Вестник Самарского государственного экономического университета

Вестник самарского государственного экономического университета
Vestnik of Samara State University of Economics

2016 №6 (140)

THEORY OF ECONOMICS

Ermolaev K.N.

ALTERNATIVE VIEWS OF THE ESSENCE OF THE FICTIONAL CAPITAL AND THE PROBLEM OF ITS VIRTUALIZATION

The article considers the methodological significance of the author`s interpretation of the category "capital cover" for the analysis of the essence of the fictitious capital and its virtualization, which is extremely important for the analysis of new developments and trends in the development of the financial market of the post-industrial economy in the era of globalization.
Keywords: capital cover, capital-property, expected value of fictitious capital, fictitious costs.

Email:	ermolaevkn@yandex.ru
Сведения:	Konstantin N. Ermolaev, Doctor of Economics, Professor. - Samara State University of Economics.

Vishnever V.Y.

SOME FEATURES OF COMPETITION ON THE RUSSIAN STOCK MARKET

The author analyzes the competitive environment of the Russian stock market, and represents the distinctive features of competition and monopolization of the Russian stock market.
Keywords: competition, monopolization, stock market, protection of competition, Moscow stock exchange.

Email:	ab3535@mail.ru
Сведения:	Vadim Y. Vishnever, Candidate of Economics, Associate Professor. - Samara State University of Economics.

Stepanova T.Eu., Manokhina N.V.

NEW RULES OF RUSSIAN CORPORATIONS: IMPERATIVE FOR ECONOMIC SANCTIONS

In this article the authors examine the new rules, settings, due to radical changes in the Russian economy and especially in its institutional environment. Institutional changes in the activity of Russian corporations are associated with external challenges such as economic sanctions, which in many respects both change the configuration of macroeconomic policies and the imperatives of modern corporate development. The authors reveal the dualism of economic sanctions on the development of Russian companies, which manifests itself not only in the negative, but also in positive forms.
Keywords: economic sanctions, Russian corporations, dual externalities, import substitution.

Email:	samara@rea.ru, darkanbac@list.ru
Сведения:	Tatiana Eu. Stepanova, Doctor of Economics, Professor. - Samara Institute (branch) of Plekhanov Russian University of Economics; Nadezhda V. Manokhina, Doctor of Economics, Professor. - Saratov Social and Economic Institute (branch) of Plekhanov Russian University of Economics.

WORLD ECONOMY

Flissak K.A.

FEATURES OF PROMOTION OF INTERNATIONAL INTERESTS OF THE USA

The author considers the specifics of US economic diplomacy as an important element of the mechanism of protection and promotion of national interests of the country abroad. The article represents the evaluation of the effectiveness of the US economic diplomacy, and discloses its features in terms of the countries seeking to establish partnerships with the USA.
Keywords: import, export, national interests, economic diplomacy, the United States.

Email:	F77781@mail.ru
Сведения:	Konstantin A. Flissak, Candidate of Economics, Associate Professor, a doctoral candidate of Taras Shevchenko National University of Kyiv (Ukraine).

Trifonov D.S.

STRUCTURAL CHANGES IN THE MODERN WORLD FINANCIAL ARCHITECTURE

This article analyzes the structure of the modern trends in the global financial architecture. The author represents the concept of “global financial architecture”, discloses the sources of its emergence and the various interpretations of this term in the international and domestic literature. The paper illustrates the main institutional elements that define the structure of the global financial architecture, and a gradual analysis of recent changes in their structure, geography and level of influence. It is concluded that there is a multipolar financial world with an increasing role of developing Asian economies in it. The author defines the factors that contribute to this process and its braking. In particular, special attention is paid to excessive financial flexibility that has been analyzed in the Russian scientific literature for the first time.
Keywords: global financial architecture, financial and monetary system, financial institutions, financial centers, excessive financial flexibility, financial crisis, capital, reserve currencies, integration associations.

