nep-cis New Economics Papers
on Confederation of Independent States
Issue of 2020‒10‒26
25 papers chosen by



  1. Analysis of the features of the current configuration of the road network in Russia By Borzyh, Ksenia (Борзых, Ксения); Rostislav, Kirill (Ростислав, Кирилл); Ponomarev, Yuriy (Пономарев, Юрий)
  2. Microeconomic analysis of investment strategies of foreign companies in Russia in the context of their foreign trade activities By Knobel, Alexander (Кнобель, Александр); Zaitsev, Yuriy (Зайцев, Юрий)
  3. Digital transformation of industrial enterprises based on the concept of "Industry 4.0" as a factor in ensuring the economic security of the country By Andreev, Andrei (Андреев, Андрей); Emelyanov, Nikolay (Емельянов, Николай)
  4. Developing education and fighting poverty By Avraamova, Elena (Авраамова, Елена); Klyachko, Tatiana (Клячко, Татьяна); Loginov, Dmitriy (Логинов, Дмитрий); Semionova, Elena (Семионова, Елена); Yakovleva, Irina (Яковлева, Ирина)
  5. Influence of dairy industry leaders on the development of the Russian milk processing market By Andreev, Andrei (Андреев, Андрей)
  6. Analysis of the directions of the impact of the processes of denationalization of the financial sector on the development of financial markets By Vedev, Aleksey (Ведев, Алексей); Kovaleva, Marina (Ковалева, Марина); Stavtseva, Alexandra (Ставцева, Александра)
  7. The influence of the AUE subculture on the level of juvenile delinquency By Khasanova, Ramilya (Хасанова, Рамиля); Tsatsura, Elena (Цацура, Елена); Seredkina, Ekaterina (Середкина, Екатерина); Vyugovskaya, Elena (Вьюговская, Елена)
  8. Public sector external debt sustainability in the face of uncertainty By Sokolov, Ilya (Соколов, Илья); Belev, Sergey (Белев, Сергей); Tischenko, Tatiana (Тищенко, Татьяна); Suchkova, Olga (Сучкова, Ольга); Khuzina, Alfiya (Хузина, Альфия); Komarnitskaya, Anna (Комарницкая, Анна); Matveev, Evgeniy (Матвеев, Евгений); Moguchev, Nikita S. (Могучев, Никита С.)
  9. The application of multivariate classification in evaluating the regional differentiation by population income in Russia By Natalia A. Sadovnikova; Olga A. Zolotareva
  10. Differentiation of youth groups: economic activity, demographic behavior, social practices By Avraamova, Elena (Авраамова, Елена); Karavay, Anastasia (Каравай, Анастасия); Loginov, Dmitriy (Логинов, Дмитрий); Titov, Vladimir (Титов, Владимир)
  11. Экономическая эффективность доклинической диагностики болезни Паркинсона: марковская модель By Vartanov, Sergey; Bogatova, Irina; Denisova, Irina; Kucheryanu, Valerian; Tourdyeva, Natalia; Chubarova, Tatyana; Shakleina, Marina; Polterovich, Victor
  12. Study of the development prospects and conditions for the functioning of regional banks (on the example of the Far Eastern Federal District) By Vedev, Aleksey (Ведев, Алексей); Kovaleva, Marina (Ковалева, Марина); Kosarev, Andrey (Косарев, Андрей); Stavtseva, Alexandra (Ставцева, Александра)
  13. Analysis of the state and development of Russian education on the basis of education monitoring data, the results of the FSN and sociological surveys By Agranovich, Mark (Агранович, Марк); Seliverstova, Irina (Селиверстова, Ирина); Livenets, Marina (Ливенец, Марина); Ermachkova, Yuliya Valerievna (Ермачкова, Юлия Валериевна)
  14. Analysis of the implementation of the Federal state educational standard for preschool education in educational institutions and proposals for its improvement By Doronova, Tatiana (Доронова, Татьяна); Radionova, Olga (Радионова, Ольга); Alieva, Evelina (Алиева, Эвелина); Tarasova, Natalia (Tarasova, Natalia); Khaylova, Elena (Хайлова, Елена); Doronov, Sergey (Доронов, Сергей)
  15. Development of proposals for improving personnel work in the civil service, carried out using a unified information system By Lavrova, Tatiana (Лаврова, Татьяна); Polyakova, Alexandra (Полякова, Александра); Antipov, Igor (Антипов, Игорь); Krasivskaya, Lyudmila (Красивская, Людмила)
  16. Risk assessment of projects with R&D using the risk measure VaR and ES By Minasyan, Vigen (Минасян, Виген)
  17. Development of methodological approaches to assessing the effectiveness of investments in infrastructure, taking into account foreign experience By Melnikov, Roman (Мельников, Роман); Koptelov, Matvey (Коптелов, Матвей); Ginoyan, Agrishti (Гиноян, Агришти); Krasnoshchekov, Valentin (Краснощеков, Валентин); Spitsyna, Tatiana (Спицына, Татьяна)
