression equations demonstrate a statistically significant effect of indicators that are influenced by monetary policy instruments on the dynamics of the main indicators of the investment complex. For example, the interest rate affects the overwhelming number of variables under consideration, and the money supply affects each type of investment in fixed assets, in contrast to other independent variables. For the predominant part of the equations, the value of the coefficient of determination is more than 80%, which indicates a good quality of the model and reliably selected explanatory variables. Based on the results of the calculations, it was concluded that monetary policy has an impact on the investment complex of Russia. This determines its importance for the formation of promising dynamics of the Russian economy.","PeriodicalId":156080,"journal":{"name":"World of Economics and Management","volume":"264 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-10-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125807597","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Causal Relationship between Environmental and Financial Indicators of Russian Industrial Companies","authors":"V. Karginova-Gubinova","doi":"10.25205/2542-0429-2021-21-3-70-88","DOIUrl":"https://doi.org/10.25205/2542-0429-2021-21-3-70-88","url":null,"abstract":"The high level of negative impact on the environment and the deterioration of its quality necessitate the greening of production and economic activities. The purpose of this study was to determine the direction and degree of the causal relationship between the environmental and financial indicators of Russian industrial companies. Taking into account the lack of a systematic study of the relationship between the level of environmental responsibility of Russian companies and their financial condition, as well as only single works analyzing all possible types of causation of corporate indicators, the stated goal looks relevant and significant. The research methodology assumed the use of applied statistics methods. In the course of the work, the direction and strength of the correlation were determined for different periods of time both between individual environmental and financial indicators, as well as for their aggregation. It was shown that the predominantly financial interests of Russian industrial companies and public env ironmental interests are weakly but positively interrelated, except for such objects as air pollution and waste. It is concluded that there is an institutional trap in the stock mark et that prevents an effective transition to a green economy. Recommendations are given for increasing the level of greening of Ru ssian companies. The conclusions drawn expand knowledge in the field of green economy and green finance in particular. The practical importance of the work for corporate managers is determined by the ability to predict the dynamics of environmental and financial indicators when developing plans to increase the level of environmental responsibility of the company, and for state and municipal authorities – the ability to effectively motivate companies to green their activities.","PeriodicalId":156080,"journal":{"name":"World of Economics and Management","volume":"54 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-10-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129291733","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Methodology for Assessing Synergy Effect of Inter-Organizational Interaction in a Tourist-Recreation Network","authors":"N. Rubtsova, K. S. Soloduhin","doi":"10.25205/2542-0429-2021-21-3-132-146","DOIUrl":"https://doi.org/10.25205/2542-0429-2021-21-3-132-146","url":null,"abstract":"Interorganizational interaction is an intangible asset that ensures effective functioning and sustainable competitive advantage of enterprises in the long term, including the tourism and recreation industry. In the new business environment, the success of tourism and recreation enterprises is highly dependent on the effectiveness of interaction with business partners that form the value chain of the tourism product. This actualizes the importance and necessity of the appearance of relevant theoretical and espirical research.The authors presented a literature review that allowed us to form a list of the advantages of interorganizational interaction as a result of collaboration in the tourist and recreational network. At the same time, the authors conclude that the assessment of real economic effects as a result of the collaboration of enterprises in the tourism industry currently remains an insufficiently developed area of knowledge of new economic sociology. In the article, the phenomenon of interorganizational interaction in the tourist and recreational network is investigated in the focus of the emerging synergistic effects. Based on the use of the cost-based approach, the authors have developed a method for assessing the synergistic effect of inter-organizational interaction in the tourist and recreational network. The proposed method was tested on the example of a large tourist and recreational network operating in the Irkutsk region. The approach presented by the authors to assessing the synergistic effect of interorganizational interaction in the tourist and recreational network of the territory can be used both when assessing the feasibility of creating a new tourist and recreational network as a result of combining autonomous tourist and recreational enterprises, and when expanding the existing alliances of the tourist and recreational sphere by increasing the number of new enterprises in its structure","PeriodicalId":156080,"journal":{"name":"World of Economics and Management","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-10-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130541193","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}