The Changing Economic Landscape of the Gas Market

2021 ◽  
Vol 61 (10-12) ◽  
pp. 840-854
Author(s):  
S. Kimel’man ◽  
E. Sibirskaia ◽  
O. Simakhina
Keyword(s):  
Gas Market ◽  
Economic Landscape

Factors influencing the structure of the Russian companies' capital

2020 ◽  
Vol 26 (7) ◽  
pp. 1647-1660
Author(s):  
O.N. Likhacheva ◽  
A.S. Belikevich
Keyword(s):  
Correlation Analysis ◽  
Capital Structure ◽  
Systems Approach ◽  
Empirical Studies ◽  
Factors Influencing ◽  
Oil Contracts ◽  
Economic Landscape ◽  
Relationship Of ◽  
Trade Wars ◽  
The Capital Structure

Subject. In the uncertain market environment, the optimal structure of capital is getting more important because it influences the competitiveness of a firm, its financial sustainability and solvency and, consequently, a success. Herein we dwell upon the hypothesis presuming the existence of capital structure determinants. Objectives. We review empirical studies on the subject, analyze determinants of the Russian companies’ capital structure. Methods. The study is based on the systems approach and methods of statistical analysis. Results. It is necessary to monitor how capital is shaped and formed. We investigated proceedings on factors influencing the capital structure and discovered relevant hypotheses, carrying out the correlation analysis of such factors. Conclusions and Relevance. It is especially important to examine factors influencing the capital structure, and find the appropriate format for the economy struggling through the crisis. The coronavirus pandemic unavoidably reshapes the global economic landscape, which has already been under the pressure of deglobalization processes (trade wars, repudiation of oil contracts). The correlation analysis did not reveal any relationship of the variables in question (the company’s age, ROE, ROA, MOEX, key rate, GDP, PPI) and the capital structure. Further research should be devoted to other factors and consider the unreasonableness and psychological background of managers’ behavior who make decisions concerning the capital structure.

Satu Kahkonen and Anthony Lanyi. Institutions, Incentives, and Economic Reforms in India. New Delhi: Sage Publications, 2000. 516 pages. Hardback. Price Indian Rs 595.00.

2001 ◽  
Vol 40 (1) ◽  
pp. 71-74
Author(s):  
Attiya Y. Javed
Keyword(s):  
Reform Process ◽  
New Delhi ◽  
Social Rules ◽  
Reform Agenda ◽  
The Social ◽  
Wide Range ◽  
Rural Governance ◽  
Private And Public ◽  
Economic Landscape ◽  
Number Of Authors

The economic reform process began in India in 1991. However, the reform agenda is still far from its goals as is evident from low per capita income. Thus, this reform effort has not produced the desired outcome of a faster rate of economic and social development in a meaningful way. It is the premise of this volume that to transform the social and economic landscape, the proposed reforms should be broadbased and multi-pronged which take into account incentives for the stockholders in both the private and public sectors. The institutions are the rules that govern economy and include the fundamental legal, political, and social rules that establish the basis for production, exchange, and distribution. The two editors of this volume have received contributions from a number of authors and the wide range of papers are grouped under five main headings: political economy of reforms, reforming public goods delivery, reform issues in agriculture and rural governance, and reforming the district and financial sector.

Peranan Negara dalam Liberalisasi Ekonomi Vietnam: Analisis Terhadap Dasar Doi Moi 1986

2020 ◽  
Author(s):  
Muhamad Helmy Sabtu ◽  
◽  
Khairul Azman Mohamad Suhaimy ◽  
Nurul Aimi Razali
Keyword(s):  
Gender Equality ◽  
Foreign Investment ◽  
Economic Performance ◽  
Level Of Education ◽  
Positive Effects ◽  
Doi Moi ◽  
The People ◽  
Effective Policy ◽  
Economic Landscape

This article analyses the role of state in the policy of economic liberalisation in Vietnam. Doi Moi, which was launched in 1986, is a very influential and effective policy in changing the socio-economic landscape of the people in the country. The results of this study prove that there are positive effects on the increase of foreign investment inflows, the eradication of starvation and unruly poverty, the increase of level of education, the improvement of gender equality and women's rights as well as the sustainability of the environment after Doi Moi is implemented. Through Doi Moi, Vietnam is moving towards a developing country status with good economic performance both at the Southeast Asian and global.

