Journal of New Economy最新文献_第2页

Modelling economic development of an industrial metropolis 工业大都市的经济发展建模

Journal of New Economy Pub Date : 2024-04-05 DOI: 10.29141/2658-5081-2024-25-1-4

Veniamin Mokhov, V. Pluzhnikov

{"title":"Modelling economic development of an industrial metropolis","authors":"Veniamin Mokhov, V. Pluzhnikov","doi":"10.29141/2658-5081-2024-25-1-4","DOIUrl":"https://doi.org/10.29141/2658-5081-2024-25-1-4","url":null,"abstract":"Current turbulence of external environment pushes the research towards exploring municipalities’ economic development. The purpose of the work is to devise a method for assessing the factors behind economic development of an industrial metropolis based on the construction of a production function. Theoretical propositions of macroeconomics and systems analysis constitute the methodological basis of the research. The main method is the construction of the Cobb–Douglas production function given autonomous Hicks-neutral technical change. The evidence is the data of the Federal State Statistics Service’s regional office of Chelyabinsk Region on the production output (volume of own production (works, service) shipped), cost of production assets, and payroll in the city of Chelyabinsk for 2014–2021, as well as price deflators. The model is formalised in the form of a computer program and is registered by the state, which reflects its practical value. The theoretical and methodological significance of the research consists in that for the first time in economic practice it demonstrates that individual elasticity coefficients can take negative values. The findings of the study can be used for forecasting the results of the interventions aimed at increasing the economic sustainability of an industrial metropolis.","PeriodicalId":33954,"journal":{"name":"Journal of New Economy","volume":"40 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-04-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140735857","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}

引用次数: 0

Circular economy ideas in the practice of industrial ecosystems in Russia 俄罗斯工业生态系统实践中的循环经济理念

Journal of New Economy Pub Date : 2024-04-05 DOI: 10.29141/2658-5081-2024-25-1-5

L. Mochalova, Olga Eremeeva, V. Podkorytov

{"title":"Circular economy ideas in the practice of industrial ecosystems in Russia","authors":"L. Mochalova, Olga Eremeeva, V. Podkorytov","doi":"10.29141/2658-5081-2024-25-1-5","DOIUrl":"https://doi.org/10.29141/2658-5081-2024-25-1-5","url":null,"abstract":"The arrival of the new phenomenon “industrial ecosystem” to the field of production organisation makes investigating it particularly relevant. The paper focuses on describing its essence, indispensable structural elements, as well as delves into the practical significance allowing for the trends in Russia’s technological and ecological development. Methodologically, the paper is based on the concepts of industrial revolution, circular and digital economies. Methods of desk research and systematisation are used. According to the findings, the concept “industrial ecosystem” appeared within industrial ecology and represents a kind of a business ecosystem. In Kleiner’s systems concept, this type of ecosystem is considered as a total of an industrial cluster, a platform, a network, and an incubator. Comparative analysis of various forms of production organisation allows identifying industrial cluster as the most appropriate basis of the ecosystem. It is proved that the digital platform, the communication and logistics network, and the business incubator (technology park) are important for ensuring efficient operation of an industrial cluster. The paper validates the treatment of industrial ecosystems as a transitional form between natural (biological) and non-natural (business) ecosystems. The goal orientation of industrial ecosystem is handling both socioeconomic and environmental problems due to setting up closed-loop industrial cycles. The paper presents an original scheme of an ecosystem taking into account the principles of circular economy: industrial enterprise – circular industrial cluster – industrial ecosystem.","PeriodicalId":33954,"journal":{"name":"Journal of New Economy","volume":"35 S1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-04-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140740076","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}

