Central Economics and Mathematics Institute

About: Central Economics and Mathematics Institute is a facility organization based out in Moscow, Russia. It is known for research contribution in the topics: Population & Foreign-exchange reserves. The organization has 297 authors who have published 580 publications receiving 6449 citations. The organization is also known as: Federal State Institution of Science Central Economics and Mathematics Institute of the Russian Academy of Sciences.

Functional Differential Equations of Pointwise Type: Bifurcation

Abstract: The importance of functional differential equations of pointwise type is determined by the fact that their solutions are used to construct traveling-wave solutions for induced infinite-dimensional ordinary differential equations, and vice versa. Solutions of such equations exhibit bifurcation. A theorem on branching bifurcation is obtained for the solution to a linear homogeneous functional differential equation of pointwise type.

High-Tech industry budget assessment and planning model

Abstract: In the conditions of a constant budget deficit allocated to the research and manufacturing complex, the problem of value for money take on particular significance. The solution to this problem largely depends on the scientific validity of planning budget expenditures for innovative development and, first of all, on the optimality of the plans being developed in the context of crises, pandemics or sanctions. In this connection, the article analyzes modern research and manufacturing complex development processes under fiscal stress. As a result, economic and mathematical tools based on the analytic hierarchy process will be scientifically substantiated and developed. This method is designed to build a model that allows to quantify and efficiently distribute funds allocated by the State. This is necessary for the formation of that part of the budget item, which refers to the innovative development of knowledge-based industry.

Can Farmers Earn from Selling Their Data? A Theoretical Framework

Abstract: Access to farm data via market may facilitate more productive contracting, as the benefits from alternative contracts might be estimated more comprehensively and precisely Using computer simulations on a stylized model, this study reveals a conflict between public and private interest in establishing such market The model describes contracting under the uncertainty about benefits and the limited agent's capacity to maintain contracts It works in two modes: ordinary (the benefit from only one contract can be estimated each time step) and digital (the benefits from all available contracts are estimated simultaneously and the preciseness is better) The incremental cash flow from changing the ordinary mode for digital, both in private and public dimensions, is in the focus of the study Because of the uncertain and incomplete (in the ordinary mode) estimates, the acceptance or rejection of digitalization depends on risk aversion In a mature economy, the consensus about digitalization is not possible unless the public gain is redistributed In an emerging economy, such consensus is possible if risk lovers are present among the agents and all lotteries with the nonpositive mean are theirs So, the society can earn from the data market but, in the general case, farmers may lose

Improving the Strategic Planning System for the Development of the Oil and Gas Complex in Russia

Abstract: The work is devoted to the improvement of the existing system of strategic management of the Russian oil and gas complex using the program-target method, which is one of the most effective tools of world management practice. The directions for improving the management system of the oil and gas complex of Russia were determined on the basis of the analysis and identified shortcomings of the existing hierarchy of documents of the strategic planning of the development of the oil and gas complex. It was found that the current system of strategic planning of the oil and gas sector is characterized by a large number of documents of various levels, often outdated, adopted with a significant time lag, which are not coordinated with each other in time, goals, objectives, indicators, activities and resources. Documents of the industry level are developed only within the framework of goal-setting, in the absence of the specification of these documents in the forecasts, programs and plans, consistent with budget projections. The system of target indicators used in industry documents does not fully describe the tasks that have been set, which makes it difficult to monitor the development of the oil and gas complex. The article proposes an approach to strategic planning and monitoring of the development of the oil and gas complex using a programtarget method that will allow solving the problems outlined above. The levels and stages of the strategic planning of the development of the oil and gas complex are considered, for each of which an optimized list of strategic planning documents is given. In relation to the oil industry of Russia, a strategic goal, tactical tasks and a set of target indicators characterizing the degree of solving the corresponding tasks have been proposed. In addition, the requirements for sectoral forecasts, programs and plans were considered, and a procedure was proposed for monitoring the implementation of strategic planning documents for the development of the oil and gas complex.