  18. Analysis of the effectiveness of public procurement procedures based on game-theoretic models By Zhemkova, Aleksandra (Жемкова, Александра)
  19. Improvement of the legislation of the Russian Federation on combating corruption By Lapteva, Lyudmila (Лаптева, Людмила); Yurtaeva, Evgeniya (Юртаева, Евгения)
  20. The Future of Passenger Mobility and Goods Transport in Estonia: Input Study for the Estonian Transport and Mobility Master Plan By ITF
  21. Oil Price Volatility and Stock Returns: Evidence from Three Oil-price Wars By Mushtaq Hussain Khan; Junaid Ahmed; Mazhar Mughal
  22. Legal Aspects of Corporate Management in the Context of International Law Rules Harmonization of civil law View project Succession View project By Anatoliy Kostruba; Yurii Shemshuchenko
  23. THE PRECISION OF SYMBOLIC NUMERICAL REPRESENTATION IN VERBAL FORMAT HAS AN INDIRECT EFFECT ON MATH PERFORMANCE IN FIRST GRADE By Galina Larina; Yulia Kuzmina; Georgijs Kanonirs
  24. South Korean Economy and the Free Trade Agreement with China By Bayari, Celal
  25. Decomposing Central and Eastern Europe’s trade: Extending the evidence By Robin Grözinger

  1. By: Borzyh, Ksenia (Борзых, Ксения) (The Russian Presidential Academy of National Economy and Public Administration); Rostislav, Kirill (Ростислав, Кирилл) (The Russian Presidential Academy of National Economy and Public Administration); Ponomarev, Yuriy (Пономарев, Юрий) (The Russian Presidential Academy of National Economy and Public Administration)
    Abstract: Existing restrictions on the unevenness of spatial development and the condition of the transport network, in particular the road network, constrain further development of the industry and outpacing economic growth. Optimality of spending on the construction of new and development of existing transport infrastructure depends on the identification of features (growth and development zones) and existing limitations of the transport network. This study provides a detailed analysis of the current configuration of the road network in Russia, as well as proposals for the development of the road network between the subjects of the Russian Federation using economic and mathematical modeling methods
    Keywords: development, tranport network
    Date: 2020–10
    URL: http://d.repec.org/n?u=RePEc:rnp:wpaper:102002&r=all
  2. By: Knobel, Alexander (Кнобель, Александр) (The Russian Presidential Academy of National Economy and Public Administration); Zaitsev, Yuriy (Зайцев, Юрий) (The Russian Presidential Academy of National Economy and Public Administration)
    Abstract: This working paper is devoted to identifying patterns of spatial and sectoral distribution of foreign direct investment enterprises in the Russian Federation and to developing recommendations for optimizing the strategy of attracting foreign direct investment to the Russian Federation. The following methods were applied: the method of macroeconomic modeling, evaluation of econometric models, as well as logical, systemic, comparative, economic and statistical analysis. Statistical data at the enterprise level were used from the «RUSLANA» and «SPARK-INTERFAX» databases. The results allow to point out some characteristic features of the spatial distribution of foreign enterprises, which must be taken into account when forming a picture of preferences of foreign investors and the policy of attracting foreign investors to Russian regions.
    Date: 2020–05
    URL: http://d.repec.org/n?u=RePEc:rnp:wpaper:052031&r=all
  3. By: Andreev, Andrei (Андреев, Андрей) (Russian Presidential Academy of National Economy and Public Administration- Stolypin Volga Region Institute of administration); Emelyanov, Nikolay (Емельянов, Николай) (Russian Presidential Academy of National Economy and Public Administration- Stolypin Volga Region Institute of administration)
    Abstract: The article discusses the problem of implementing digital technologies in the “Industry 4.0” in industrial enterprises in Russia, identifi es the opportunities and threats associated with the introduction of these technologies, the place and role of business and the state in this process. The forecast of the effect on the national economy from the introduction of these technologies by McKinsey is also presented. The methodological basis of the research is General scientifi c methods.
