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.

Environmental Effects Evaluation of Innovative Renewable Energy Projects

Abstract: Developing sustainable renewable energy projects involves complex decision-making processes. At present time planning and developing of renewable energy projects across the globe imply calculation and consideration of negative environmental effects at all stages of energy project life cycle. The aim of the paper is to develop an environmental effects evaluation methodology based on ecological impact categories through all the stages of lifecycle of renewable energy technologies. We used data envelopment analysis to calculate the efficiency score for each renewable energy technology. EcoInvent database has been chosen as a source of eco-indicators. We suppose the efficiency ratio will remain unchanged when transferring estimates of the life cycle of renewable energy facilities to another territory. This allows us to use data obtained in other regions of the world to extrapolate comparative assessments and make the deliberate choice of the most environmentally preferable technology. The input-oriented DEA modelling has demonstrated geothermal and biogas technologies are the most preferable from an environmental point of view with the highest possible score. The least effective technologies are both modifications of PV with the minimum efficiency score. The results of the presented work indicated that DEA showed great promise to be an effective evaluating tool for future analysis on energy policy issues.

On Lindeberg-Feller Limit Theorem

Abstract: In the Lindeberg–Feller theorem, the Lindeberg condition is present. The fulfillment of this condition must be checked for any e > 0. We formulae a new condition in terms of some generalization of moments of order 2 + $$\alpha $$ , which does not depend on e, and show that this condition is equivalent to the Lindeberg condition, and if this condition is valid for some $$\alpha > 0$$ then it is valid for any $$\alpha $$ > 0. In the nonclassical setting (in the absence of conditions of a uniform infinitely smallness) V.I. Rotar formulated an analogue of the Lindeberg condition in terms of the second pseudo-momens. The paper presents the same modification of Rotar’s condition, which does not depend on e. In addition, we discuss variants of the simple proofs of theorems of Lindeberg–Feller and Rotar and some related inequalities.

Exchange Rate Undervaluation and Growth in China

Abstract: The widely held belief that China’s undervalued exchange rate has been crucial to its rapid industrialization and economic growth over the last four decades is critically qualified and nuanced. In any case, renminbi (RMB) appreciation, rising wages with exhaustion of its labour surplus, growing domestic demand and slowing international trade and growth following the 2008 global financial crisis have reduced China’s economic growth.

Anti-corruption Strategy for Business in Russia

Abstract: The article provides a new definition of corruption; it also classifies its types that both domestic and foreign businesses are facing in Russia. The main elements of anti-corruption strategy are presented, which are based on the analysis of sources of corruption and the ways of its penetration into businesses. Practical recommendations are provided on building anti-corruption strategy for Russian and foreign companies.