Email:	ds853828@gmail.com
Сведения:	Dmitry S. Trifonov, a post-graduate student. Saratov Socio-Economic Institute (branch) of Plekhanov Russian University of Economics.

Perepyolkin V.A., Perepyolkina E.V.

REDUCING DEPENDENCIES ON EXPORT OF RAW MATERIALS AND HUMAN CAPITAL OF THE COUNTRY

The article represents the results of the quantitative analysis of gross added value of the economies of Norway and Russia as gas and oil producing countries. The medium-term forecast shows the multidirectional structural development of the analyzed economies in terms of the share of oil and gas: the rate decreases in the economy of Norway and it increases in Russia. The authors prove that the reason for this is the different use of human capital in the economy as an alternative to exploitation of natural capital.
Keywords: gross added value, oil and gas production, public health service, education, structural dynamics, human capital.

Email:	slavaap@rambler.ru
Сведения:	Vyacheslav A. Perepyolkin, Doctor of Economics, Associate Professor; Elena V. Perepyolkina, a post-graduate student. - Samara State University of Economics.

REGIONAL ECONOMY

Grinchel B.M., Nazarova E.A.

REGIONS OF THE VOLGA FEDERAL DISTRICT AS COMPETITIVE ATTRACTION

The article represents the competitive attraction of regions of the Volga Federal District in the social and economic space of Russia. The authors illustrate the tools to calculate the competitive attraction, analyze the competitive advantages of regions of the district, and build a typology of regions in the two-dimensional economic and social-dimensional space.
Keywords: competitive attraction of Russian regions, comparing the ratings in turbulent times, grouping of regions.

Email:	Boris.Grinchel@mail.ru, jane.nazarova@mail.ru
Сведения:	Boris M. Grinchel, Doctor of Economics, Professor, a chief research scientist.; Eugenia A. Nazarova, Candidate of Economics, a junior research assistant - Institute of Regional Economics of Russian Academy of Sciences, Moscow.

Rosenberg G.S., Evlanov I.A., Zibarev A.G., Kozlov V.G., Kudinova G.E., Popchenko V.I., Rubanova M.V., Saksonov S.V., Khasaev G.R.

CONTENT, EVALUATION, PROTECTION AND CONTROL OF BIOLOGICAL DIVERSITY IN THE SOCIAL, ECOLOGICAL AND ECONOMIC SYSTEMS

With the help of different indices the authors analyze the topical assessment and protection problems (within the framework of specially protected natural areas and natural and ecological framework) and the maintenance of biological diversity in ecological and social and economic systems of all sizes. The authors represent a package of measures to implement the natural framework concept of the Volga basin. Special attention is paid to the stages and objectives of management of biological diversity in these systems.
Keywords: biodiversity, indices, specially protected natural areas, control and management.

Email:

genarozenberg@yandex.ru, evlanov.igor@mail.ru, ievbras2005@mail.ru, tomi63@mail.ru, gkudinova@yandex.ru, gr.khas@mail.ru

Сведения:

Gennady S. Rosenberg, Doctor of Biological Sciences, Professor, a corresponding member of the Russian Academy of Sciences; Igor A. Evlanov, Doctor of Biological Sciences, Professor, Head of the Laboratory of Population Ecology; Alexander G. Zibarev, Doctor of Economics, Professor, a corresponding member of the Russian Academy of Sciences, Chief Researcher; Valery G. Kozlov, Doctor of Chemistry, Head of the Laboratory of Environmental Biochemistry; Galina E. Kudinova, Candidate of Economics, Associate Professor, Head of the Environment Economics Group P.; Viktor I. Popchenko, Doctor of Bio-logical Sciences, Professor, a senior researcher of the Laboratory of Small Rivers Ecology; Marina V. Rubanova, Candidate of Biological Sciences, a researcher of the Laboratory of Population Ecology; Sergey V. Saksonov, Doctor of Biological Sciences, Professor - Institute of Ecology of Volga Basin of Russian Academy of Sciences, Togliatti; Gabibulla R. Khasaev, Professor, Rector of Samara State University of Economics.

