We analyze the impact of migration on wage, unemployment rate and income. Using Russian official statistical database from 1995 to 2010 we estimate dynamic panel data model with spatial effects. There is no significant impact of migration on unemployment rate. There is a positive spatial effect for wage and unemployment. We find negative relationship between net internal migration, and both wage and income, which is explained by positive effect of out-migration on wage and income. However, the migration benefits are not big enough to make a difference on Gini index across regions. We conclude that migration does not affect regional convergence of economic indicators.
The Framework of the long-term socio-economic development of the Russian Federa- tion until 2020 stipulates that «without penetration to new markets of goods and services with high value added share, Russia’s role in the global economic development and its efficient participation in the international division of labour are doomed to decline». The priorities of the social and economic policies, according to the Framework, include «in- creasing integration of manufacturing industries in the world economy on the basis of their involvement in the global value chains».
In this regard, it is widely believed that Russia, due to the orientation of is exports towards raw materials, is not involved in the international production networks, and the inclusion in these networks requires a radical diversification of the economy with the ac- celerated development of its manufacturing industries.
An economic and statistical tool, which has recently become available to researchers, is capable of producing relatively accurate estimates with regard to the above statements, and to analyse the position of Russia in global value chains. A computational method based on inter-country input-output tables has been proposed to identify the flows of value added driven by final domestic demand and exports, and to distinguish their sectoral and national origin and destination.
Using the inter-country input-output computational framework and new OECD in- put-output data in this study leads to a conclusion that Russia’s integration is quite high in the downstream value chain. It is the mining sector – i.e. mostly extraction of oil and gas – that is responsible for this level of integration that may not be optimal, but is significant by global measurements. Meanwhile, a comparison with other countries casts doubt on the assumption that the reliance on manufacturing industries would allow Russia to derive greater value added from its exports.
The article is devoted to the possibilities of using crowdsourcing as a source of innovation for the organization. The essence of crowdsourcing is defined, the benefits of its use in innovation for the organization and the employees are highlighted. Experience of AlfaBank and Sberbank of Russia, first domestic companies, which has attracted a community of interested employees and customers to improve performance, rework of products and services, is considered.
In this paper there are several main points: the necessity of FDI definition and the interconnection of a term and real subject of interest; problem of data sources and the choice among them are discussed. Methodology of data collection for each indicator should be taken into account because of the variety of data sources: the interpretation should be valid to the data, awareness on different types of data allows using them together to provide more precise analysis. This research was made as an overview of available statistics on micro, meso and macro levels. An important purpose of this paper is to demonstrate and substantiate incompatibility of data taken from different sources and necessity to use valid tools of analysis for different indicators of the FDI activity, correctly interpret the results for models based on different types of data and different research questions. Conclusion of this research is enforces by graphical analysis, summary statistics and analysis of spatial interconnection among regions estimated for various indicators of FDI.
The article provides an analysis of the dynamics of the level of health of the Russian population. The level of population health is understood as a composite index constructed on the basis of life expectancy index and morbidity index. We use regional data of the period 2005–2013. In the article a method of measuring the health of the population not for a given region, but for the county population as a whole, is proposed. Also the technique for identification of dynamics of health of the Russian population is given. This technique is based on the principle of stochastic dominance of second order for sample distribution functions of index of population health for regions. In addition, a method of partitioning regions of Russia into clusters, consisting of similar regions on the dynamics of health, is given. The proposed approaches can be used to monitor the health of the population in order to: 1) determine the dynamics of the level of health of the Russian population in the whole country, 2) identify regions with low levels of health that need support.
The reality is that uncertainty and different orientation of real estate market trends and a lasting time frame of investment planning are obvious nowadays. Under such conditions, the scenario analysis of risks increases the project loss assessment efficiency. In the long run, this fact might be of paramount importance in order to make efficient managerial decisions in the course of a project realization, moreover— in order to make the final evaluation of a project.
The paper deals with groundbreaking distinctive characteristics of scenario approach, i.e. review and collation of approaches, which are designed to define ‘scenario’ as a notion. The author classifies the approaches and presents methods of identification of scenarios as the most complex step in assessing a risk. The results of the analysis will make it possible to develop a scenario algorithm for assessing risks of a residential real estate project.
Single-period linear dynamic marketing model is examined. Obtaining of optimal value of share of advertising costs in the overall structure of communication costs is the goal of the research. Dependence of optimal structure of communication costs on proportion of market factors (parameters), influencing the sales process negatively and/or positively, is defined.
Possibilities of centralization, optimization and insourcing functions of human resource management in commercial bank are described. Experience of domestic bank in use of the given technologies is considered, the reasons of using the optimization of HR-functions in bank are studied; problems with which the organization has faced during optimization are allocated; advantages of centralization, optimization and insourcing HR-functions in bank are specified.
