Preview

Russian Journal of Industrial Economics

Advanced search

Optimal pricing at aerospace corporation as the main factor

https://doi.org/10.17073/2072-1633-2015-4-77-85

Abstract

In modern conditions of financial and economic instability, consumer prices growth and tariffs, the Russian aerospace industry enterprises faced the challenge of finding new ways of maintaining price level providing product competitiveness on the market while saving its quality and reliability. The article suggests the applied method of calculating the optimal rate of profitability of gross income taking into account the elasticity of demand on aerospace product market. The developed method allows to calculate the optimal rate of profitability, ensuring, on the one hand, the competitiveness of products by price, and on the other hand, the income of enterprises, which can be invested it its innovative development. It is shown that it is convenient to plan the maximum profit from sales of products in vertically integrated corporations during transfer pricing and then to distribute to suppliers which are integrated into the structure. With this approach, the state budget also receives the maximum tax revenues. The article presents a model for calculating optimal rates of profitability of gross income given wholesale components cost for the parent company in terms of elasticity of demand; an example of calculating the optimal rate of profitability of gross income; non-linear tax mechanism for controlling the growth of prices of suppliers, that are not involved in a vertically integrated corporation.

About the Authors

Y. V. Vlasov
Joint Rocket and Space Corporation
Russian Federation

Candidate of Economics Sciences, Director General,

121059, Moscow, Berezhkovskaya nab., 22



A. A. Chursin
Friendship University of Russia
Russian Federation

Doctor of Economic Sciences, Professor,

117198, Moscow, Miklukho-Maklay Str. 6



V. P. Korneenko
Friendship University of Russia
Russian Federation

Candidate of Economics Sciences, Professor,

117198, Moscow, Miklukho-Maklay Str. 6



References

1. Chursin A.A., Ivanov A.S. Efficient pricing policy as a success factor in the competition. Problemy sovremennoi ekonomiki. 2009. No. 1. Pp. 132–137. (In Russ).

2. Chursin A.A., Dranaeva A.A. Quantitative assessment of the competitiveness of the organization. Oboronnyi kompleks – nauchno-tekhnicheskomu progressu Rossii. 2010. No. 2. Pp. 95–100. (In Russ).

3. Chursin A.A., Shamin R.V., Kokuitseva T.V. Methods of quantitative evaluation of competitive high technology industry. Ekonomika i upravlenie v mashinostroenii. 2012. No. 3. Pp. 41–47. (In Russ).

4. Egerov I.A. Stoimost’ biznesa: Iskusstvo upravleniya. [Business value: Arts Management]. Moscow: Delo, 2003. 480 p. (In Russ).

5. Dolan E.D., Lindsei D. Mikroekonomika. [Microeco nomics.]. St. Petersburg: Ekonomicheskaya shkola, 2009. 189 p. (In Russ).

6. Averina, O.I. Ekonomika predpriyatiya. [Enterprise economy]. Moscow: Delo i servis, 2009. 528 p. (In Russ).

7. Tarasevich V.M. Tsenovaya politika predpriyatiya. [Pricing enterprise policy]. St. Petersburg: Piter, 2006. 272 p. (In Russ).

8. Lorin A.N. Tsenoobrazovanie vo vneshneekonomiches koi deyatel’nosti promyshlennoi firmy. [Pricing in foreign trade activities of industrial firms]. Moscow:

9. Mezhdunarodnye otnosheniya, 2007. 427 p. (In Russ).

10. Koptev Yu.N., Kutakhov V.P., Filippov P.G., Korneenko V.P. Model now control the amount of product produced in the implementation of change in price. Biznes v zakone. Ekonomiko-yuridicheskii zhurnal. 2014. No. 6. Pp.125–128. (In Russ).

11. Punin E.M. Marketing, menedzhment i tsenoobra zovanie na predpriyatii. [Marketing, management and pricing in the company]. Moscow: MEO, 2008. 642 p. (In Russ).

12. Okat’ev N.A., Chursin A.A. Mathematical model of formalization and updating prices for products produced by the rocket and space industry. Spravochnik. Inzhenernyi zhurnal s prilozheniem. 2012. No. 6. Pp.46–51. (In Russ).

13. Korneenko V.P., Solov’eva M.Kh. Optimizatsionnye metody obespecheniya ekonomicheskoi deyatel’nost’yu na osnove optimal’nykh srokov zameny proizvodstvennykh aktivov. [Optimization methods of ensuring economic activity based on the optimal timing of replacement of productive assets]. Moscow: MAKS Press, 2006. 212 p. (In Russ).

14. Kubasova O. A. Formation of strategy of industrial enterprise in the pricing of products sold on the foreign market. Transportnoe delo Rossii. 2012. No. 3. Pp. 212–214. (In Russ).

15. Fedorova T. A. Strategy formation of market value, sold by Russian companies. Izvestiya Tul’sko go gosudarstvennogo universiteta. Ekonomicheskie i yuridicheskie nauki. 2010. No. 2–1. Pp. 257–269. (In Russ).

16. Gorshkov V.G., Ermolaev V.I. Strategy of formation of markets in the corporate sector of industry. Izvestiya Altaiskogo gosudarstvennogo universiteta. 2010. No. 1–2. Pp. 219–221.

17. Druri K. Upravlencheskii uchet dlya biznes-reshenii. [Managerial Accounting for business solutions]. Moscow: YuNITI-DANA, 2003. 655 p. (In Russ).


Review

For citations:


Vlasov Y.V., Chursin A.A., Korneenko V.P. Optimal pricing at aerospace corporation as the main factor. Russian Journal of Industrial Economics. 2015;(4):77-85. (In Russ.) https://doi.org/10.17073/2072-1633-2015-4-77-85

Views: 1039


Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 License.


ISSN 2072-1633 (Print)
ISSN 2413-662X (Online)