引用次数: 0

Sludges against Ponzi schemes 反对庞氏骗局的淤泥

Journal of New Economy Pub Date : 2024-04-05 DOI: 10.29141/2658-5081-2024-25-1-3

Marina V. Ryzhkova, E. Kashapova

{"title":"Sludges against Ponzi schemes","authors":"Marina V. Ryzhkova, E. Kashapova","doi":"10.29141/2658-5081-2024-25-1-3","DOIUrl":"https://doi.org/10.29141/2658-5081-2024-25-1-3","url":null,"abstract":"Pyramid schemes are adapting to the digitalisation era and mimicking various organisations. The organisers of these schemes quite often appeal to such human qualities as greed and the desire to get rich quickly. Thus, it is becoming increasingly relevant to develop new methods for countering pyramid schemes taking into account modern realities and behavioural characteristics of an individual decisionmaker. The focus of the research is on selecting sludge tools to fight against digital pyramid schemes. Methodologically, the study relies on the concepts of behavioural economics, in particular, of the nudge theory (nudges vs sludges). The methods include brainstorming, focus groups. The evidence comes from primary qualitative research, in-depth interviews with both non-professional investors and experts in the field of financial market held in 2022. The analysis allowed defining the concept of sludge and present the types of sludge tools. The paper provides an original list of sludge tools as well as a set of practical tools to counter pyramid schemes, which, in particular, consists of legal restrictions, monitoring of Ponzi schemes’ activities, financial enlightenment, a legal information system, self-coordination of investors, and an individual approach. The paper concludes that sludge tools differ in terms of the length of impact and the speed of obtaining a result. Short-term sludges generate a fast effect and prevent from investing in pyramid schemes without preliminary preparation of participants; they, for instance, include placing a poster with a warning against Ponzi schemes, ensuring a careful reading of the contract, mandatory familiarisation with the List of entities with detected signs of illegal activities in the financial market created by the Bank of Russia, taking a risk test for assessing the probability of a decreased price or lost asset, ensuring advice of a financial counsellor as an obligatory stage of investment. The findings contribute to the understanding of the need for proactive (preventive) measures’ development aimed at countering fraudulent schemes.","PeriodicalId":33954,"journal":{"name":"Journal of New Economy","volume":"5 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-04-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140735753","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}

引用次数: 0

Technology and gender: Understanding the changing dynamics of female unemployment in the G7 countries 技术与性别：了解七国集团国家女性失业的动态变化

Journal of New Economy Pub Date : 2024-04-05 DOI: 10.29141/2658-5081-2024-25-1-2

Melek Çil, Y. Guzey

{"title":"Technology and gender: Understanding the changing dynamics of female unemployment in the G7 countries","authors":"Melek Çil, Y. Guzey","doi":"10.29141/2658-5081-2024-25-1-2","DOIUrl":"https://doi.org/10.29141/2658-5081-2024-25-1-2","url":null,"abstract":"Technology has profound effects on labour market dynamics. Numerous studies have highlighted the unique opportunities and challenges that technological change presents to specific demographic groups. The aim of the study is to examine the long-term impact of technological changes within organisations on female unemployment at a macro level. From the perspective of the contingency approach and economic growth theories, the research conducts a panel cointegration analysis employing CCE-MG and AMG long-term panel cointegration estimators. The data on the female unemployment rate, the percentage of R&D expenditure in GDP and the ICT patents in total patents in the G7 countries for 1985–2020 is sourced from the OECD statistics. The analysis indicates the presence of an effect of technological change on the female unemployment rate as well as the national variations in their relationship. In particular, in three countries out of seven (Germany, the UK, the USA), there is the relationship between technological advancements and female unemployment. For the most part, increases in the percentage of R&D expenditure and ICT patents augment the female unemployment, though in Germany a rise in R&D expenditure leads to a decrease in it. The results will contribute to understanding the impact of technology-driven changes in organisations on gender-based labour inequality. The research highlights the complexity of the impact of technological advancements on the female employment and underscores the need for shaping related government policies by considering each country’s specific conditions.","PeriodicalId":33954,"journal":{"name":"Journal of New Economy","volume":"13 7","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-04-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140738068","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}