Research on imbalance between supply and demand in China's natural gas market under the double-track price system

Energy Policy ◽  
2021 ◽  
Vol 155 ◽  
pp. 112380
Author(s):  
Jian Chai ◽  
Xiaokong Zhang ◽  
Quanying Lu ◽  
Xuejun Zhang ◽  
Yabo Wang
Keyword(s):  
Natural Gas ◽  
Supply And Demand ◽  
Price System ◽  
Natural Gas Market ◽  
Gas Market ◽  
Double Track

scholarly journals Modeling Post-Liberalized European Gas Market Concentration—A Game Theory Perspective

Forecasting ◽  
2020 ◽  
Vol 3 (1) ◽  
pp. 1-16
Author(s):  
Hassan Hamie ◽  
Anis Hoayek ◽  
Hans Auer
Keyword(s):  
Game Theory ◽  
Statistical Tests ◽  
Parametric Method ◽  
Linear Complementarity Problems ◽  
Market Concentration ◽  
Cournot Equilibrium ◽  
Gas Markets ◽  
Gas Market ◽  
Equilibrium Test ◽  
Non Parametric

The question of whether the liberalization of the gas industry has led to less concentrated markets has attracted much interest among the scientific community. Classical mathematical regression tools, statistical tests, and optimization equilibrium problems, more precisely non-linear complementarity problems, were used to model European gas markets and their effect on prices. In this research, the parametric and nonparametric game theory methods are employed to study the effect of the market concentration on gas prices. The parametric method takes into account the classical Cournot equilibrium test, with assumptions on cost and demand functions. However, the non-parametric method does not make any prior assumptions, a factor that allows greater freedom in modeling. The results of the parametric method demonstrate that the gas suppliers’ behavior in Austria and The Netherlands gas markets follows the Nash–Cournot equilibrium, where companies act rationally to maximize their payoffs. The non-parametric approach validates the fact that suppliers in both markets follow the same behavior even though one market is more liquid than the other. Interestingly, our findings also suggest that some of the gas suppliers maximize their ‘utility function’ not by only relying on profit, but also on some type of non-profit objective, and possibly collusive behavior.

A Mediterranean insular port-city in transition: economic transformations, spatial antagonism and the metamorphosis of landscape in nineteenth-century Hermoupolis on the island of Syros

Urban History ◽  
2014 ◽  
Vol 42 (2) ◽  
pp. 225-245 ◽  
Author(s):  
APOSTOLOS DELIS
Keyword(s):  
Nineteenth Century ◽  
World War Ii ◽  
Economic Importance ◽  
Industrial Capitalism ◽  
Port City ◽  
World War ◽  
Port Cities ◽  
Economic Activities ◽  
Economic Transformations ◽  
Economic Landscape

ABSTRACT:Port-cities provide excellent examples of the socio-economic transformations that occurred during the transition from merchant to industrial capitalism in the second half of the nineteenth century. Hermoupolis on the island of Syros was a major economic centre in Greece and a hub of international trade during the nineteenth century. However, economic transformations that commenced in the 1860s affected long-established port-based activities such as wooden shipbuilding and its related industries due to the decline of sailing ships and the expansion of factories. This factor led to an increase in tension and antagonism between manufacturers and shipbuilders over the use of land and altered the physical and the socio-economic landscape of the port-city. However, new types of economic activities flourished, like the tramp steamship business and factories, which enabled Hermoupolis to maintain its economic importance until World War II.

Behind the Web Store: The Organisational and Spatial Evolution of Multichannel Retailing in Toronto

10.1068/a3562 ◽  
2002 ◽  
Vol 34 (8) ◽  
pp. 1411-1441 ◽  
Author(s):  
Andrew Currah
Keyword(s):  
Urban Space ◽  
Economic Geography ◽  
Information Technologies ◽  
Urban Landscape ◽  
Commodity Chain ◽  
Multichannel Retailing ◽  
Business To Consumer ◽  
Economic Landscape ◽  
The Impact ◽  
The Web

In this paper I address two issues of general relevance to contemporary debates in economic geography: first, the organisational and spatial implications of new information technologies for the economic landscape; and, second, the enduring role of place to digital capitalism. Specifically, I examine the organisational evolution of multichannel retailing in Toronto from a geographical perspective. Bricks-and-mortar retailers are increasingly pursuing a multichannel strategy by operating an Internet-based web store alongside the existing network of physical retail outlets. I therefore evaluate the organisational implications of the adoption of business-to-consumer e-commerce (e-tailing) technology for six Canadian bricks-and-mortar retailers based in Toronto and assess how the associated changes in business structure have been inscribed upon the urban landscape. The argument is developed in three sections. First, I discuss how the formula for competitive advantage in the new (r)etail markets of the developed world has shifted from a pure play to a multichannel organisational paradigm. Second, I provide a background to the development of Canadian e-commerce and an overview of the empirical methodologies employed during the research. Third, the focus of the paper moves ‘behind the web store’ to spatialise the physical places that constitute the fulfilment infrastructure of e-tailing as sequentially linked stages in Internet commodity chains. I evaluate the impact of the Internet commodity chain upon the geographical organisation of each retailer, and, in particular, consider whether the unique logistical requirements of e-tailing have stimulated spatial processes of disintermediation and reintermediation. It is argued that, when read through the lens of Toronto, e-tailing has incurred limited organisational disruption and is characterised by a distinctive geography of integration between online and offline retailing services within the urban space of the city. I conclude the paper by contextualising the findings within themes for conceptual debate in economic geography.

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