THE FORMATION OF TRANSFER PRICES AND THEIR IMPACT ON THE ECONOMIC PERFORMANCE OF THE SYSTEM
Sofia N. Lyubyashchenko
Novosibirsk State University of Economics and Management, Novosibirsk, Russian Federation
Keywords: industrial policy, production and technological chain, horizontal and vertical interaction of firms, matrix modeling, internal prices, demand function, economic and mathematical models
Abstract
The object of research in the article is large manufacturing and technological companies of discrete production; the subject of study is internal prices and approaches to their determination, which significantly affect the economic performance of the system. For an adequate description of the functioning of the system, matrix modeling based on the methodology of the MOB is proposed. Economic and mathematical models, including the conditions of supply and demand, are used as tools for the interaction of the system’s firms with other firms in the market. The scenarios of the system functioning are considered, approaches to the formation of internal prices and their impact on the economic indicators of the system are proposed. Based on such dependencies, it has been established that the choice of an option for domestic prices can be made only when taking into account the values of a number of economic characteristics of the system, ordered by importance. A variety of internal price options for management decision-making is provided by the developed toolkit (a generator of internal price options). The final decision on the choice of an option for domestic prices in the context of several criteria is made by the LPR for reasons of economic expediency.
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