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nep-cis New Economics Papers
on Confederation of Independent States
Issue of 2019‒03‒18
fifteen papers chosen by



  1. The main formats of international cooperation of the subjects of the Russian Federation and its impact on the regional economy By Pakhomov, Alexander (Пахомов, Александр); Makarov, Andrey (Макаров, Андрей); Bagdasaryan, Kniaz (Багдасарян, Княз)
  2. Opportunities for enhancing the investment process in the Russian economy, taking into account regional aspects of its development By Vedev, Aleksey (Ведев, Алексей); Berezinskaya, Olga (Березинская, Ольга); Schelokova, Dina (Щёлокова, Дина)
  3. Development of approaches to the formation of an integrated system for assessing the effectiveness of development institutions By Sokolov, Ilya (Соколов, Илья); Khudko, Elizaveta (Худько, Елизавета); Tischenko, Tatiana (Тищенко, Татьяна); Kireeva, Anastasia (Киреева, Анастасия); Moguchev, Nikita (Могучев, Никита)
  4. Analysis of the determinants of the emergence and localization of new enterprises in Russia at the micro level By Pleskachev, Yuriy (Плескачев, Юрий); Ponomarev, Yuriy (Пономарев, Юрий)
  5. Externalities and Agricultural Import Bans: Evaluating Regionalization Measures in Light of the Russia – Pigs Dispute By Emily Blanchard; Mark Wu
  6. The impact of the minimum wage on the labor market and the level of poverty in Russia By Lopatina, Marina (Лопатина, Марина); Lyashok, Victor (Ляшок, Виктор)
  7. Availability of development resources for various socio-economic groups of the population By Avraamova, Elena (Араамова, Елена); Loginov, Dmitriy (Логинов, Дмитрий); Titov, Vladimir (Титов, Владимир)
  8. RUSSIA AND FRANCE IN THE WORLD SPACE OF HIGHER EDUCATION By Igor Bartsits; Elena Ponomarenko; Kirill Bykov; Alexandre Bystriakov; Frédérique Vidal; Oleg Curbatov; Gulnara Krasnova; Stéphane Ngo Maï; Ani Oganesyan; Virginie Oddo; Chivleta Taguirova
  9. Analysis of the budgetary consequences of the transition to the federal contract system By Belev, Sergey (Белев, Сергей)
  10. Dynamics of the social structure of the population of Russia By Maleva, Tatiana (Малева, Татьяна); Burdyak, Aleksandra (Бурдяк, Александра); Eliseeva, Marina (Елисеева, Марина)
  11. Factors affecting the profitability of long-term investments in stocks and bonds of Russian issuers By Abramov, Alexander (Абрамов, Александр); Radygin, Alexander (Радыгин, Александр); Chernova, Maria (Чернова, Мария)
  12. Demographic dynamics, value orientations and electoral behavior By Korotaev, Andrey (Коротаев, Андрей); Shulgin, Sergey (Шульгин, Сергей); Medvedev, Ilya (Медведев, Илья); Romanov, Dmitriy (Романов, Дмитрий); Efremov, Igor (Ефремов, Игорь); Zinkina, Yulia (Зинькина, Юлия)
  13. BANKING REGULATION WITH RISK OF SOVEREIGN DEFAULT By Pablo D'Erasmo; Igor Livshits; Koen Schoors
  14. Bargaining power and market power: approaches to separation for the purposes of antitrust policy By Morozov, Anton (Морозов, Антон Н.); Pavlova, Natalia (Павлова, Наталья С.)
