Tariff Policy for Subjects of Natural Monopolies and Competitiveness of the Russian Economy

In the article the Russian experience of formation of tariff policy for subjects of natural monopolies (further - NM) during 2013-2016 and its main consequences for economy is considered. Considering the influence the natural monopoly branches in the Russian economy observed within the entire period...

Full description

Saved in:
Bibliographic Details
Main Author: Ekaterina Aleksandrovna Ponomareva
Format: article
Language:EN
RU
Published: North-West institute of management of the Russian Presidential Academy of National Economy and Public Administration 2018
Subjects:
Online Access:https://doaj.org/article/e54a4cbeb1904cf78b346e260e0a1d1f
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:In the article the Russian experience of formation of tariff policy for subjects of natural monopolies (further - NM) during 2013-2016 and its main consequences for economy is considered. Considering the influence the natural monopoly branches in the Russian economy observed within the entire period of its existence, the tariff policy in these branches exerts not only direct impact on the enterprises in these branches, in particular, on their investment and personnel policy, but also significant indirect effect on other industrial branches which are consumers of goods of subjects NM. The author shows in the present article that the tariff of natural monopolies can be used as the tool of industrial policy, however, efficiency of its use depends on creation or development of additional market incentives which would allow to increase competitiveness of the industrial enterprises, but not to use the low prices of goods and services of natural monopolies for subsidizing of own inefficiency.