Articles by : Pustovoit Oleh V.№ 4/2008
Institutional problems of economic developmentPUSTOVOIT Oleh V.1
1Institute for Economics and Forecasting, NAS of Ukraine
Market: economic essence, typological and specific difference
ABSTRACT ▼
The author considers the main methodological approaches to and difficulties of analysis and assessment of escape of capital. She analyses the Russian experience of the research on the problem of escape of capital and provides various quantitative assessments of the volumes of escape of capital from Ukraine’s economy based balance of payments data during 2000 – first half of 2008
Keywords:
JEL:
| Article in Russian (pp. 44 - 55) | Download | Downloads :225 |
| Article in Ukrainian (pp. 44 - 55) | Download | Downloads :235 |
REFERENCES ▼
№ 2/2014
Political economyPUSTOVOIT Oleh V.1
1Institute for Economics and Forecasting, NAS of Ukraine
Research on the market structure: directions, methodology, applied possibilities
| Ekon. teor. 2014; 2:44-60 | |
ABSTRACT ▼
In the article, the scientific methods of the research on the market structure of the national economy are extended. Their use allows analyzing the effect of a specific market structure on the sources and dynamics of the efficiency of the national commercial production. This method of analysis is based on the following assumptions: markets are institutional structures whose cores consist of a set of basic institutions; every such basic institution is capable of constructing a separate market type; any industrial market has a complex type structure, and can be simultaneously price-unbalanced and both monopolized and concentrated as well as closed to new products and entities; market type structure can be changed as a result of the reforming of ineffective market institutions; a new and more accomplished specific market structure itself changes the behavior of customers and salespeople, and stimulates their transition from the sectors of traditional products into those of innovated and better quality goods and services; in turn, expansion of the production of innovative and better quality goods results in deeper processing of the natural resources and increases its effectiveness; and the effectiveness of the commodity production turns into the main source of increasing its efficiency.
The above assumptions have been applied for the development of a research methodology to be applied to the national markets. Its essence can be presented as follows: market structure ? the behavior of the market players ? sources of the efficiency of commodity production. The methodology has a vast range of application. It allows substantiating the advisability and guidelines of institutional reforms in the economy and estimating their consequences including the negative ones in the form of hidden losses for the society’s welfare caused by decreased structural efficiency of the commodity production.
The Ukrainian case study of the proposed methodology gives unambiguous results on whose basis we argue that, during recent seven years, Ukrainian society has been paying a high price for not implementing any reforms aimed at improving the structure of the domestic market. The result of the fragmental activity of the state authorities in this direction is that, starting from 2006, the growth of the commodity output in Ukraine has been much lesser than it could have been. In particular, in 2012, commodity output was by more than 20% lower than it could have been if the structural efficiency had remained at the level of 2005. As a result, in 2006-2012, average annual losses of the society’s welfare were at approximately 6,0% of the actual volume of the domestic market.
Keywords:market structure; market types; effectiveness, efficiency of commodity production; economic growth; losses of the society’s welfare
JEL: D400, O470
| Article in Russian (pp. 44 - 60) | Download | Downloads :196 |
| Article in Ukrainian (pp. 44 - 60) | Download | Downloads :340 |
REFERENCES ▼
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№ 1/2017
Political economyPUSTOVOIT Oleh V.1
1Institute for Economics and Forecasting, NAS of Ukraine
Market: evolution of understanding and search of the subject matter
ABSTRACT ▼
The author investigates the evolution in the scientific understanding of the notion of market, and in the approaches to its definition within the traditional microeconomic theory, theory of sectoral market structures, neo-institutional, traditional institutional theory and the theory of economic growth. Provided reasonable proof of the feasibility of the study of the current market in a national economy as an influential factor of its uneven growth in the medium and long term.
Keywords: market, object, object of study, commodity exchanges, institutions, mobility of the factors of production, economic growth.
JEL: В 49, Е 32
| Article in Russian (pp. 25 - 45) | Download | Downloads :400 |
| Article in Ukrainian (pp. 25 - 45) | Download | Downloads :378 |
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