引用次数: 0

Inflation expectations and consumer sentiments of the Urals population 乌拉尔居民的通货膨胀预期和消费情绪

Journal of New Economy Pub Date : 2024-01-12 DOI: 10.29141/2658-5081-2023-24-4-7

A. Korikov, Konstantin Yurchenko

{"title":"Inflation expectations and consumer sentiments of the Urals population","authors":"A. Korikov, Konstantin Yurchenko","doi":"10.29141/2658-5081-2023-24-4-7","DOIUrl":"https://doi.org/10.29141/2658-5081-2023-24-4-7","url":null,"abstract":"In recent decades, central banks of an increasing number of countries have been using the inflation targeting regime in their monetary policy, since it has proven to be an effective tool for balancing economic growth and inflation. In countries with the regional heterogeneity, local manifestations of inflation may differ significantly, which entails a shift in inflation expectations and their unequal impact on actual dynamics of prices in the future. The article explores the determinants of inflation expectations in Ural regions of Russia. The methodological basis of the study includes monetary concepts developed primarily within the framework of the new Keynesian theory and linking monetary policy with the assessments of inflation expectations. The study uses methods of statistical processing of the data collected during two rounds of monitoring of the population’s inflation expectations. The evidence of the study comes from the surveys conducted on a sample of 2,976 respondents. The study reveals regional, social and allocative heterogeneity in the perception of dynamics of prices and the formation of inflationary expectations. The results of the study contribute to understanding the nature of inflation expectations using the case of the Urals population and can become a basis for developing targeted communication measures aimed at bringing inflation closer to the target.","PeriodicalId":33954,"journal":{"name":"Journal of New Economy","volume":" 25","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-01-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139624056","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}

引用次数: 0

Digital banking ecosystems: Comparative analysis and competition regulation in Russia 数字银行生态系统：俄罗斯的比较分析和竞争监管

Journal of New Economy Pub Date : 2024-01-12 DOI: 10.29141/2658-5081-2023-24-4-5

Svetlana Galazova

{"title":"Digital banking ecosystems: Comparative analysis and competition regulation in Russia","authors":"Svetlana Galazova","doi":"10.29141/2658-5081-2023-24-4-5","DOIUrl":"https://doi.org/10.29141/2658-5081-2023-24-4-5","url":null,"abstract":"Digital ecosystems allow banks to expand their offerings of financial and non-financial services, and thereby raise the quality and speed of customer service. Yet the broader range of banks’ non-financial services increases the size of their non-core assets and affects their financial stability. This creates certain complexities to ecosystems’ management both at the level of a bank and at the level of financial market regulation. The study covers theoretical and practical aspects of setting up and developing ecosystems in the Russian banking industry. The theory of industrial organisation and the ecosystem concept constitute the methodological basis of the research. The study adopts comparative and structural analysis methods. The evidence comes from public and internal reporting of PAO Sberbank, AO Tinkoff Bank, VTB Bank (PAO). The research found that banking ecosystems differ in the key area of activities (for instance, the Tinkoff Bank’s ecosystem focuses on investment and education, whereas VTB Bank’s one concentrates on a housing programme), nature of interaction between their participants, and the method of creation (universal, niche, outsourcing, insourcing). The development specifics of digital banking ecosystems depend on their specialisation, structure of immobilised assets, customer base, and level of business processes’ digitalisation. The value of the research comes from the revealed structural and functional peculiarities of digital ecosystems in the banking industry, as well as in the proved necessity to further refine the methods for accounting and assessing immobilised assets of banks.","PeriodicalId":33954,"journal":{"name":"Journal of New Economy","volume":" 2","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-01-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139624658","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}

引用次数: 0

The impact of tax expenditures on economic growth: The US experience 税收支出对经济增长的影响：美国的经验

