по-русски

Actual Problems
of Economics and Law

 

16+

 

DOI: 10.21202/1993-047X.14.2020.2.381-391

скачать PDF

Authors :
1. Evgeniy A. Kapoguzov, Doctor of Economics, Associate Professor, Head of the Department “Economic theory and entrepreneurship”
Omsk State University named after F. M. Dostoevsky

2. Roman I. Chupin, PhD (Sociology), Researcher
Institute for Economics and Industrial Production Organization of the Siberian branch of the Russian Academy of Sciences



Fall of transactional sector: april trends and consequences of economic policy alternatives


Objective: to assess the current trends in the development of the transaction sector in Russia and to identify alternatives to implementing economic policy in the context of restrictions on economic activity.
 
Methods: the research used general scientific methods of cognition; content analysis of literary sources and mass media; comparative discursive categorical analysis.
 
Results: the corona virus pandemic highlighted new challenges for the economies of almost all countries of the world. One of the manifestations of the economic systems’ crisis associated with the pandemic was the reduction of the transaction sector, which determines the need to assess its impact on the Russian economy. Political-economic cause-and-effect relationships of the fight against corona virus and the state of national economies are considered by the example of the “Trump dilemma”. It was found that under strict restrictive measures imposed by most countries of the world, the most vulnerable were transaction sector businesses, primarily in the service sector. By the example of sports as a part of the “impression economy” in Russia
and other countries of the world, we consider the range of negative consequences following the cancellation of sports events and the reduction of sports clubs funding.
 
Scientific novelty: the research presents the author’s position on the existing discourse in the Russian literature on the content and scope of the transaction sector. We also recommend a way to update the choice of socio-economic alternatives to solve the problem of economic functioning under restrictions associated with the corona virus pandemic.
 
Practical significance: the results obtained can be used as recommendations for regional authorities when evaluating and developing economic policy alternatives.

Keywords :
Transaction sector; Economy under coronavirus; Import of institutions; Economy of impressions; Economy of sports

Bibliography :
1. Wallis J. J., North D. C. Measuring the Transaction Sector in the American Economy, 1870–1970, Long-Term Factors in American Economic Growth, S. L. Engerman, R. E. Gallman (eds.), Chicago, University of Chicago Press, 1986, pp. 95–161.
2. Ghertman M. Measuring Macro-economic Transaction Costs: A Comparative Perspective and Possible Policy Implications, Paper presented at the 2nd Annual Conference of the International Society for New Institutional Economics, 1998.
3. Dollery В., Leong W. Measuring the transaction sector in the Australian economy 1911–1991, Australian Economic History Review, 1998, No. 38 (3), pp. 207–231.
4. Hazledine T. Measuring the New Zealand transaction sector, 1956–98, with an Australian comparison, New Zealand Economic Papers, 2001, No. 35 (1), pp. 77–100.
5. Chobanov G., Egbert H., Giuredzheklieva A. The Transaction Sector in the Bulgarian Economy, Paper Presented at the Conference of the International Society for New Institutional Economics, Reykjavik, 2007.
6. Sulejewicz A., Graca P. Measuring the transaction sector in the Polish economy, 1996 to 2002, 9th Annual Conference of the International Society for New Institutional Economics, Barcelona, Spain. 22–25 September, 2005.
7. Dagnino-Pastore J., Farina P. Transaction costs in Argentina, 3rd Annual Conference of the International Society for New Institutional Economics, Washington, USA, 16–18 September, 1999.
8. F. Da Measuring Transaction Costs in the Chinese Economy (1978–2007), EALR. Jul. – Dez. 2010, Vol. 1, No. 2, pp. 281–300.
9. Gurova I. M. Transactional sector: main theoretical aspects, Ekonomika i sotsium: sovremennye modeli razvitiya, 2018, Vol. 8, No. 1 (19), pp. 109–124 (in Russ.).
10. Khasanov I. Sh., Khasanova K. I. Foreign experience of measuring transactional sector of national economy (methodology of measuring transactional cost by American economists North Douglass and John Wallis), Vestnik Tatarskogo gosudarstvennogo gumanitarno-pedagogicheskogo universiteta, 2008, No. 3 (14), pp. 67–70 (in Russ.).
11. Popov E., Veretennikova A. Yu. Structure and volume of transactional sector, Ekonomist, 2014, No. 7, pp. 21–23 (in Russ.).
12. Stratulat I. V., Frolov D. P. Transactional sector of economy: conceptualization and institutionalization, Sovremennye proble¬my nauki i obrazovaniya, 2015, No. 1–1, p. 467 (in Russ.).
13. Litvintseva G. P., Gakhova N. A. Dynamics of transactional sector of the Russian economy: as D. North taught, Journal of Institutional Studies, 2016, Vol. 8, No. 2, pp. 38–50 (in Russ.).
14. Sharafutdinova K. A., Vlasov M. V. Comparative analysis of transactional costs, Zhurnal ekonomicheskoi teorii, 2019, Vol. 16, No. 4, pp. 881–886 (in Russ.).
15. Popov E. V. Theory of transactional estimation of economic institutions, Vestnik Permskogo natsional'nogo issledovatel'skogo politekhnicheskogo universiteta. Sotsial'no-ekonomicheskie nauki, 2014, No. 2 (23), pp. 44–59 (in Russ.).
16. Sukharev O. S. Theory of dysfunctions: problem of management and specifying the goals of macroeconomic development, Vestnik Instituta ekonomiki Rossiiskoi akademii nauk, 2020, No. 1, pp. 95–112 (in Russ.).

Citation :
Kapoguzov E. A., Chupin R. I. Fall of transactional sector: april trends and consequences of economic policy alternatives, Actual Problems of Economics and Law, 2020, Vol. 14, No. 2, pp. 381–391 (in Russ.). DOI: http://dx.doi.org/10.21202/1993-047X.14.2020.2.381-391

Type of article : The scientific article

Date of receipt of the article :
27.04.2020

Date of adoption of the print :
28.05.2020

Date of online accommodation :
25.06.2020