The Dynamics Of Investment In Pre-Entry Coaching And The Returns From Private Tutoring In Russia
This article examines the relationship between pre-entry coaching (both in terms of money and effort) and the achievement of Russian high school graduates as measured by the results of the Unified State Examination (USE). Using a data set of students from the 16 biggest Russian cities, which includes information on USE results, family background, school characteristics, and patterns on pre-entry coaching, I estimate the factors that determine the final USE results. Characteristics of pre-entry courses (the duration of the program as well as the total fee) are related to higher USE scores, but the size of this association is moderate. Attending individual classes has a significant (but still moderate) relationship with the USE score in Russian, but the duration of a program moderately and positively relates to the USE scores. Other factors, like parental education, family income, student abilities, and the type of school attended are significant predictors of USE results in Russian, Mathematics, and the average USE score.
This paper examines the prevalence and the costs of pre-entry coaching programs before and after the introduction of the Unified State Examination in Russia. The efficiency of private tutoring under the new standardized university admission procedures is estimated. It is argued that the main types of pre-entry coaching are still in demand, however the popularity of pre-entry courses at particular universities has declined, and the prevalence of classes with tutors who are not related to university has risen. A few years after the introduction of the Unified State Examination, the level of investment in private tutoring in real terms has barely changed; the returns from such an investment are still positive but moderate.
Smoking is a problem, bringing signifi cant social and economic costs to Russiansociety. However, ratifi cation of the World health organization Framework conventionon tobacco control makes it possible to improve Russian legislation accordingto the international standards. So, I describe some measures that should be taken bythe Russian authorities in the nearest future, and I examine their effi ciency. By studyingthe international evidence I analyze the impact of the smoke-free areas, advertisementand sponsorship bans, tax increases, etc. on the prevalence of smoking, cigaretteconsumption and some other indicators. I also investigate the obstacles confrontingthe Russian authorities when they introduce new policy measures and the public attitudetowards these measures. I conclude that there is a number of easy-to-implementanti-smoking activities that need no fi nancial resources but only a political will.
One of the most important indicators of company's success is the increase of its value. The article investigates traditional methods of company's value assessment and the evidence that the application of these methods is incorrect in the new stage of economy. So it is necessary to create a new method of valuation based on the new main sources of company's success that is its intellectual capital.