Lapin A.E., Smolkin V.P.

ASSESSMENT OF THE SOCIAL AND ECONOMIC POTENTIAL OF THE ULYANOVSK REGION

Based on the dynamics of the gross regional product the authors estimate and asses the social and economic potential of the Ulyanovsk region. The article represents quantitative and qualitative characteristics of human resources, and illustrates possible ways to keep and improve the economic potential of the region.
Keywords: economic potential, region, Cobb - Douglas production function, gross regional product, population, human resources.

Email:	eagov01@mail.ru, surap99@mail.ru
Сведения:	Anatoly Eu. Lapin, Doctor of Economics, Professor, Head of Economic Analysis and Public Administration Department; Valery P. Smolkin, Candidate of Economics, Associate Professor - Ulyanovsk State University.

Noskov V.A., Noskov I.V.

THE INCREASING ROLE OF AIR TRANSPORT IN REGIONAL ECONOMY IN THE CONTEXT OF GLOBALIZATION

The authors consider the increasing role of air transport in the sustainable economic development. The air transport system is represented as a territorial Institute, and its role is shown in accelerating the innovation development, improving the competitiveness of the Samara region in the global economy.
Keywords: air transport, innovative economic development, sustainable development of the region, global economy, economic space, society, economic clusters, passenger capacity and cargo intensity of GDP.

Email:	vestnik_sgeu@mail.ru
Сведения:	Vladimir A. Noskov, Doctor of Economics, Professor; Ivan V. Noskov, Candidate of Economics. - Samara State University of Economics.

Maksimova A.S.

FEATURES OF DEMOGRAPHIC SITUATION IN OLD-CULTIVATED REGIONS OF NONCHERNOZEM ZONE OF RUSSIA

The article represents the basic indicators of demographic distress of the regions of Nonchernozem zone in Russia on the basis of the All-Russian population census of 2010 and the current account.
Keywords: demographic distress, age structure of the population, fertility, rural population, migration, Nonchernozem.

Email:	lubi-jizn@yandex.ru
Сведения:	Anastasia S. Maximova, a post-graduate student. - Institute of Social and Political Studies of the Russian Academy of Sciences.

ECONOMICS, ORGANIZATION AND MANAGEMENT OF ORGANIZATIONS, BRANCHES, COMPLEXES

Zhabin A.P., Volkodavova E.V.

STRATEGIC DIRECTIONS OF IMPORT SUBSTITUTION IN RUSSIAN INDUSTRIAL ENTERPRISES

The authors analyze the level of import dependence of the Russian economy, the trends and conditions of import substitution in the Russian industrial enterprises. The article represents statistical and estimated data, that characterize the share of imports and the level of import dependence of the Russian economy on the individual product groups and sub-groups OKVED in order to study import substitution trends and the conclusions of the authors. The authors represent the types of import substitution policies, describe their content, justify conditions for the implementation of each import substitution strategy: inside-oriented, outside-oriented, production strategy of partial components of non-rival imports.
Keywords: import, import substitution, outside-oriented strategy, inside-oriented strategy, production of partial components of non-rival imports, markets of near and far abroad. domestic market.

Email:	vev.sseu@gmail.com
Сведения:	Alexander P. Zhabin, Doctor of Economics, Professor, Head of Management Department; Elena V. Volkodavova, Doctor of Economics, Professor - Samara State University of Economics.

Tretyakova E.A., Tolstobrova N.A., Tolstobrov D.A.

MULTIDIMENSIONAL ANALYTICAL MODEL OF EMPATHIC PRICING OF DIFFERENTIATED PRODUCTS BY MANUFACTURING ENTERPRISE

The article represents the author`s approach to the pricing of the differentiated product that is based on empathic assessment of customer perception of consumer appeal of the products. The multidimensional analytical model allows evaluating and shaping the space of consumer expectations, as well as the features of the base and the investigational product, assessing the importance of all features of the product to the consumer, determining the integrated indicators which characterize the level of implementation of consumer expectations in the base and the investigational product, and the reasonable pricing of the investigational product.
Keywords: customer orientation, pricing, differentiated product.