Journal of New Economy Pub Date : 2024-01-12 DOI: 10.29141/2658-5081-2023-24-4-3

M. Kakaulina, Nikita Kazansky

{"title":"The impact of tax expenditures on economic growth: The US experience","authors":"M. Kakaulina, Nikita Kazansky","doi":"10.29141/2658-5081-2023-24-4-3","DOIUrl":"https://doi.org/10.29141/2658-5081-2023-24-4-3","url":null,"abstract":"In the last decade, assessing the tax expenditures’ economic efficiency has grown in importance due to the increasing number of situations where stakeholders use tax benefits for personal enrichment. The problem is aggravated by the very nature of tax expenditures, which represent budget revenue losses. The expediency of tax expenditures can be proved by estimating their impact on economic growth. The paper aims to measure such impact using the case of the USA. Methodologically, the study relies on Barro’s conception of endogenous growth. The study applies econometric methods of analysis. The data for the study is taken from the Global Tax Expenditures Database (GTED), the U.S. Department of the Treasury, the U.S. Bureau of Economic Analysis, and the U.S. Census Bureau for 1998–2022. The results indicate no correlation between the share of tax expenditures in a specific sphere in the total amount and their efficiency (the strength of the positive impact on GDP). For instance, the tax expenditures in commerce and housing have the greatest share (35.4 %), yet their impact is relatively weak compared to other categories of tax expenditures: 1 dollar of expenditures induces a 0.04 dollar increase in GDP. At the same time, tax expenditures in the social sphere with an insubstantial share of 2 % generate a 10 times higher return (a 0.49 dollar increase in GDP per 1 dollar of expenditures). Therefore, the structure of tax expenditures with an explicit social orientation appears to be the most preferable for the USA.","PeriodicalId":33954,"journal":{"name":"Journal of New Economy","volume":" 4","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-01-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139624683","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}

引用次数: 0

Ideas of well-being economy in the theories of local self-government 地方自治理论中的福利经济思想

Journal of New Economy Pub Date : 2024-01-12 DOI: 10.29141/2658-5081-2023-24-4-6

E. Dvoryadkina, E. Belousova

{"title":"Ideas of well-being economy in the theories of local self-government","authors":"E. Dvoryadkina, E. Belousova","doi":"10.29141/2658-5081-2023-24-4-6","DOIUrl":"https://doi.org/10.29141/2658-5081-2023-24-4-6","url":null,"abstract":"Mostly center–periphery model of territorial development, long-standing domination of transfers in the structure of municipal budget revenues have formed the protracted, chronic nature of the socioeconomic problems. This necessitates refining goals, principles and content of municipal government, especially in the economic sphere. The paper aims to revise the propositions of the theories of local self-government against the backdrop of the emerging concept of well-being economy, which together constitute the methodological basis of the research. The study applies a suite of general scientific methods, including retrospective analysis and systematisation. Based on the review of pre-revolutionary works of Russian scientists and essayists for 1870–1917 devoted to zemstvo and town and city self-government, the paper deduces an image of well-being of a territory under local government. In particular, its well-being presupposes providing local internal and external amenities, care for food security, health, education, safety from various threats (fires, diseases, crime); organising the economic life of a territory through the municipalisation of socially important industries and services, generation of employment, as well as stimulation of economic activity through cooperation and issuing loans. Having compared the narratives of the well-being economy concept and the propositions of the theories of local self-government, the paper demonstrates that this concept can be implemented by means of local self-government, since their theoretical bases correspond to each other. The study concludes that there is a need to realise the potential of the local government system laid down by Alexander II, emperor of Russia. This requires making the interaction between residents and local government closer, disseminating knowledge about municipal government, and providing greater financial opportunities to local authorities so that they could concentrate on addressing local problems and expressing residents’ interests.","PeriodicalId":33954,"journal":{"name":"Journal of New Economy","volume":" 6","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-01-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139624852","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}

