The article analyzes the impact of climate change on the overall well-being of households. It provides quantitative estimates of the dependence of subjective well-being valuations on regional climate parameters. As a hypothesis, it is assumed that subjective happiness estimates recovered via panel surveys reflect rational individual preferences that may be represented by a utility function while its parameters can be assessed with an econometric model. We conduct an econometric estimation of the parameter values of a happiness function using an ordered probit regression model. The model is built on the data provided by the Rosstat statistical agency and the primary data of the Russian Longitude Monitoring Survey (RLMS-HSE). We show that the climate factor has a highly significant effect on a respondents’ self-reported life quality valuation; as significant as the impact of other, more common factors such as money income, employment status, health condition, the quality of drinking water and air, etc. The findings may be used in the economic valuation of climate change consequences, as well as the development of policies aimed at preventing climate change.
The article studies the dependence of competitive intensity in a horizontal economic system on the specifics of this system. The analysis was carried out using agent-based modeling in the case of a conventional cluster. It has been shown that systems with the maximal intensity of internal competition operate in highly profitable fields and are characterized by high market concentration. Two fundamental processes that are often opposed to each other in clusters, namely competition and cooperation between agents, are linked within one model. We have found out that cost-free imitation of technologies generally does not affect competitive intensity within the cluster while costly imitation decreases internal competition. In both cases, the profitability factor is more significant than the structure one (or market concentration). Competitive intensity within low-profitable clusters with the prevalence of small business decreases as imitation costs grow. The highest level of competition under the costly interaction of cluster's participants, characterized by a different ability to sustain contacts, could be achieved in companies systems with more connections. In the clusters of this type, competitive intensity increases with growing imitation costs. We have demonstrated the possibility to achieve different combinations of competition and cooperation processes, which could be independent, contra- and co-directional under different conditions. These results confirm a necessity to consider the typological features of a managed object while developing regulatory mechanisms.
This article analyzes differences between age-specific interregional migration profiles in Russia and their features. The study relies on the data on internal interregional migration by one-year age groups for the period of 2011–2015, and data on migration between municipal formations by five-year age groups for the period of 2012–2015. The primary method of analysis is to classify age-specific migration profiles. We divided the regions of Russia into two types: with net interregional migration gain and with net migration loss. Then we defined sub-types of regions differed by migration gain (loss) in the key age groups and by age-specific migration rates. The article shows and explains variations in indices of the age-specific intensity of net interregional migration, as well as highlights the impact of migration on the age structure of the population in regions.
The paper analyses how the individuals' deposits influences the resources of Russian banks. We show that the depositors panic in the crisis has a serious effect on stability of both bank and national bank system. We show the tendencies how the volume and structure of individuals' deposits change; how to avoid the rash of withdrawals by individual depositors; and how the resources of Russian banks shrank because of such withdrawals happened in the period of the crisis. We also present our assessment of how the resources of Russian banks reduced because of the rash of withdrawals in the crisis.
The paper analyzes the approaches which could allow identifying, comparing and explaining a correspondence (or discrepancy) between the declared priorities of the socio-economic policies carried out by regional or municipal authorities (for example, strategic plans) and actual one (for example, those reflecting how public funds are handled). We tested such approaches for several city districts of the North-West areas of Russia through decomposing the project documents and using tools of budget analysis to show that representation and comparison of such declared and actual priorities in a formal manner is principally realizable
The article reviews the normative documents regulating the environmental load in the Russian Federation, provides a summary on the contamination, analyzes the dynamics of pollutant air emissions and cancerous diseases in Russia, identifies populated areas with high and low pollutant air emissions. The study is complete with a regression analysis showing that the increase in sulfur dioxide emissions is an acceptable indicator of the malignant neoplasms risk assessment.
Drawing from the data on the home buyers’ addresses, we estimate the purchasing activity of Russians in the primary real estate market of Moscow metropolitan area (MMA) and compare it to their labor migration activity. The objects of analysis are 149 cities and 80 «rests of regions». This article is the first ever to examine the peculiarities of migration and investment behavior with differentiation between cities and rural areas, between size classes of settlements and individual large cities. Thus, the paper makes it possible to fill a gap in assessing the mobility of the factors of production, namely capital and labor. We reveal a sharp contrast between settlements of different sizes in terms of how they interact with the metropolitan agglomeration. The bigger the settlement, the less is the intensity of labor migration to the capital; the intensity is decreasing in a rapid and monotonous manner. The activity of foreign buyers depending on the population of the city where they reside varies non-mono tonously, with a maximum for cities with a population of 250-500 thousand people in the real estate market of Moscow and 100–500 thousand people in Moscow Oblast. For MMA, small towns and rural areas (except for Khanty-Mansi and Yamal-Nenets Autonomous Areas) are a source of labor resources while their buying activity in the real estate market is weak. Cities with a population of over one million practically do not create an inflow of labor migrants and show moderate activity in the Moscow real estate market. Moscow Oblast interacts through labor migration and housing acquisitions with smaller settlements than the «premium» real estate and labor markets of Moscow. The attraction of Moscow Oblast is rapidly decreasing with distance, extending to the first- and second-order neighbors, while Moscow’s influence spreads throughout the country.
The paper considers the principle tasks, priorities, trends, and sources of modernizing the Russian socio-economic system and its real sector. We show the peculiarities of modernization of the spatial structure of the economy; dynamics and efficiency of some economic activities; and the fact that peculiarities of regional economic systems such as the state and structure of fixed assets, sectoral production structure, and receptivity to innovations are the important factors of the modernization. We also describe the different approaches to regional policy aimed at modernization, and display a necessity to have a balanced regional policy.
In this article we analized the differences in the borrowers behavior in Novosibirsk Region ("sex", "age", "education" and "marital status") during the pre-crisis, crisis and recovery. We tested standard hypotheses about the borrowers behavior in the region, including the hypothesis of the transformation behavior of different groups of borrowers. We obtain specific estimates characterizing the solvency of borrowers' creditworthiness and the Novosibirsk Region.