Email:	vestnik_sgeu@mail.ru
Сведения:	Elena A. Tretyakova, Doctor of Economics, Professor; Nadezhda N. Tolstobrova, Candidate of Economics, Associate Professor; Danil A. Tolstobrov, a post-graduate student. Perm National Research Polytechnic University.

Vyukov M.G.

CAUSES FOR UNSUCCESSFUL PROJECTS OF ORGANIZATIONAL AND ECONOMIC CHANGES IN INDUSTRIAL ENTERPRISES

The purpose of the article is to reflect the results of a survey of managers of industrial enterprises in Russia on the practice of the implementation of organizational and economical changes. The author identifies the relevant problems of the management theory of organizational and economic changes in line with the demands of the real sector of the economy.
Keywords: change management, organizational and economic changes, management models of changes, methods for evaluating the effectiveness of changes.

Email:	930895@list.ru
Сведения:	Michael G. Vyukov, a post-graduate student, Center for Advanced Economic Studies, Academy of Sciences of the Republic of Tatarstan, Kazan.

Voitleva Z.A.

THE ECONOMIC ROLE OF A SMALL AGRIBUSINESS IN SOLVING THE PROBLEM OF IMPORT SUBSTITUTION IN AGRICULTURE IN RUSSIA

The author analyzes the contribution of private (peasant) farms and farms of the population, representing a small Russian agribusiness, in agricultural production, and reveals their role in solving the problem of import substitution in the country`s agriculture. The article represents the features inherent in small business entities of agribusiness, and the causes of hindering their development, it also identifies possible perspectives. The author justifies the necessity to strengthen the support of agricultural producers from the state, and he also examines its possible forms.
Keywords: agriculture, farming population, peasant farm, import substitution, state support.

Email:	agat11@list.ru
Сведения:	Zara A. Voitleva, Candidate of Economics, Associate Professor - Maykop State Technological University.

101

Balashova E.S., Gromova E.A.

DEVELOPMENT TRENDS OF EFFECTIVE MODELS OF RESOURCE MANAGEMENT BY RUSSIAN INDUSTRIAL ENTERPRISES

The purpose of this research is to study the Russian experience of introduction and application of lean manufacturing principles (Lean Production). The authors consider different ways of development of the concept by the Russian enterprises, systematize the tools used by companies and pay great attention to the main performance indicator applying Lean Production - economic effect. The representatives of public corporations "Rostec" and "Rosatom", Industrial Group "Basic Element" Industrial, Open Society "Russian railways" and some large enterprises in Russia have taken part in this research.
Keywords: Lean Production, lean tools, the economic effect, the Russian economy.

Email:	elenabalashova@spbstu.ru, lizaveta-90@yandex.ru
Сведения:	Elena S. Balashova, Candidate of Economics, Associate Professor, Head of Economics and Management of Real Estate and Technology Department; Elizabeth A. Gromova, a post-graduate student – Peter the Great St. Petersburg State Polytechnic University.

106

ACCOUNTING, STATISTICS

Kornev V.M., Danilin D.S.

MODELING AND FORECASTING OF ZERO-COUPON VOLATILITY FOR ONE-YEAR T-BILLS

The article represents the zero-coupon volatility curve of T-bills as one of the most important indicators of the situation on the financial market, and also discloses a technique for short-term forecasting indicator of Value at Risk (with reference to the interest rate) at its 1-year-old site.
Keywords: federal loan bonds, zero-coupon volatility curve, autoregressive conditional heteroscedasticity, forecasting of Value at Risk.

Email:	kornev@bk.ru, faberge-original@mail.ru
Сведения:	Vyacheslav M. Kornev, Doctor of Economics, Professor, Vice-chancellor of Extramural and Additional Education; Dmitry S. Danilin, a Master`s Degree student - Samara State University of Economics.