This paper proposes a new method for constructing dynamic composite indices that has two important properties, such as nonnegative weights and dynamic comparability. The method is applied to construct a composite index of population health, as an example. The current method of composite indices’ construction is compared to existing approaches, namely the principal component method and the technique suggested by D. Borzykh in 2016. In contrast to the latter, the new approach meets both requirements, i.e. dynamic comparability and nonnegativity of weights. Thus, it is shown that the method suggested in this paper has the best properties.
Currently, the market provides opportunities to use the benefits of outsourcing in different spheres. Outsourcing is a major trend in today's economy. Outsourcing may be used in accounting, IT support, management, recruitment, etc. Through outsourcing companies can achieve competitive advantage.
It is important to choose the right approach when evaluating the merits of outsourcing. Its success depends on the ability to adapt to changing market demands, economic and political situations in the country and the world.
This topic is relevant because outsourcing market is very popular abroad and dynamically developing in our country and regularly offers new unusual products but the majority of Russian companies are in no hurry to take this opportunity and still prefer to perform on their own in as many number of areas as possible .
The purpose of this article is to identify the feasibility and profitability of outsourcing for an industrial enterprise based on existing modern concepts in evaluating the efficiency of outsourcing.
This article analyzes the differentiation of budget sources according to major regional economic indicators, influencing the formation of the tax base. It is calculated rank correlation coefficient in terms of GRP per capita of the subjects of the Russian Federation to assess the structural changes of regions with respect to their mutual position of the period of 1995–2013. The relationship of wages is studied by economic activity, sex, age and education in the territorial aspect. A direct relationship is detected between the level of wages and economic activity, employment in the regions. As the suggestion to improve, the selfsufficiency of territories is offered to increase innovative activity and implementation of competitive advantage, mainly due to the competitive advantages of the region.
The article considers preconditions and features of introduction of home insurance of citizenry against natural risks. The regional level of implementation of such insurance within territorial programs is justified. The foreign experience of management of natural disasters risks and their insurance financing in the context of the regional specification is systematized. Advantages and disadvantages of the draft legislation regarding the introduction of home insurance of citizenry in regions of Russia are considered, and the directions of the effective implementation of such insurance are argued.
The article considers the essence of outsourcing as a new form of labor relations. The features of outsourcing in comparison with traditional forms of employment are determined, its advantages and disadvantages are given. The current situation of using outsourcing in foreign and domestic practice is described. The prospects for its development in the coming years are highlighted. Recommendations to institutionalize the practice of outsourcing in domestic companies are proposed.
Current real estate market conditions with uncertain price trends and contradictory forecasts imply the following: precise level and probability of losses as well as effective risk management decisions might be achieved only with integrated approach. The paper examines and implements combining sensitivity analysis, decision tree, Monte Carlo simulation and scenario analysis in one risk assessment algorithm. According to the developed algorithm the risks of real estate development project were estimated and necessary recommendations were formulated.
As a controller of state finances, theorist and inventor of triple-entry accounting system, F.V. Ezersky (1835–1915) contributed greatly to the dissemination of accounting and management knowledge and practices in Imperial Russia. In a book published in 1876, entitled «The frauds, losses and errors in the balance sheets as a part of the double-entry system of bookkeeping and detected by the indicators to the accuracy of the accounts offered by the Russian triple-entry accounting system», he severely criticized the Italian method of double-entry bookkeeping, which had widely spread across Europe from the end of the Middle Ages and was perceived as the most developed method for the recording of business transactions. Then, he provided his own method of bookkeeping, called the triple-entry accounting system, in order to improve the vocational training, skills and practices of the Russian businessmen as well as the management of the state finances. Despite some reservations and criticisms expressed by other accounting theorists, Ezersky was convinced of the usefulness of his invention and also spent much time and effort to make it known in the country and abroad. In 1874, he created special courses in St. Petersburg and later in Moscow, where the rules and procedures related to the bookkeeping, budgeting and internal controls were taught to the interested public. The publication of the first specialized journals helped to spread accounting knowledge in the country and to fuel debates about the Ezersky’s accounting system. While his opponents gathered around the journal Accounting (Schetovodstvo) founded in 1888, Ezersky created in 1889 his own journal, The Accountant (Schetovod), for which he used his personal funds for a year. He also elaborated an abacus designed to make arithmetic calculations and be accessible to many people. In this paper, we will highlight some interesting aspects of his personality as well as the original features of the Ezersky’s accounting system and the debates on this subject among accounting theorists and practitioners. The conclusion aims to emphasize the role of Ezersky in the conceptual underpinning of accounting thought and the development of accounting profession in Russia.