  15. Russie : un retour réussi sur la scène agricole mondiale. Des années 1990 à l'embargo By Thierry Pouch

  1. By: Pakhomov, Alexander (Пахомов, Александр) (The Russian Presidential Academy of National Economy and Public Administration); Makarov, Andrey (Макаров, Андрей) (The Russian Presidential Academy of National Economy and Public Administration); Bagdasaryan, Kniaz (Багдасарян, Княз) (The Russian Presidential Academy of National Economy and Public Administration)
    Abstract: This working paper reviews the main directions of international cooperation between the Federal subjects of Russia and other states. Current inter-regional and cross-border cooperation of the Federal subjects of Russia is carried out with various groups of countries. We have studied the common features and peculiarities between Federal subjects of Russia on one side and European Union itself with separate European countries on another side, as well as with member States of the Association of Southeast Asian Nations (ASEAN). The study shows that international cooperation with foreign countries has a positive impact on the economic sectors development and foreign trade activity of Federal subjects of Russia, as well as helps to deal with numerous social and humanitarian problems, including education, tourism, etc.
    Date: 2019–02
    URL: http://d.repec.org/n?u=RePEc:rnp:wpaper:021930&r=all
  2. By: Vedev, Aleksey (Ведев, Алексей) (The Russian Presidential Academy of National Economy and Public Administration); Berezinskaya, Olga (Березинская, Ольга) (The Russian Presidential Academy of National Economy and Public Administration); Schelokova, Dina (Щёлокова, Дина) (The Russian Presidential Academy of National Economy and Public Administration)
    Abstract: The work is devoted to the analysis of the dynamics of investments in fixed capital and the problems of their resource provision in the regions of the Russian Federation. The relevance of the work is determined by the weak pace of the Russian economy’s exit from the investment pause that began in 2014, as well as the tightening of restrictions on the development of the investment process. Under these conditions, the possibilities for expedient support of the investment process in the Russian economy, on the one hand, are decreasing, and on the other hand, are becoming an increasingly important factor in the revival of investment activity. In this regard, an analysis of possible scenarios for activating the investment process in the Russian economy, which would take into account regional and resource aspects, can become productive.
    Date: 2019–03
    URL: http://d.repec.org/n?u=RePEc:rnp:wpaper:031908&r=all
  3. By: Sokolov, Ilya (Соколов, Илья) (The Russian Presidential Academy of National Economy and Public Administration); Khudko, Elizaveta (Худько, Елизавета) (The Russian Presidential Academy of National Economy and Public Administration); Tischenko, Tatiana (Тищенко, Татьяна) (The Russian Presidential Academy of National Economy and Public Administration); Kireeva, Anastasia (Киреева, Анастасия) (The Russian Presidential Academy of National Economy and Public Administration); Moguchev, Nikita (Могучев, Никита) (Gaidar Institute for Economic Policy)
    Abstract: One of the most important issues for the effective functioning of the Russian economy is associated with the activity of state development institutions. In this study, the authors try to evaluate the impact that the development institutions have on the economy of Russia. To solve this problem, the authors have developed a methodology for assessing the effectiveness of the activities of development institutions, which was tested at three development institutions.
    Date: 2019–03
    URL: http://d.repec.org/n?u=RePEc:rnp:wpaper:031912&r=all
  4. By: Pleskachev, Yuriy (Плескачев, Юрий) (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: Entrepreneurial activity and especially emergence of new companies, according to international literature, has a positive effect on GDP and other important macroeconomic parameters. Increasing budget efficiency spending and economy growth rates above the world average are have very high priorities in Russia and are closely connected to the questions of properly stimulating the emergence and development of new companies. The empirical model presented in this paper allows evaluating the influence of various factors on the emergence of new companies in Russia.
    Date: 2019–03
    URL: http://d.repec.org/n?u=RePEc:rnp:wpaper:031907&r=all
  5. By: Emily Blanchard; Mark Wu
    Abstract: Article 6 of the SPS Agreement presents a series of interlinked obligations for importing and exporting countries of diseased agricultural products. The Russia – Pigs dispute raises the question of when an importing country is justified in imposing a ban on products from exporting countries unaffected by the disease, on the basis of the fact that the country is part of the same customs union as another country inflicted with the disease. This Article contends that four distinct classes of cross-border and cross-product externalities ought to play in an important role when assessing this question in the future. It discusses the possible roles to be played by bilateral, sequential, pass-through, and supply chain externalities in propagating the transmission of agricultural disease across borders through trade.