112

Tatarovskaya T.E.

THE ROLE OF ACCOUNTING AND ANALYTICAL SYSTEM IN SUSTAINABLE DEVELOPMENT OF SMALL BUSINESS

The article illustrates the theoretical aspects of “sustainable development”. The author represents the system of indicators of sustainable development of small businesses on the basis of a comparison of traditional systems of indicators used in the economic sphere, and discloses the effect of the features of sustainable development of small businesses on goals of accounting and analytical system.
Keywords: accounting and analytical system, small businesses, sustainable development, system of indicators, internal business environment, external business environment.

Email:	tatarovskaya.tatyana@gmail.com
Сведения:	Tatiana E. Tatarovskaya, Candidate of Economics, a lecturer, Samara State University of Economics.

119

Andreeva S.V.

IMPLEMENTATION OF THE FAIR VALUE CONCEPT IN ACCOUNTING PRACTICES OF SMALL BUSINESS

The article represents the implementation problems of the fair value concept in accounting practices of small business. The paper illustrates the contradiction between the need of small economic subjects to get the objective accounting and analytical information and the complexity of the implementation of accounting innovations. The author clarifies the factors that complicate the use of the fair value measurement of small enterprises, and suggests some measures to overcome these difficulties. Special attention is paid to the methodical and practical recommendations on the use of the fair value concept and its elements in a simplified accounting activity of small economic entities.
Keywords: concept of fair value, accounting in small enterprises.

Email:	apollonia63@mail.ru
Сведения:	Svetlana V. Andreeva, Candidate of Economics, Associate Professor. - Samara State University of Economics.

124

FINANCE, CURRENCY CIRCULATION AND CREDIT

Krasnyanskaya A.P., Kuzmina O.Yu.

INVESTING IN STRUCTURED PRODUCTS: DEVELOPMENT PROSPECTS

The authors carry out the economic analysis of the main parameters of structured products in the Russian financial market, identify the key problems in the process of investing in these financial instruments, and assess market prospects of structured products.
Keywords: financial market, structured products, investment, capital protection, risk minimization.

Email:	pisakina83@yandex.ru
Сведения:	Anastasia P. Krasnyanskaya, a Master`s Degree student; Olga Yu. Kuzmina, Candidate of Economics, Associate Professor - Samara State University of Economics.

129

Boyko I.A.

DEVELOPMENT TOOLS OF FINANCIAL STABILITY IN THE REGION

The article represents the formation of budget revenues and intergovernmental fiscal relations at the moment. The financial sustainability of regions is characterized by the balance of their budgets, which depends on the budgetary system of the country and the nature of inter-budgetary relations. The author considers such tools regulating the financial sustainability of the regions, as budget and tax regulation.
Keywords: financial stability, interbudgetary relations, budget regulation, tax regulation.

Email:	ir_bk@bk.ru
Сведения:	Irina A. Boyko, Candidate of Economics, a lecturer. - Samara State University of Economics.

135

Tershukova M.V.

MANDATORY BORROWINGS OF BANKS BY THE CENTRAL BANK OF RUSSIA, THE CURRENT STATUS AND WAYS OF THEIR DEVELOPMENT

The article illustrates the content and purpose of mandatory borrowings of banks in the Central Banks as an important tool of monetary regulation of the economy. The article reflects the most significant development stages of mandatory borrowings of banks by the Central Bank of the Russian Federation, the current status of bank reserves in the Russian practice, their role in the regulation of liquidity. The author identifies the ways of minimum reserve requirements in the Russian Federation, taking into account the international practice of bank supervision and regulation.
Keywords: mandatory borrowings of banks, minimum reserve requirements, monetary policy, banking liquidity, loan issue.

Email:	tershukova.marina@yandex.ru
Сведения:	Marina V. Tershukova, Candidate of Economics, Associate Professor. Samara State University of Economics.