    Keywords: digital transformation of Russian enterprises, «Industry 4.0» technologies, the effect of the introduction of digital technologies
    Date: 2020–08
    URL: http://d.repec.org/n?u=RePEc:rnp:ppaper:pf082002&r=all
  4. By: Avraamova, Elena (Авраамова, Елена) (The Russian Presidential Academy of National Economy and Public Administration); Klyachko, Tatiana (Клячко, Татьяна) (The Russian Presidential Academy of National Economy and Public Administration); Loginov, Dmitriy (Логинов, Дмитрий) (The Russian Presidential Academy of National Economy and Public Administration); Semionova, Elena (Семионова, Елена) (The Russian Presidential Academy of National Economy and Public Administration); Yakovleva, Irina (Яковлева, Ирина) (The Russian Presidential Academy of National Economy and Public Administration)
    Abstract: The education system forms human potential, which is one of the most important resources for social and economic development, on the use of which the implementation of development strategies for the constituent entities of the Russian Federation, individual sectors and complexes of the economy should be based. The goals and objectives set in the Decree of the President of the Russian Federation of May 7, 2018 No. 204 determined the content of national projects in the social sphere and science, state construction, ensuring the country's environmental security, spatial development and other industries and spheres of activity. The decree sets the vector for Russia's development in the medium term. At the same time, the processes and reforms that will be launched in this period will largely determine the development of the country for a longer period. The relevance of the problem of determining the place and role of the education system in solving strategic problems in the socio-economic development of the Russian Federation, including the relationship of the National Project "Education" with other national projects, is obvious. This work examines the issues that reveal the relationship between the development of education and the fight against poverty.
    Date: 2020–05
    URL: http://d.repec.org/n?u=RePEc:rnp:wpaper:052034&r=all
  5. By: Andreev, Andrei (Андреев, Андрей) (Russian Presidential Academy of National Economy and Public Administration- Stolypin Volga Region Institute of administration)
    Abstract: Importance The analysis of the place and role of leading dairy companies in the formation of the modern Russian market for milk processing is of great theoretical and practical importance. It focuses on identifying ways in which leading dairy companies have taken a broad position in the industry and geographical scope of their operations. Moreover, these methods are clearly linked to the motives for conducting competition in the market and form a dichotomy, «motive-method»: 1) «leadership-the development of internal potential resources (abilities)», 2) «market power-a strategy of horizontal integration». Both «motives-ways» form a unity of opposites, generating, on the one hand, the desire for maximum diversity of dairy products with recognizable brands, on the other hand, aggressive regional expansion, high concentration on the market and the use of various forms of anti-competitive practices. Objectives The purpose of the study is to analyze the opportunities and threats associated with the influence of leading dairy companies – PepsiCo (USA), Danone (France) and JSC Molvest on individual milk processing markets in the context of the advantages of location, using the example of the markets of the Voronezh and Leningrad regions. Methodology The methodology of research of ways to ensure the growth of the scale of activities of leading dairy companies is based on three approaches: the theory of competitive positioning, the resource concept and the transaction approach, which allow describing the process of forming a business group of a leader company in a three-part sequence: growth – development – structure. Results The influence of leading dairy companies on regional markets of milk processing is considered. The conducted research allowed us to identify imbalances in the volume of processing and production of raw milk in markets with a dominant position of dairy enterprises controlled by leading companies, due to their policy of regional expansion. Conclusions and Relevance Leading dairy companies define the «rules of the game» that are mandatory for all participants in the market of milk processing, but some ways of conducting competition are far from clear. In particular, the problem is caused by such a way of organizing purchases as" cross-sourcing", as well as the application of price discrimination to farms-suppliers. All this increases the importance of antitrust policy in regulating certain segments of the dairy industry.
    Keywords: motive of leadership and market power, broad competitive position, horizontal integration, dual access to the raw material base of farms and consumers in the market
    JEL: Q13 L4 L1
    Date: 2020–08
    URL: http://d.repec.org/n?u=RePEc:rnp:ppaper:pf082001&r=all
  6. By: Vedev, Aleksey (Ведев, Алексей) (The Russian Presidential Academy of National Economy and Public Administration); Kovaleva, Marina (Ковалева, Марина) (The Russian Presidential Academy of National Economy and Public Administration); Stavtseva, Alexandra (Ставцева, Александра) (The Russian Presidential Academy of National Economy and Public Administration)
    Abstract: The work is devoted to the analysis of the dependence of the Russian financial sector on the state, the assessment of the impact of the state presence in the assets of financial companies on the dynamics of the development of the financial sector as a whole, as well as the study of the regulatory impact on the functioning of financial institutions, both banking and non-banking. The relevance of the work is determined by the scale of dependence of the financial sector on the state: Russia ranks first in the world in terms of the state's share in the assets of commercial banks, a similar indicator in the assets of non-state pension funds exceeds 90%, the regulatory burden on the insurance and investment markets is so great that it leads to a lack of opportunities for the emergence of new players and intensive development. The work contains a retrospective analysis of the state's presence in the financial market, an analysis of the regulatory and supervisory burden on the financial services market, a comparative analysis of the size of financial markets, as well as a comparative analysis of the state's presence in the financial markets.