    Keywords: Externalities, Dispute Settlement, SPS, African Swine Flu, Agricultural Disease
    Date: 2018–12
    URL: http://d.repec.org/n?u=RePEc:rsc:rsceui:2018/60&r=all
  6. By: Lopatina, Marina (Лопатина, Марина) (The Russian Presidential Academy of National Economy and Public Administration); Lyashok, Victor (Ляшок, Виктор) (The Russian Presidential Academy of National Economy and Public Administration)
    Abstract: One of the main mechanisms by which the state regulates the size of wages, is the value of the minimum wage. From the beginning of 2018, first of all, regional coefficients were excluded from the minimum wage, and secondly, the federal minimum wage was raised to the level of the subsistence minimum of the able-bodied population. In the light of the reform of 2018, it is important to analyze the mechanisms of the influence of federal and regional minimum wages on the labor market and the level of poverty.
    Date: 2019–03
    URL: http://d.repec.org/n?u=RePEc:rnp:wpaper:031902&r=all
  7. By: Avraamova, Elena (Араамова, Елена) (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 to assess the availability of development resources for various socio-economic group. The main resources of development are the following: availability of permanent employment, salary rise, growth of professional status (vertical labour mobility), increase in the level and quality of education, improvement of social status, development of social capital. The information base of the study is the survey conducted basing on the representative sample for whole Russia and a series of in-depth interviews with representatives of the population groups with different levels of resource availability. The analysis of empirical data allowed to calculate the indices of various development resources and to describe socio-economic characteristics of the population groups that differ in the values of corresponding indices.
    Date: 2019–03
    URL: http://d.repec.org/n?u=RePEc:rnp:wpaper:031904&r=all
  8. By: Igor Bartsits (RANEPA, Russian Presidential Academy of National Economy and Public Administration); Elena Ponomarenko (RANEPA, RUDN University); Kirill Bykov; Alexandre Bystriakov (RANEPA); Frédérique Vidal; Oleg Curbatov (CEPN - Centre d'Economie de l'Université Paris Nord - UP13 - Université Paris 13 - USPC - Université Sorbonne Paris Cité - CNRS - Centre National de la Recherche Scientifique, IAUPL - Association Internationale des Professeurs et Maîtres de Conférences des Universités (UNESCO)); Gulnara Krasnova; Stéphane Ngo Maï (Université de Nice, Parc Valrose, 06034 Nice, France - UNS - Université Nice Sophia Antipolis - UCA - Université Côte d'Azur , UCA - Université Côte d'Azur); Ani Oganesyan (RANEPA); Virginie Oddo (Université de Nice, Parc Valrose, 06034 Nice, France - UNS - Université Nice Sophia Antipolis - UCA - Université Côte d'Azur , UCA - Université Côte d'Azur); Chivleta Taguirova
    Abstract: Ce livre blanc évalue l'état actuel de la coopération entre la Russie et la France dans le domaine de l'enseignement supérieur, présent en revue les perspectives de son élargissement, analyse les facteurs-clés qui influencent le développement de l'enseignement supérieur, identifie des formes innovantes de l'enseignement supérieur et les modèles principaux de coopération des universités en réseau. Les meilleures pratiques de mise en œuvre de la coopération en réseau franco-russe et des facteurs de son efficacité, y compris la législation et les solutions en matière de gestion, sont étudiées dans la première partie de cet ouvrage. Les instruments qui favorisent l'élargissement de la coopération en réseau des établissements d'enseignement supérieur en Russie et en France, ainsi que le nombre croissant des programmes d'études communs sont également développés dans la deuxième partie. Le rapport a également identifié les tendances du développement de nouveaux modèles universitaires en France et en Russie et a engagé une analyse comparative des réformes du système d'enseignement supérieur et de recherche dans les deux pays. Il propose des recommandations concrètes de nature institutionnelle et économique pour les universités russes qui sont intéressées au développement de la coopération avec les universités françaises et vice-versa. Ce livre blanc peut être utilisé pour le développement de la coopération internationale dans le domaine de l'éducation, ainsi que par toute personne intéressée (Enseignants-chercheurs, VP Recherche, VP Relations Internationales, étudiants et doctorants ) poursuivant des objectifs de coopération universitaire liés à la recherche ou à l'enseignement supérieur. Prêt dans le Catalogue du SUDOC PNN 228213223 http://www.sudoc.fr/228213223 Consultation dans la Bibliothèque Nationale de France n°: FRBNF45636660 https://catalogue.bnf.fr/ark:/12148/cb45 636660s
