Основные тенденции жилищной экономики российских городов
Urban environment quality and quality of living patterns are the key factors for Russian cities’ competitiveness increase. They both are to a large extent driven by the housing economy characteristics. The article provides analysis of basic trends in housing economy of Russian cities including:
• housing consumption;
• structure of housing and ownership rights;
• housing price dynamics and the level of housing affordability;
• condition of housing stock and utility infrastructure, investment in renovation of the housing stock;
• state of competition at hosing market and supply elasticity to demand for differentiated and good quality urban environment ;
• state regulation of the housing economy – support for demand and supply, taxation policies.
Despite over 30 years of worldwide reforms in many directions to increase efficiency, public transport markets present a variety of arrangements regarding operations, control and ownership that are amenable to improvement. This workshop will examine the contextual economic, political, cultural and social factors behind these many different cases that can be observed around the world. Through a better understanding of such factors it will examine the competition and ownership options for regulated public transport markets, taking full account of local contextual factors. This will include examination of methods for improving performance without major competition and ownership changes, for example by improved institutional design (both top-down and bottom-up), the development of trusting partnerships, the promotion of negotiated contracts and the introduction of optimal operating rules.
The article considers the issues of business competition and cooperation. There presented the market type matrix based on «cooperation-competition» criteria. The concepts of competition marketing and relations with competitors are defined. The concept of marketing communications is specified. The analysis of the main methods of cooperation is carried out.
This is the first paper on consumer search where the cost of going back to stores already searched is explicitly taken into account. We show that the optimal sequential search rule under costly second visits is very different from the traditional reservation price rule in that it is nonstationary and not independent of previously sampled prices. We explore the implications of costly second visits on market equilibrium in two celebrated search models. In the Wolinsky model some consumers search beyond the first firm and in this class of models costly second visits do make a substantive difference: equilibrium prices under costly second visits can both be higher and lower than their perfect recall analogues. In the oligopoly search model of Stahl where consumers do not search beyond the first firm, there remains a unique symmetric equilibrium that has firms use pricing strategies that are identical to the perfect recall case.
The legal strategy of the future is reached in daily law-enforcement practice of China. The analysis within comparative jurisprudence is in many respects predetermined by its functions which are setting target orientation and vectors of studying, comparison, an assessment. Problems of legal distinctions of Russia and China from the point of view of opportunities of their overcoming are obvious. In this context it is possible to speak about distinctions, and not only about temporary and long-term, but also about the ineradicable.
Certainly, the emphasis on comparison only laws leaves other phenomena of legal life in a shadow: sources of law, state institutes, legal establishments, application of law, legal education and science. Obviously, it is necessary to carry that is a question not of an one-stage look, and of difficult informative process of its intensive development to the positive moments of the carried-out analysis of the current legislation of China.
This empirical paper adds to competition and industrial organization literature by exploring the interplay between industry structure and competitiveness on local, rather than nation-wide, markets. We use micro-level statistical data for banks in two Russian regions (Bashkortostan and Tatarstan) to estimate Herfindahl-Hirschman index, Lerner index, and Panzar-Rosse model. We estimate Panzar-Rosse model in two ways: via the widely used price-equation that accounts for scale effects and then via a revenue-equation that disregards scale effects as suggested by Bikker, Shaffer and Spierdijk (2009). We find both regional markets to be ruled by monopolistic competition, although estimation by revenue-equation does not reject monopoly hypothesis for Tatarstan. Existence of sizeable locally-owned and operated institutions does not necessarily lead to higher competitiveness of the given regional market. Non-structural methods of estimation suggest that bank competition in Bashkortostan is stronger than in Tatarstan.
The Bill on amendments to Part II of the Civil Code of the Russian Federation consists of legislation provisions on a new limited interest in land - a right to development. The principal difference between the new model of development and the right to development concept in Russian and foreign treaties and the Concept of civil legislation development is pointed out in the article. Hence, a comparative analysis of the notion, provisions on the right to development entitlement and the correspondence between the right to development and the right to building is conducted by the author. The problems which can rise during the practical realization of the aforementioned model of the right to development are highlighted in the article.
This volume intends to fill the gap in the range of publications about the post-transition social housing policy developments in Central and Eastern Europe by delivering critical evaluations about the past two decades of developments in selected countries’ social housing sectors, and showing what conditions have decisively impacted these processes.
Contributors depict the different paths the countries have taken by reviewing the policy changes, the conditions institutions work within, and the solutions that were selected to answer the housing needs of vulnerable households. They discuss whether the differences among the countries have emerged due to the time lag caused by belated reforms in selected countries, or whether any of the disparities can be attributed to differences inherited from Soviet times. Since some of the countries have recently become member states of the European Union, the volume also explores whether there were any convergence trends in the policy approaches to social housing that can be attributed to the general changes brought about by the EU accession.
This paper examines determinants of corruption across Russian regions. Key contributions include: (i) a formal study of economic corruption determinants across Russian regions; (ii) comparisons of determinants of perceived corruption versus those of actual corruption; and (iii) studying the influence of market competition and other factors on corruption. The re-sults show that economic prosperity, population, market competition and urbanization are significant determinants of Russian corruption. The use of alternative corruption measures reveals that economic prosperity and population have a largely similar impact on corrup-tion perceptions and corruption incidence. However, there are significant differences in the effects of competition and urbanization.
This study analyzes the effects of reducing trade barriers in the context of the objectives of competition policy. Separate chapters are devoted to the assessment of the height of Russian trade barriers, the analysis of the impact of international trade on domestic prices and concentration of production.
The paper examines the structure, governance, and balance sheets of state-controlled banks in Russia, which accounted for over 55 percent of the total assets in the country's banking system in early 2012. The author offers a credible estimate of the size of the country's state banking sector by including banks that are indirectly owned by public organizations. Contrary to some predictions based on the theoretical literature on economic transition, he explains the relatively high profitability and efficiency of Russian state-controlled banks by pointing to their competitive position in such functions as acquisition and disposal of assets on behalf of the government. Also suggested in the paper is a different way of looking at market concentration in Russia (by consolidating the market shares of core state-controlled banks), which produces a picture of a more concentrated market than officially reported. Lastly, one of the author's interesting conclusions is that China provides a better benchmark than the formerly centrally planned economies of Central and Eastern Europe by which to assess the viability of state ownership of banks in Russia and to evaluate the country's banking sector.
The paper examines the principles for the supervision of financial conglomerates proposed by BCBS in the consultative document published in December 2011. Moreover, the article proposes a number of suggestions worked out by the authors within the HSE research team.