Institutional Rent in Metallurgy: Ways of Use

DOI: https://doi.org/10.33917/es-6.180.2021.68-75

The article describes the possible use of institutional rent of the largest metallurgical companies associated with their non-market advantages. The author identifies the channels for obtaining such rent, including differences in the tax burden, difference in the rates of involved financial resources for companies operating in different institutional conditions, state support and benefits from peculiarities of the vertical organization of production. Some estimates of institutional rent are obtained and questions are raised about the income and expenses level, fair for the economy, of the companies that receive it. The directions, in which large companies spend the received rent, are highlighted; it is emphasized that withdrawal of “windfall revenues” can be made only after they are compared with non-market expenses of companies, imputed by the state. At the same time, information on such costs is scattered, inaccurate and therefore requires serious assessment and monitoring. The author substantiates an approach wherein the state and big business are interested to seek a mutually beneficial use of the received institutional rent.

Источники:

 

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Printing Outsourcing: Local Market with Global Dominance

DOI: https://doi.org/10.33917/es-4.178.2021.136-141

Using the example of print outsourcing, the article examines the problems of analyzing and forecasting markets that significantly depend on the global players’ behaviour. At the same time provisions of the economic domination theory allow, through highlighting the typical strategies of market participants, to identify a number of new trends emerging in the market and opening up for Russian companies. First of all, they have to do with such processes as transition to electronic document management, expansion of the sphere of product labeling and traceability systems. In addition, the 2020 crisis has resulted in creation of a new demand for organizing home workplaces, changing the requirements for IT systems architecture in large offices. Based on the case studies of the companies that are present on the market, the author draws up conclusions on notable changes in the role of large Russian companies in this market, including under the impact of transformations on the related markets

Alpha Business in the Russian Food Market

DOI: 10.33917/es-6.164.2019.68-77

The example of the food sector shows that concentration trends in Russian business have led to its stratification into three levels with different institutional conditions and the dominance of the upper levels (alpha business) over the lower one (beta and gamma business). The features of the Russian alpha business against the background of a similar world hierarchy, the logic of its transformation and interaction with the government are analyzed. The requirements for the country development strategy based on the functional balance of the different levels of business are determined