    Keywords: Higher education reforms,Higher Education,Enseignement supérieur,Enseignement supérieur en Russie,Enseignement supérieur et recherche,Enseignement supérieur russe,Russie au XXI siècle,Diplomatie scientifique,Diplomatie non gouvernementale,Diplomatie universitaire,Enseignement supérieur -- Études comparatives
    Date: 2018–05–21
    URL: http://d.repec.org/n?u=RePEc:hal:journl:hal-02048837&r=all
  9. By: Belev, Sergey (Белев, Сергей) (The Russian Presidential Academy of National Economy and Public Administration)
    Abstract: This paper identifies the main changes in the Russian public procurement legislation in terms of their potential impact on the effectiveness of public procurement, provides an overview of the specifics of contractual relations in the “state-to-state” procurement segment. The report also presents an empirical research of the consequences of the changes studied and the analysis of the results. It was found that despite the much wider and deeper coverage of all stages of public procurement, changes in legislation cannot lead to the solution of the existing problems. It was revealed that in a significant proportion of the procurement in the “state-to-state” sector, it is not a compensation for “market failures”. Such situation can result in a decrease in the efficiency of relevant economic sectors as well as in the deterioration of the main functions of the public sector. The empirical analysis of the budgetary consequences on the example of the construction industry also cannot confirm the effectiveness of the federal contract system.
    Date: 2019–03
    URL: http://d.repec.org/n?u=RePEc:rnp:wpaper:031909&r=all
  10. By: Maleva, Tatiana (Малева, Татьяна) (The Russian Presidential Academy of National Economy and Public Administration); Burdyak, Aleksandra (Бурдяк, Александра) (The Russian Presidential Academy of National Economy and Public Administration); Eliseeva, Marina (Елисеева, Марина) (The Russian Presidential Academy of National Economy and Public Administration)
    Abstract: This preprint is devoted to two topics from the scope of the current state of the social structure - comparing the situation of employees of the budget and private sector and analyzing the restrictions (deprivations) of representatives of different strata. State employees and non-state employees are studied from the point of view of material and material status, social and professional status and subjective well-being in dynamics for 2015-2017. The features of these two groups of people employed in the middle classes according to an integral feature are also described.
    Date: 2019–03
    URL: http://d.repec.org/n?u=RePEc:rnp:wpaper:031903&r=all
  11. By: Abramov, Alexander (Абрамов, Александр) (The Russian Presidential Academy of National Economy and Public Administration); Radygin, Alexander (Радыгин, Александр) (The Russian Presidential Academy of National Economy and Public Administration); Chernova, Maria (Чернова, Мария) (The Russian Presidential Academy of National Economy and Public Administration)
    Abstract: Analysis of open-ended mutual investment bond funds held for the period 2011-2018. The choice of benchmarks is complicated by a small number of indices and short intervals of their calculation by suppliers of indices. To assess the effectiveness of portfolios, two approaches were used: one-factor model (analogue of CAPM) and a multi-factor model (analogue of Carhart and Fam-French models). The multifactor model, along with the market premium, includes factors representing the market risk of equity, the risk of duration and the risk of default. The stock market factor is an indicator of general economic conditions, and other risk factors are risks in the bond market. Most of the premiums for the studied risk factors are significantly different from zero. For all premiums, high volatility and variability of signs in separate periods means the manifestation of the main feature of factor strategies - the need to follow them for a long time.