    Date: 2020–05
    URL: http://d.repec.org/n?u=RePEc:rnp:wpaper:052035&r=all
  7. By: Khasanova, Ramilya (Хасанова, Рамиля) (The Russian Presidential Academy of National Economy and Public Administration); Tsatsura, Elena (Цацура, Елена) (The Russian Presidential Academy of National Economy and Public Administration); Seredkina, Ekaterina (Середкина, Екатерина) (The Russian Presidential Academy of National Economy and Public Administration); Vyugovskaya, Elena (Вьюговская, Елена) (The Russian Presidential Academy of National Economy and Public Administration)
    Abstract: The crime rate of the population is an important indicator of the quality of life and social well-being in the country. Crimes make a negative contribution to the social background, to the health and mortality of the population. Juvenile delinquency, among other things, is the basis and reserve of adult criminality. Currently, crime rates are on the decline. At the same time, the level of crime and indicators of other juvenile delinquencies indicate the urgency of this problem. In the studies of foreign and domestic scientists, there are many factors that, to one degree or another, affect the level of juvenile delinquency. In the past few years, Russian media and scientific articles have increasingly begun to cover the AUE movement, characterized by various juvenile delinquency. The aim of this work is to analyze the existence of the AUE movement in the regions of Russia (based on a sociological study) and to assess its impact on the dynamics of juvenile delinquency in Russia and the regions.
    Date: 2020–05
    URL: http://d.repec.org/n?u=RePEc:rnp:wpaper:052026&r=all
  8. By: Sokolov, Ilya (Соколов, Илья) (The Russian Presidential Academy of National Economy and Public Administration); Belev, Sergey (Белев, Сергей) (The Russian Presidential Academy of National Economy and Public Administration); Tischenko, Tatiana (Тищенко, Татьяна) (The Russian Presidential Academy of National Economy and Public Administration); Suchkova, Olga (Сучкова, Ольга) (The Russian Presidential Academy of National Economy and Public Administration); Khuzina, Alfiya (Хузина, Альфия) (The Russian Presidential Academy of National Economy and Public Administration); Komarnitskaya, Anna (Комарницкая, Анна) (The Russian Presidential Academy of National Economy and Public Administration); Matveev, Evgeniy (Матвеев, Евгений) (The Russian Presidential Academy of National Economy and Public Administration); Moguchev, Nikita S. (Могучев, Никита С.) (The Russian Presidential Academy of National Economy and Public Administration)
    Abstract: This report presents the main results of the research on the Methodological approaches to assessing the sustainability of public sector external debt. The paper provides an overview of definitions and empirical approaches to assessing the sustainability of a country's external debt, and analyzes current trends in the dynamics of the debt burden of developed and emerging countries as well. Using a probabilistic approach to the external debt sustainability index, an assessment was made of the probability of solvency of the Russian Federation in terms of external debt, taking into account the specific shocks for the oil-exporting country. Using a binary tree model in a sample of developing countries, we identified the that increase the likelihood of default. Despite maintaining a low level of Russia's external public debt, further loans may be undesirable.
    Date: 2020–05
    URL: http://d.repec.org/n?u=RePEc:rnp:wpaper:052028&r=all
  9. By: Natalia A. Sadovnikova; Olga A. Zolotareva
    Abstract: The article presents the results of multivariate classification of Russian regions by the indicators characterizing the population income and their concentration. The clusterization was performed upon an author approach to selecting the characteristics which determines the academic novelty in the evaluation of regional differentiation by population income and the interconnected characteristics. The performed analysis was aimed at the evaluation of the real scale of disproportions in spatial development of the country territories by the considered characteristics. The clusterization results allowed to formulate the condition of a relatively "strong" position of a group of high-income regions (the changes in the array of regions constituting it is highly unlikely in the foreseeable future). Additionally there has been revealed a group of Russian regions that the population is struggling to live on quite low income. These so-called "poor" regions, within the crisis conditions caused by Covid-19 are in need of additional public support, without which their population will impoverish.
    Date: 2020–10
    URL: http://d.repec.org/n?u=RePEc:arx:papers:2010.07403&r=all
  10. By: Avraamova, Elena (Авраамова, Елена) (The Russian Presidential Academy of National Economy and Public Administration); Karavay, Anastasia (Каравай, Анастасия) (The Russian Presidential Academy of National Economy and Public Administration); Loginov, Dmitriy (Логинов, Дмитрий) (The Russian Presidential Academy of National Economy and Public Administration); Titov, Vladimir (Титов, Владимир) (The Russian Presidential Academy of National Economy and Public Administration)
    Abstract: The aim of the study is, on the one hand, to identify the main and the most widespread types of socio-economic and demographic behavior of the Russian youth and, on the other hand, to find out new types of behavior that appear in the youth environment that will consequently spread among other age cohorts. The informational base of the study is the survey among groups of young people (in the age from 18 to 35) conducted basing on the representative sample all over Russia. The analysis of empirical data allowed to reveal the models of ’Millennials’ economic activity. The new and traditional models of labour and financial behavior are studied. The basic and new models of demographic behavior are found out. The social practices common for young people as well as the forms of solidarity among generations are analyzed.