引用次数: 0

Labour market flexibility as a factor in economic recovery after the COVID-19 pandemic 劳动力市场的灵活性是 COVID-19 大流行后经济复苏的一个因素

Journal of New Economy Pub Date : 2024-01-12 DOI: 10.29141/2658-5081-2023-24-4-4

Maria Konovalova, Oksana Plyusnina, Elena Fedotova

{"title":"Labour market flexibility as a factor in economic recovery after the COVID-19 pandemic","authors":"Maria Konovalova, Oksana Plyusnina, Elena Fedotova","doi":"10.29141/2658-5081-2023-24-4-4","DOIUrl":"https://doi.org/10.29141/2658-5081-2023-24-4-4","url":null,"abstract":"The COVID-19 pandemic has largely undermined most economies in the world. To a significant extent the reasons behind this economic nosedive are rooted in the sphere of labour market. The imposed restriction measures made many workers stay at home, and part of them even lost their jobs. The speed of economic recovery in different countries varied depending on how quarantine restrictions were eased. One crucial factor in this process is labour market flexibility and its ability to adapt to changing economic conditions. The purpose of the paper is to explore the relationship between the labour market flexibility and the speed of GDP recovery when the pandemic was waning and the quarantine restrictions were being removed. Methodologically, the study relies on labour economics. The methods are multivariate and logistic regression analysis. The data for the study is sourced from the World Bank and Eurostat and comprises statistics for assessing labour market flexibility and GDP in various countries for 2020–2021. The findings indicate a reverse relationship between the speed of GDP growth recovery during the post-COVID period and the share of part-time employment. Yet taking into account that part-time employment is not only an indicator of the labour market flexibility, but also reflects a general slowdown in production and unemployment, we can attach low speed of recovery to a greater weakness of an economy. The obtained results are insufficient to reject the hypothesis that a more flexible labour market accelerates the recovery of a national economy. At the same time, the study demonstrates that the West European countries generally got over the consequences of the COVID-19 crisis faster than other EU countries. The research contributes to understanding the transformation processes in the labour market under the pandemic as well as provides support for labour market policy development and implementation.","PeriodicalId":33954,"journal":{"name":"Journal of New Economy","volume":" 21","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-01-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139624022","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}

引用次数: 0

Russian innovation system: Narratives and economic policy 俄罗斯创新体系：叙事与经济政策

Journal of New Economy Pub Date : 2024-01-12 DOI: 10.29141/2658-5081-2023-24-4-2

V. Volchik, E. Fursa

{"title":"Russian innovation system: Narratives and economic policy","authors":"V. Volchik, E. Fursa","doi":"10.29141/2658-5081-2023-24-4-2","DOIUrl":"https://doi.org/10.29141/2658-5081-2023-24-4-2","url":null,"abstract":"Comparing recommendations coming from the theoretical research on economic modeling of the national innovation system with suggestions based on the narrative analysis of actors from the Russian innovation system (RIS) may help design a strategy for the regulation of innovative development. The study aims to produce recommendations for the state innovation policy by examining actors’ perceptions. Narrative economics combined with elements of original institutionalism constitutes the methodological basis of the research. The paper uses qualitative methods of narrative analysis. The evidence base is narratives of the RIS actors contained in rating and specialised Russian media and Internet resources, as well as in 27 in-depth interviews, selected during the online expert sampling. According to the study’s findings, the RIS actors note a significant role of the state in the development of innovation in the narratives, but at the same time point to such problems as inconsistency of government actions, instability of innovation policy, lack of effective mechanisms for increasing financing of innovation projects. Respondents attach particular importance to business involvement in innovation, creation and promotion of entrepreneurial initiative, expansion of economic freedom. The results of the study allow identifying the most critical factors in and methods for boosting activity in the national innovation system.","PeriodicalId":33954,"journal":{"name":"Journal of New Economy","volume":" 42","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-01-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139625172","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}

引用次数: 0