    Date: 2019–02
    URL: http://d.repec.org/n?u=RePEc:rnp:wpaper:021929&r=all
  12. By: Korotaev, Andrey (Коротаев, Андрей) (The Russian Presidential Academy of National Economy and Public Administration); Shulgin, Sergey (Шульгин, Сергей) (The Russian Presidential Academy of National Economy and Public Administration); Medvedev, Ilya (Медведев, Илья) (The Russian Presidential Academy of National Economy and Public Administration); Romanov, Dmitriy (Романов, Дмитрий) (National Research University Higher School of Economics); Efremov, Igor (Ефремов, Игорь) (The Russian Presidential Academy of National Economy and Public Administration); Zinkina, Yulia (Зинькина, Юлия) (The Russian Presidential Academy of National Economy and Public Administration)
    Abstract: The paper shows the existence of a relationship between people's value preferences and their political behavior, as well as the relationship between the demographic characteristics of society and value preferences. The first part of the work presents an overview of work on the relationship of value systems with demographic factors and electoral behavior. The second part of the work describes the procedure of a sociological study of the relationship of value orientations and electoral behavior in the presidential elections of Russia in 2018, as well as electoral preferences in the period after the elections. In the third part of the work, an analysis is made of the connection of individual value measurements with demographic factors and electoral behavior, and electoral preferences in Russia.
    Keywords: demography, gender, age, value orientations, electoral behavior, electoral preferences, values of preservation, values of openness to change, values of caring for others, values of self-affirmation
    Date: 2019–03
    URL: http://d.repec.org/n?u=RePEc:rnp:wpaper:031901&r=all
  13. By: Pablo D'Erasmo; Igor Livshits; Koen Schoors (-)
    Abstract: Banking regulation routinely designates some assets as safe and thus does not require banks to hold any additional capital to protect against losses from these assets. A typical such safe asset is domestic government debt. There are numerous examples of banking regulation treating domestic government bonds as “safe,” even when there is clear risk of default on these bonds. We show, in a parsimonious model, that this failure to recognize the riskiness of government debt allows (and induces) domestic banks to “gamble” with depositors’ funds by purchasing risky government bonds (and assets closely correlated with them). A sovereign default in this environment then results in a banking crisis. Critically, we show that permitting banks to gamble this way lowers the cost of borrowing for the government. Thus, if the borrower and the regulator are the same entity (the government), that entity has an incentive to ignore the riskiness of the sovereign bonds. We present empirical evidence in support of the key mechanism we are highlighting, drawing on the experience of Russia in the run-up to its 1998 default and on the recent Eurozone debt crisis.
    Keywords: Banking; Sovereign default; Prudential regulation; Financial crisis
    JEL: G01 G28 F34
    Date: 2019–03
    URL: http://d.repec.org/n?u=RePEc:rug:rugwps:19/964&r=all
  14. By: Morozov, Anton (Морозов, Антон Н.) (The Russian Presidential Academy of National Economy and Public Administration); Pavlova, Natalia (Павлова, Наталья С.) (The Russian Presidential Academy of National Economy and Public Administration)
    Abstract: At first glance, the effects of market power on one side of the market are similar to the effects of asymmetric distribution of bargaining power. This is the source of their mistaken confusion. These effects include both distributional and coordination. However, some of the effects may be related to the distribution of winnings, for example, in favor of sellers, but not related to restricting competition (the so-called exclusionary practices). The prevailing approaches to law enforcement in Russia, based primarily on the concepts of market power, dominant position and abuse of dominance, give rise to the question of the need to find a new balance between the categories of restriction of competition and the effects of bargaining power.
    Keywords: bargaining power, bargaining power, buyer power, balancing power, dominant position
    JEL: K21 L12
    Date: 2019–03
    URL: http://d.repec.org/n?u=RePEc:rnp:wpaper:031910&r=all
  15. By: Thierry Pouch (REGARDS - Recherches en Économie Gestion AgroRessources Durabilité Santé- EA 6292 - URCA - Université de Reims Champagne-Ardenne - SFR Condorcet - URCA - Université de Reims Champagne-Ardenne - UPJV - Université de Picardie Jules Verne - CNRS - Centre National de la Recherche Scientifique)
    Date: 2018
    URL: http://d.repec.org/n?u=RePEc:hal:journl:hal-02050661&r=all

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