    Date: 2020–05
    URL: http://d.repec.org/n?u=RePEc:rnp:wpaper:052025&r=all
  11. By: Vartanov, Sergey; Bogatova, Irina; Denisova, Irina; Kucheryanu, Valerian; Tourdyeva, Natalia; Chubarova, Tatyana; Shakleina, Marina; Polterovich, Victor
    Abstract: This work is devoted to the pharmacoeconomic analysis of the results of the introduction of early (preclinical) diagnosis of Parkinson's disease in Russia. On the basis of a combination of socio-economic determinants and a panel of blood biomarkers, it may be possible to identify among the entire population a “risk group” - people most likely to develop parkinsonism or are already sick with it at the preclinical stage. Together with the approach traditionally used in the pharmacoeconomics of chronic and long-term diseases, based on the representation of the dynamics of the development of the disease using Markov chains - discrete random processes without memory - this makes it possible to analyze the economic effects of early detection of cases and conducting preventive preclinical therapy. The work investigated the Markov model of Parkinson's disease, consisting of nine states - five states corresponding to the stages HY1-HY5, two preclinical states ("risk group", "prodromal state"). Using as the initial data for the model, the probability of transition between states and health-adjusted quality of life (HRQoL) estimates, published in a number of works of researchers affiliated with AbbVie Corporation, and calculating the cost of therapy based on open data on the cost of drugs and procedures in Russian market (eapteka, apteka.ru, piluli.ru, website of the Ministry of Health of the Russian Federation), the work shows that due to the introduction of preclinical diagnostics and preventive treatment at preclinical stages, identified patients can significantly increase the average survival time (in quality of life-adjusted years) compared to standard therapy, and the average cost per patient until the end of life can be significantly reduced.
    Keywords: Markov chain with discrete time, Markov model, Parkinson disease, pharmacoeconomics
    JEL: C02 C63 C65 I10 I11 I19
    Date: 2020–09
    URL: http://d.repec.org/n?u=RePEc:pra:mprapa:103096&r=all
  12. By: Vedev, Aleksey (Ведев, Алексей) (The Russian Presidential Academy of National Economy and Public Administration); Kovaleva, Marina (Ковалева, Марина) (The Russian Presidential Academy of National Economy and Public Administration); Kosarev, Andrey (Косарев, Андрей) (The Russian Presidential Academy of National Economy and Public Administration); Stavtseva, Alexandra (Ставцева, Александра) (The Russian Presidential Academy of National Economy and Public Administration)
    Abstract: The relevance of the work carried out to assess the conditions and prospects for the development of regional banks is due to the uncertainty of the development of the banking system of the Russian Federation in general and regional banks in particular in the long term; the increasing contribution of the financial sector to the social and economic development of the country; the high significance of possible crises in the banking sector for the financial stability of the national economy as a whole. The paper analyzes the conditions of functioning and the results of the activities of credit institutions registered in the Far Eastern Federal District, as well as branches of banks located in this district. A survey was conducted of the opinions of shareholders and heads of credit institutions on the following topics: strengths and weaknesses of regional banks, opportunities and threats to development; conditions in the corporate and retail lending market; the state of the interbank lending market; strategic development goals of banks; development prospects of regional banks. In this work, a comparative analysis of the results of surveys of banks in all federal districts was also carried out.
    Date: 2020–05
    URL: http://d.repec.org/n?u=RePEc:rnp:wpaper:052036&r=all
  13. By: Agranovich, Mark (Агранович, Марк) (The Russian Presidential Academy of National Economy and Public Administration); Seliverstova, Irina (Селиверстова, Ирина) (The Russian Presidential Academy of National Economy and Public Administration); Livenets, Marina (Ливенец, Марина) (The Russian Presidential Academy of National Economy and Public Administration); Ermachkova, Yuliya Valerievna (Ермачкова, Юлия Валериевна) (The Russian Presidential Academy of National Economy and Public Administration)
    Abstract: Analysis of the state and development of Russian education on the basis of education monitoring data, FSN results and sociological surveys is aimed at identifying the dependence of the indicators of regional educational systems on external socio-economic factors. The analysis examines the characteristics of the educational system that affect the success of young people in post-school life. The connections and dependencies identified as a result of the analysis can be used in the development of regional educational policy aimed at involving school graduates in vocational education and training, reducing youth unemployment, and increasing the economic activity of young people.
