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Managing Developmental Programs (on the Example of the Chemical Industry)
 
PIIS042473880004710-0-1
DOI10.31857/S042473880004710-0
Publication type Article
Status Published
Authors
Oleg Braginsky 
Occupation: head of the Laboratory of strategic development of industries
Affiliation: Central Economics and Mathematics Institute, Russian Academy of Sciences
Address: Moscow, Russian Federation
Svetlana Sedova
Occupation: Senior Research Scholar
Affiliation: Central Economics and Matthematics Institute, Russian Academy of Sciences
Address: Russian Federation
George Tatevosian
Occupation: Leading Research Associate
Affiliation: Central Economics and Mathematics Institute, Russian Academy of Sciences
Address: Russian Federation
Journal nameEkonomika i matematicheskie metody
Edition
Pages74-85
Abstract

 

 

The article is devoted to the problem of economic mechanism of the governmental programs for industrial and regional development. The information and analytical base of the study consists of two governmental programs for development of the Russian petrochemical complex. The analysis of the development of this complex compared with global trends in the development of petrochemical chemistry. In accordance with the objective of the work, the projects of the investment part of these programs were divided into three groups: high-tech projects and megaprojects for mass production public demand, both corresponding to the global trends in petrochemistry as well as import-substituting projects. The main elements of the economic mechanism of development programs are considered. The focus is on pricing. The necessity of applying contract prices that are not subject to market fluctuations and at the same time ensure a sufficient level of profitability is proved. To stimulate an advanced level of investment in the most promising projects, it is recommended to establish incentive price premiums. A modification of the multi-criteria optimization model, designed to form the structure of the investment part of the development program, is presented. In the model, there is an agreement on the amount of financing and the timing of the launch of projects, on the one hand, and the need for funds of the Federal Budget, reinvested profits and credit, on the other. An approach is proposed that allows using the model to study the effect of prices on products produced within the framework of the program being developed, its structure and indicators. To study the impact of the proposed economic mechanism on the structure of the investment part of the program, experimental calculations were carried out, which showed its significant improvement. However, this impact was limited. The conclusion is made about the need to improve the quality of the original structure of the designed program.

Keywordseconomic mechanism, program, investment project, pricing, profitability
AcknowledgmentThis article was prepared with the financial support of the Russian Foundation of Fundamental Research (project 17-06-00198).
Received23.05.2019
Publication date22.08.2019
Number of characters29990
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