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The solution of problems regulation of entrepreneurship sector of economy puts forward among
the most urgent problem of determining the reserves of its growth in each of regions in Russia. The
aim of the study was to assess the two-factor production function, describing the dependence of the
turnover of small enterprises in the regions on wages of employees and investments in fixed capital.
A production function similar to the Cobb-Douglas function without scale constraints was evaluated.
The study was based on empirical spatial data characterizing the activities of small enterprises, including
micro enterprises. Official statistical information on 82 regions of Russia for 2017 was used.
The study allowed to prove the high quality of approximation on initial data obtained by the twofactor
production function, to prove that the economy regions of Russia has not reached saturation
with small enterprises. The advantages of choice as a factor in assessing the production function
small entrepreneurship in regions of flow of investment and wages of workers and spatial data for
one year are shown. The developed production function is an effective management tool that allows
you to establish the effectiveness of the use of financial and labor resources by small businesses in
Russia and specific regions. The results of the study, namely new knowledge to assess the production
activities of small businesses, have scientific and practical value. They can be used in research,
monitoring the business climate, determining resource needs, substantiating plans and programs
for the development of small business in Russia.
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№ 2(74)
29 june 2019 year
Rubric: Industry market Authors: Slepenkova E., Lamkova A., Lavrova A., Polyakova N. |
Over the last years video game industry enjoyed a vigorous yield growth that significantly increased
the appeal of the video games digital retail platforms for major game developers. Steam is
a world-wide leader in video games’ digital distribution industry. This article provides insight into the
robustness of Steam’s dominating market position in a highly competitive and rapidly developing
environment. The research is based on a market analysis, conducted with the use of such online
intelligence tools. The authors carried out an online survey among Russian users, with the total number
of participants exceeding 4300. Using the methods of cluster analysis, 4 main user segments
were selected, later used to assess the market positions of Steam’s competitors. These results,
compared to and combined with the market analysis, led the authors to the conclusion that Steam’s
market-dominating position in endangered. Based on the results of the research the authors present
the recommendations on Steam’s internet strategy concerning the major segment of digital distribution
platforms’ users.
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In modern Russia, pawnshops are recognized as a socially important part of the financial system
of the country, since 2014 this market segment is under the direct supervision of the Bank of Russia.
But there are still many myths, stereotypes and misconceptions inherent in the unscientific approach
to microfinance of Russian citizens on the security of movable property. At the same time, Lombard
business is moving forward in accordance with the latest technical innovations and business trends,
subject to General economic theory. In the article, the author tried to reveal the main issues of the
structure of this market and the relationship between the participants, identified current business
models, segmented by global criteria, identified the core of the market and formalized its role in the
development strategy of all participants. The indicators of market concentration are calculated, the
competitive environment is characterized, analogies with the market of microfinance organizations
are carried out. The data of the Bank of Russia, the Federal tax service, various systems and portals,
expert opinions are used as an information base.
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The processes of import substitution in agriculture and the state of agri-food markets are considered
in the article in the context of the development of a model of system dynamics in AnyLogic environment.
The need to use the simulation method is explained by the complexity of the competitive
environment in terms of protectionism policy. The purpose of the work is to develop a mechanism
for regulating the food market: determining the equilibrium volumes of domestic production, imports
and exports, in which the level of consumer prices and incomes of producers are harmonized. The
results of the model on the example of poultry meat market showed that modern export volumes
are clearly insufficient. If the physical volume of exports does not increase by about three times, the
incomes of producers will fall to a critical level and, consequently, the upward trend in supply may
change direction. The novelty of the work lies in the fact that the results of modeling can calculate
the characteristics of the industry market in a state of equilibrium: the volume of exports and imports,
domestic production, price, stocks, etc. The main conclusions and provisions of the work can be
used for the development of economic policy measures and management decisions on the regulation
of food markets.
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The author in this article formulates seventeen elements of category management, which reflect
the essence and content of this approach. Further, five basic elements are distinguished from them
and the classification of existing definitions of the concept of category management is carried out,
their strengths and weaknesses are described. Based on the analysis, the existing definitions are
clarified by formulating a comprehensive category management definition.
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The aim of the article is to decide whether competition in road construction has any influence on
road quality in Russia or not. Therefore, the article deals with the analysis of correlation between
quality of roads and intensity of competition for the road construction market. The analysis is held
on the basis of conclusion about poor content of existing legislative road quality standards. The
competition level is measured using the information about public procurement in road construction
sector in Russia. The sample includes information about procurement for the road construction in 20
regions in 2016. The hypotheses about correlation between concentration level and the level of entry
barriers are tested. The methodology of the research includes analysis of competition level in pairs
of comparable regions as well as regression analysis, which is done to examine influence of regions’
individual characteristics on competition level and road quality. The conclusion about significant role
of competition in road quality improvement is made.
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