    Date: 2020–05
    URL: http://d.repec.org/n?u=RePEc:rnp:wpaper:052038&r=all
  14. By: Doronova, Tatiana (Доронова, Татьяна) (The Russian Presidential Academy of National Economy and Public Administration); Radionova, Olga (Радионова, Ольга) (The Russian Presidential Academy of National Economy and Public Administration); Alieva, Evelina (Алиева, Эвелина) (The Russian Presidential Academy of National Economy and Public Administration); Tarasova, Natalia (Tarasova, Natalia) (The Russian Presidential Academy of National Economy and Public Administration); Khaylova, Elena (Хайлова, Елена) (The Russian Presidential Academy of National Economy and Public Administration); Doronov, Sergey (Доронов, Сергей) (The Russian Presidential Academy of National Economy and Public Administration)
    Abstract: The paper presents the results of monitoring the implementation of the Federal State Educational Standard of Preschool Education in the Russian Federation and makes proposals for its improvement. The problems of personnel, financial and material-technical equipment of preschool educational organizations in the implementation of the Federal State Educational Standard of DO and the ways of their solution are described.
    Date: 2020–05
    URL: http://d.repec.org/n?u=RePEc:rnp:wpaper:052037&r=all
  15. By: Lavrova, Tatiana (Лаврова, Татьяна) (The Russian Presidential Academy of National Economy and Public Administration); Polyakova, Alexandra (Полякова, Александра) (The Russian Presidential Academy of National Economy and Public Administration); Antipov, Igor (Антипов, Игорь) (The Russian Presidential Academy of National Economy and Public Administration); Krasivskaya, Lyudmila (Красивская, Людмила) (The Russian Presidential Academy of National Economy and Public Administration)
    Abstract: Research and existing practice show that there is a need to increase the professionalism of civil servants, who are the central link in the civil service, and to master new competencies. Due to the fact that the main tool of personnel management is the FSIS "Unified information system for managing the personnel of the state civil service of the Russian Federation" (FSIS "UISU KS"), the current model of personnel work with new volumes of information in the civil service was assessed and promising directions of personnel work on the basis of FGIS "UISU KS". The study is based on both theoretical developments and practice-oriented ones, based on the results of the implementation at the RANEPA under the President of the Russian Federation on the basis of the Higher School of Economics of the project of methodological support for the work of personnel departments in the FSIS "UISU KS".
    Date: 2020–05
    URL: http://d.repec.org/n?u=RePEc:rnp:wpaper:052039&r=all
  16. By: Minasyan, Vigen (Минасян, Виген) (The Russian Presidential Academy of National Economy and Public Administration)
    Abstract: The preprint was prepared on the basis of research work carried out at the RANEPA under the President of the Russian Federation in 2019. This paper proposes a model for assessing the risks of projects of companies in which there is R&D (Research & Development) - research and development work (R&D), a set of measures that includes both scientific research and the production of prototypes and small-scale samples products prior to the launch of a new product or system into industrial production. In this work, a method for assessing the corresponding risks was developed using a modified VaR measure for this application. The constructed model makes it possible to assess the risks of projects with R&D using the risk measure VaR with all possible parameters present in the model. At the same time, the paper analyzes the level of influence of projects with R&D on the economy as a whole.
    Date: 2020–05
    URL: http://d.repec.org/n?u=RePEc:rnp:wpaper:052027&r=all
  17. By: Melnikov, Roman (Мельников, Роман) (The Russian Presidential Academy of National Economy and Public Administration); Koptelov, Matvey (Коптелов, Матвей) (The Russian Presidential Academy of National Economy and Public Administration); Ginoyan, Agrishti (Гиноян, Агришти) (The Russian Presidential Academy of National Economy and Public Administration); Krasnoshchekov, Valentin (Краснощеков, Валентин) (The Russian Presidential Academy of National Economy and Public Administration); Spitsyna, Tatiana (Спицына, Татьяна) (The Russian Presidential Academy of National Economy and Public Administration)
    Abstract: The study proposes methods of infrastructural investments evaluation at macroeconomic and project levels. The impact of infrastructure development on economic growth in Russian regions has been studied using methods of spatial econometrics and panel data. The impact of high-tech perinatal centers opening on reducing infant and maternal mortality has been evaluated considering the effect of learning curve. The techniques to assess information risks and risks of deviation of actual electricity generation from the projected level of nuclear power plant construction projects have been developed
    Keywords: effectiveness of investments, methodological finance
    Date: 2020–10
    URL: http://d.repec.org/n?u=RePEc:rnp:wpaper:102006&r=all
  18. By: Zhemkova, Aleksandra (Жемкова, Александра) (The Russian Presidential Academy of National Economy and Public Administration)
    Abstract: The paper proposes an approach for modeling and evaluating the process of public procurement from the basis of key findings of auction theory. The study has the following structure: the first chapter provides a literature review devoted to modeling and empirical evaluation of the effectiveness of auctions and the public procurement market. The second chapter provides a brief characteristic of the current state and legal foundations of procurement practices in Russia. The third chapter proposes an empirical assessment of a model of determinants of choosing a public procurement procedure by an auctioneer, and a model for evaluating the effectiveness (by the price of a contract) of existing public procurement procedures. The fourth chapter analyzes the main measures of economic policy in the field of procurement regulation, as well as the applicability of these measures in Russia. At the end of the paper, the main findings of the study and recommendations formed on their basis are presented.
