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On the pages of the magazine "Baltic Economic Journal" there is a theoretical and practical generalization of economic thought. The main areas of economic science presented in the journal are regional and sectoral economics, as well as finance. The emphasis is on the economics and finances of the fisheries sector. The journal is intended for graduate students and practicing specialists in the field of economics and finance. Articles by young scientists are published.

Current issue

No 3(43) (2023)
View or download the full issue PDF (Russian)

REGIONAL AND SECTORAL ECONOMY

6-16 42
Abstract

The article presents a hypothesis about the impact of state support for innovative industrial clusters on ensuring the competitiveness of the region. The arguments confirming the put forward hypothesis are given. The reasoning is based on an analysis of the requirements imposed by the state on industrial clusters applying for state support, as well as the conditions approved in the framework of the state cluster policy. The continuity of monitoring the activities of innovative industrial clusters within the framework of state support is shown as a prerequisite for the mandatory fulfillment of all other elements of the list of requirements for industrial clusters applying for state support. The mandatory nature of the list of requirements for cluster applicants for state support is presented as a success factor for the functioning of clusters. The innovative nature of the activities of clusters that claim state support is characterized as the basis for ensuring the stability and competitiveness of the region in a crisis.

The features of the influence of state support for innovative industrial clusters on the competitiveness of the region through ensuring the economic and socio-economic security of the region are presented. The requirement for a high level and positive dynamics of labor productivity in an industrial cluster applying for state support is characterized as a desire to achieve not only direct economic results in the form of increasing the efficiency of the cluster, but also to increase the creative and innovative potential of the labor resources of the region, and, therefore to increase its competitiveness. The results of the analysis of the principles of organizing state support for innovative industrial clusters are presented. The conclusion is made about the need for close mutually beneficial cooperation between the industrial sector and the field of education, which contributes to strengthening the competitiveness of the region.

17-25 17
Abstract

The article concept defined and types of economic efficiency criteria, analyzes each of the presented criteria. The key differences between the calculation methods and considered areas for performance and application.

26-37 20
Abstract

Tension in the world economy and politics leads to an increase in threats to the economic security of enterprises with their participation in foreign economic relations. In the context of growing uncertainty, state strategic planning documents can become sources of information for analyzing threats and desirable development directions. The article presents the results of the analysis of challenges and threats contained in the state strategic planning documents, which can be used by enterprises in order to ensure their economic security in the course of foreign economic activity. The documents also identify challenges that can be used by enterprises as guidelines for further development. The study was carried out on the basis of the distribution of information into blocks, which will help to systematize and use it in determining the directions for ensuring economic security. The use of strategic documents as a source of information can be useful for further expanding the methods of analyzing threats to economic security at the enterprise level.

37-47 16
Abstract

The successful implementation of technological schemes for the extraction of aquatic biological resources largely depends on the forecast of the efficiency of fishing vessels during oceanic fishing based on simulation models of production business processes. The article proposes an algorithm for creating and developing simulation models of the main business processes of the extraction of aquatic biological resources, starting with a meaningful description of the process and ending with specific documentation on the use of the model in practical conditions of oceanic fishing.

47-55 19
Abstract

The article presents an approach to managing the agro-industrial complex using the concept of ESG-rating. The influence of ESG indicators on the efficiency of using the potential of an enterprise, as well as its advantage in creating a competitive management strategy, is noted.

56-63 21
Abstract

The article analyzes the impact of sanctions on the export of food products and agricultural raw materials from the Russian Federation, highlights the main difficulties and positive aspects of the sanctions. The commodity and geographical structure of exports of agricultural products from the Russian Federation over the past 5 years is considered in detail, Russian regions are identified as leaders in terms of export volumes.

64-81 17
Abstract

The purpose of the article is to conduct a study to assess the impact of the semi-exclusive position on the gross value added of the Kaliningrad region. The literary sources devoted to the analysis of the problems of socio-economic development of the region in the conditions of isolation from the metropolis are summarized. It is emphasized that semi-exclusivity causes negative dynamics on the development of the economy and leads to a decrease in the level of well-being of citizens of the Russian Federation living in the Kaliningrad region. The author's methodology for assessing the reduction of regional added value in a semi-enclave is proposed and implemented. Economic growth is identified with the cargo turnover of transport in the region, which is compared with its work in the Russian Federation as a whole and in the NWFD. The dynamics of the difference between the adjusted GVA per capita in the Russian Federation, in the Northwestern Federal District and the Kaliningrad region for the period from 2016 to 2020 is analyzed. A regression analysis of the dependence of the adjusted GVA on the total amount of transported goods in the Kaliningrad region was carried out. The economic losses of gross value added per capita and for the entire population of the region are calculated. It is concluded that, per capita, the GVA grows more slowly in the Kaliningrad region than in Russia as a whole and the NWFD in particular. The economic characteristics of three possible directions of trade turnover from the territory of the Kaliningrad region are proposed. The preferences of choosing the best direction of development to attract investment in the regional economy of the semi-enclave are substantiated.

FINANCE

82-98 25
Abstract

According to the data of official sources, the consumption of fish products in Russia is decreasing due to the rise in prices in recent years. It is necessary to understand the reaction of prices in the case of changes in certain price factors in order to correct this trend. The purpose of the paper is to identify and describe the factors that form the basis of the pricing mechanism for fish products in Russia. We rely on the research of domestic and foreign authors on the problems of market pricing and development of the fishery. In our work, we use standard techniques and methods of statistical analysis. The object of the study is the factors affecting consumer prices for fish products in Russia. Rosstat's data on price dynamics and price factors make up the information basis. We discovered some regularities in the formation of prices for fish products, which can be explained both by the provisions of market theory and by trends in the Russian economy. The results of our research can be useful for fishing companies and state regulatory bodies at the sectoral and macroeconomic levels.

WORLD ECONOMY

99-112 28
Abstract

The economy of the European Union (EU), one of the three largest economies in the world, consists of the economies of 27 countries. These countries have different levels of economic and socio-political development, which is a serious problem for the EU. Usually within the level of economic development analysis of EU countries, 14 countries joined the EU before May 2004 (EU Group 14) are compared to another 13 countries that have joined the EU since May 2004 (EU group 13),оr analysis used to be conducted within the EU group 14 countries (or within theEU group 13countries). Presented research based on the analysis of the level and dynamics of economic development of the EU founding countries: Belgium, Italy, Luxembourg, the Netherlands, France, Germany. On March 25, 1957, these countries signed the Treaty Establishing the European Economic Community (EEC), which entered into force on January 1, 1958. On January 1, 1994, the EEC was transformed into the EU on the basis of the Maastricht Treaty. This study was conducted on the previously developed methodology for determining and assessing the level and dynamics of the country's economic development. The analysis made it possible to assess the level of economic development of the founding countries of the EU in 2015 and in 2021, the change in the level of their economic development of the studied countries over this period of time, the gap in the level and dynamics of economic development of these countries that are members of the single integration association of countries (EEC-EU) for more than 65 years, the importance of the Benelux Union in the development of Belgium, the Netherlands, Luxembourg.



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