Публикации

Целью государственных театров является как увеличение выручки, так и  увеличение числа зрителей. В работе на данных Пермского театра оперы и балета за 4 сезона выявляется эффект цены на спрос на билеты для различных типов спектаклей и мест в зале. С помощью метода цензурированной квантильной регрессии оцениваются параметры функции спроса. В работе выявлено, что спрос является слабо эластичным по цене. Также в работе показано, что неучет качественных характеристик спектаклей и мест в зале, а также ограниченной вместимости зала приводит к смещению оценок функции спроса. 

This paper explores the relationship between socioeconomic factors—particularly, the rate of time preferences and alcohol consumption in Russia. The rate of time preferences shows an individual’s willingness to delay the utility from consumption to future periods of time. The relationship between this rate and indicators of alcohol consumption is examined separately for men and women. We find significant differences in men’s and women’s patterns of consumption of alcohol. Our findings suggest that the rate of time preferences, along with age, educational level, income, place of residence, and health substantially, affects an individual’s decision to drink alcohol. We show that employment status is endogenous to alcohol consumption and that estimating a system of binary equations is necessary.

В рамках настоящего исследования авторы рассматривают влияние неопределенности исхода матчей на их посещаемость в Российской футбольной Премьер-лиге (РФПЛ). Данные РФПЛ объективно отражают спрос со стороны болельщиков, поскольку крайне редко на игры оказываются проданными все билеты и, следовательно, спрос на просмотр матчей не ограничен вместимостью стадиона. Кроме того, на данный момент не существует исследований, посвященных исследованию влияния неопределенности исхода на посещаемость матчей в РФПЛ, и эта работа позволяет оценить реакцию российских болельщиков на неопределенность. Авторы выявили, что меньшая неопределенность результата матча ведет к большему спросу на него. Это объясняется эффектом гостевой команды: зрители более заинтересованы в том, чтобы увидеть игру сильных команд, приезжающих в их город, чем в том, чтобы наблюдать за матчами с высокой неопределённостью между двумя более слабыми командами.

Purpose: The paper explores factors of the low competitiveness of Russian companies assuming that the gap in the endowment of intangible resources is responsible for the gap in competitiveness.

Design/Methodology: The framework of resources-based view is used to examine causality between the resources employed and competitiveness measured by Economic Value Added. Controlling for the most relevant factors, we place an emphasis on those intangible resources that are considered in the literature as being the most critical for Russian companies when contending for global competitiveness: productivity, strategic long-term orientation of companies, quality of human capital, innovative behaviour of companies, foreign investments, and corporate networks. The dataset of more than 1000 Russian companies benchmarked to the dataset of more than 1600 European companies during a period of 10 years: 2004-2013 is analyzed to test the hypothesis put forward.

Findings: Causal effect of the gap in intangible endowment and competitiveness of Russian companies compared with European rivals is revealed. According to our analysis, gaps in productivity, strategy implementation, qualifications of the board of directors and company location play critical roles in the global competitiveness of Russian companies. Meanwhile, underinvestment in structural resources, like those such as ERP systems and other intangible assets, are considered positive factors that reduce gaps in EVA.

Originality/value: The paper introduces original approach for studying the gap in performance caused by gap in employed resources. 

 

The issue of capital city relocation is a topic of debate for more than forty countries around the world. In this first book to discuss the issue, Vadim Rossman offers an in-depth analysis of the subject, highlighting the global trends and the key factors that motivate different countries to consider such projects, analyzing the outcomes and drawing lessons from recent capital city transfers worldwide for governments and policy-makers.

В эпоху экономики знаний нематериальные активы считаются ключевыми драйверами стоимости. Мы предлагаем инструмент для выделения компаний, имеющих уникальные нематериальные активы (в отличие от общедоступных). Подобная способность определяет качество нематериальных активов. Для проверки того, являются ли эти способности результатом навыка мы используем бутстрап-подход к инференции. Наши результаты показывают, что только 22% компаний обладают навыками создания знания. Практическая применимость иллюстрируется составлением портфеля компаний, способных к созданию знаний. Этот портфель демонстрирует более высокую доходность, коэффициент Шарпа и меньшую просадку , чем индекс S&P500.   

This research combines theories of civil society and local self-governance in describing citizen participation in solving neighborhood problems. Similar to neighborhood associations elsewhere, in Russia “organizations of territorial social selfgovernance” (TOS) have been formed to facilitate citizen participation in improving their communities. This research presents the first ever study of TOS across all Russian regions, drawing on a range of secondary data, lists of registered groups, and a phone survey of potential collaboration partners conducted in 2015. This paper explores the current state of these groups and their potential for collaboration with other civic organizations, government and business.

The article examines how identity is represented through space in Anglo-Irish literature of the Troubles in the context of public multimodal public discourse. The paper addresses the structure and functions of the space in Anglo-Irish novels of the Troubles within the framework of visual and verbal identity. It also focuses on verbal and visual ways of identification of the place in divided society as it is represented by Anglo-Irish literature. The analysis of the novels demonstrated that place identity performed in the real life is represented in the novels and operate there not only as a recognizable landscape marker creating a historical background of the novels but performs several communicative functions. Visual and verbal identity represent community solidarity and unification. In case of identity cognition of the other community are associated with the threat. A more detailed view of four Troubles novels give a detailed picture of how place is conceptualized as an integral part of national identity.

Representing ‘The Irish national self’ in Anglo-Irish literature of the Troubles is one of the key topics, which is inseparable from British national identity since these communities are intermingled in Northern Ireland and compete for space and political dominance. Little attention of critics was paid to the analysis of linguistic means of constructing national identity. This paper examines how national identity is formed in literary discourse within the framework of discourse analysis in the Troubles novels. I suggest that in the novels considered national identity manifests itself through a purposeful choice of discourse strategies (construction, destruction and justification) and language means. Conceptualizing both identities is based on conceptualizing space and religious identity but what makes them distinctive is narrating political history. Irish national identity, as represented in the Troubles novels, is based on the idea of victimization and trauma memorization, while British national identity relies heavily on mythologizing historical victory. Both identities are constructed in binary oppositions to a conflicting community and are mostly negative.

This study explores the value creation and agent conflict in a company that employs intangibles. The conceptual model of value creation is used to test how intangibles affect companies' outperforming and simultaneously build investors' expectations. The research is carried out using a sample of more than 1,650 European companies covering the period from 2004 to 2011. The study reveals the diverse impact of intangibles on the outperforming of a company by Economic Value Added (EVA) and its ability to create market value (MVA). The study discovers that managers are prone to set positive signals for investors rather than create sustainable competitive advantages. This work contributes primarily to the field of corporate governance in companies that employ intangibles. The issues to be considered when designing rules and incentives for proper communication between managers and investors that drive both outperforming and sustainable value creation are emphasized.

The present study analyzes Perm, Russia residential housing market supply focusing on sellers' heterogeneity. Many indicators of heterogeneity were consi- dered in the previous research, and all of them were proved to have a great impact on housing prices and time on the market. However, the gap exists in evaluating sellers’ pricing strategies in dynamics mostly because of unavailable data. Current study clears out the effect of time on price using data on asking price dynamics. We employ semiparametric sample selection estimation proce- dure which accounts for the unobserved property characteristics and non-random selection of objects out of the sample. We consider two main types of sellers: real estate agents and property owners, and show that real estate agents appear to be more impatient compared to property owners. Specifically, they set a lower asking price initially and are more likely to revise it over time if the object is not sold.