    Keywords: public procurement, game theory, game theory models, auctions, competition, dishonest behavior.
    Date: 2020–05
    URL: http://d.repec.org/n?u=RePEc:rnp:wpaper:052030&r=all
  19. By: Lapteva, Lyudmila (Лаптева, Людмила) (The Russian Presidential Academy of National Economy and Public Administration); Yurtaeva, Evgeniya (Юртаева, Евгения) (The Russian Presidential Academy of National Economy and Public Administration)
    Abstract: The current state of the Russian anti-corruption legislation does not meet the social expectations of a decisive and tangible decrease in the level of corruption offenses in the country. It is necessary to revise the current legislation with the subsequent streamlining of the regulatory legal framework for combating corruption. The block related to the participation of society in lawmaking and management, civil, criminal, and administrative legislation, primarily in terms of clarifying definitions, needs serious revision and amendments.
    Keywords: anticorruption laws, corruption, law
    Date: 2020–10
    URL: http://d.repec.org/n?u=RePEc:rnp:wpaper:102005&r=all
  20. By: ITF
    Abstract: This report reviews strategic planning in Estonia’s transport sector to support the development of a Transport and Mobility Master Plan 2021-30 for Estonia. It assesses ten key aspects of transport policy with recommendations for reform. The impact of selected proposed reforms are examined under different scenarios modelled for this study.
    Date: 2020–09–21
    URL: http://d.repec.org/n?u=RePEc:oec:itfaac:78-en&r=all
  21. By: Mushtaq Hussain Khan (University of Azad Jammu & Kashmir, Muzaffarabad.); Junaid Ahmed (Pakistan Institute of Development Economics, Islamabad.); Mazhar Mughal (Pau Business School, France.)
    Abstract: This study examines how crude oil price volatility affected the stock returns of major global oil and gas corporations during three major oil-price wars that took place between October 1991 and June 2020. Episodes considered include the 1998 Saudi Arabia—Venezuela war, the 2014-16 conflict and the 2020 Saudi Arabia—Russia war in a time of unprecedented crisis caused by the COVID-19 pandemic. Our findings reveal a significant evidence for volatility persistence and leverage effects in oil price during the three oil-price wars. These findings are consistent for WTI as well as Brent crude oil specifications. Though the persistence of volatility is similar to that of the previous two oilprice wars, the 2020 Saudi Arabia—Russia oil-price war has higher volatility spikes than the previous two wars. Besides, oil price shocks have a significant and positive effect on the returns of oil and gas companies. These findings provide information on how volatility in global oil prices is also sensitive to irregular events such as price wars between oil producers. This information can be important for economic agents contemplating shorter hedges by managing risks during times of high volatility.
    Keywords: Crude Oil; Oil and Gas Corporations; Oil-price Wars; Stock Returns; Volatility
    JEL: C32 G12 Q40 Q43
    Date: 2020
    URL: http://d.repec.org/n?u=RePEc:pid:wpaper:2020:22&r=all
  22. By: Anatoliy Kostruba (Vasyl Stefanyk Precarpathian National University); Yurii Shemshuchenko (V.M. Koretsky Institute of State and Law, National Academy of Sciences of Ukraine)
    Abstract: This study sets the task of studying the legal aspects of corporate governance in the context of existing international law. Consideration of issues related to the legal aspects of corporate governance is of great importance for the development of common criteria for evaluating their activities from the point of view of existing legal norms. The development of ever new forms of public organizations and the need to develop legislative norms to regulate their activities only emphasizes the importance of the issue under study. The relevance of this problem is of particular importance in light of the fact that to date, the laws of most countries have not yet developed clear criteria governing the corporate activity. This fact leads to difficulties in studying this issue and the high probability of misunderstanding in matters of corporate activity and corporate governance features, not to mention giving this activity a proper assessment from the standpoint of the norms of current legislation. This study sets the task of studying the fundamental legal rules regulating the corporate governance of Ukraine and foreign countries with the identification of the similarities and differences of existing legal standards. The method of comparative analysis of works of domestic and foreign researchers in the framework of the subject under consideration was selected. The applied value of this material is to identify the main criteria for the compliance of the current aspects of corporate governance with international law with a view to the subsequent application of the results in practice. The research prospects in this direction from a legal point of view consist in comparing the current legislative acts regulating international law with regard to corporate governance issues, which opens up great opportunities for analysis of all the provisions of corporate governance and bringing them into line with the norms of existing international law.
    Date: 2020–06–30
    URL: http://d.repec.org/n?u=RePEc:hal:journl:hal-02946112&r=all
  23. By: Galina Larina (National Research University Higher School of Economics); Yulia Kuzmina (National Research University Higher School of Economics); Georgijs Kanonirs (National Research University Higher School of Economics)
    Abstract: Numerical information can be represented in three formats: two symbolic (visual (digits) and verbal (number words)) and one nonsymbolic (analog) format. Studies have shown that the precision of symbolic numerical representation is associated with math performance. The precision of symbolic representation is mostly discussed as the precision of representation in a visual format, whereas the precision of representation in verbal format and its relation with math performance is less studied. The current study examines the precision of symbolic numerical representation in visual and verbal formats and the relationship between such precision and math performance when controlling for prior math performance, nonsymbolic numerical representation, phonological processing, reading skills and working memory. We used data from 367 Russian first graders (mean age, 7.6 years; 53% girls). To assess the precision of symbolic numerical representation, magnitude comparison tasks with digits and number words were used. It was found that the precision of symbolic representation in verbal format did not have a direct effect on math performance, but has an indirect effect via visual format of symbolic representation, even when controlling for prior math performance and other cognitive abilities.
    Keywords: math performance, symbolic numerical representation, number words, digits, first grade.
    JEL: Z I20
    Date: 2020
    URL: http://d.repec.org/n?u=RePEc:hig:wpaper:120psy2020&r=all
  24. By: Bayari, Celal
    Abstract: South Korea has had a continuous engagement with significant trade, investment and security matters simultaneously in its relations with other nations. South Korea’s bilateralism with China is a part of a larger milieu which China has been constructing, that includes the Belt and Road Initiative (BRI) and the Asian Infrastructure Investment Bank (AIIB). South Korea has become a member of the AIIB in December 2015 and it has not joined the BRI. The discussion here also concerns South Korea-China FTA agreement’s aftermath. China is a nation with a very broad range of regional, intraregional and global ambitions and strategies. Undoubtedly, the East Asian security framework has an overbearing impact on the trade and investment environment. Moreover, the relations between Seoul and Pyongyang are relevant to the economic and political developments in East Asia. There are earlier discussions of the structure of the US-South Korea and China-North Korea alliances and there is also prior coverage of the effects of China on North Korean economy and the consequences for South Korea, neither of which will not be recapped here due to lack of space. South Korea, together with the US, Japan, North Korea, China and Russia, has been engaged in a long process of negotiations in several ‘six party talks’ since 2003, to bring a lasting peace to the Korean Peninsula, which have not, as yet, led to a final outcome, as has been the case with the series of the US and North Korean disarmament talks that originated in 1994. While these issues are relevant to the larger context of the topic, in this discussion, the focus is on the South Korean economic model and business systems and its interaction with the Chinese economy and the 2015 FTA and the Chinese business systems.
    Keywords: South Korean economy, Chaebols, China, FTA, Belt and Road Initiative, global value chains
    JEL: A2 B5 B52 E23 E30 E44 E6 F1 F10 F11 F12 F13 F14 F15 F16 F23 F43 F44 F5 G15 G18 G2 G21 G24 H1 H13 H5 H54 H77 J2 J21 J24 J31 J42 K2 K21 K23 L1 L11 L12 L13 L14 L16 M1 M13 O11 O14 O15 O19 P1 P12 P13 P16 P2 P23 P31 P32 P33 P36 P37
    Date: 2020–05–14
    URL: http://d.repec.org/n?u=RePEc:pra:mprapa:102938&r=all
  25. By: Robin Grözinger (IOS Regensburg)
    Abstract: In the early nineties Central and East European Countries (CEEC) took considerable liberalisation efforts which led to visible changes in CEEC trade. In the period under observation, from 1995 to 2016, these countries recorded high growth rates, which exceeded the performance of other regions, such as the OECD and Russia. These trade developments are described and interpreted in this note on a descriptive rather than an analytical basis. First, trade volumes by goods categories are examined to account for what kind of goods are the major trade growth drivers. The expansion of CEEC imports and exports can be accounted for by trade growth specifically of goods used in production, i.e., parts and components, capital goods and transport equipment. It can be associated with the development of vertical production networks among the old EU member states and the new EU-8 countries. Examining EU-8 exports to and imports from Germany confirms this finding: EU-8 states tend to import parts and components and intermediate goods from Germany to produce and export parts and components or final capital goods to Germany. Using the notion of comparative advantage further helps to attribute the extensive development of vertical linkages with the CEEC to the similarity of sectoral productivity vectors between the CEEC and the rest of the world. Second, the effects of liberalisation on the variety versus the intensity of trade are described. The liberalisation of the CEEC economies is expressed by the strong rise in newly traded goods, especially goods used in production, rather than volume growth in already traded goods. Considering imports, a higher input variety might thereby signal a change of the economy’s state of technology.
    Keywords: CEEC, intensive margin, extensive margin, vertical production networks, comparative advantage
    JEL: F1
    Date: 2020–10
    URL: http://d.repec.org/n?u=RePEc:ost:wpaper:389&r=all

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NEP’s infrastructure is sponsored by the School of Economics and Finance of Massey University in New Zealand.