Price formation mechanism and tariff protection in a dynamic model of a small open economy in transition
This paper examines the importance and dynamics of prices in a small open economy in transition. Several main features of this process outline the behavior of the mathematical model. The model examines four factors that affect prices after the liberalization of the domestic market: the domestic prod...
| Main Author: | |
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| Format: | Article |
| Language: | Ukrainian |
| Published: |
Igor Sikorsky Kyiv Polytechnic Institute
2010-09-01
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| Series: | Sistemnì Doslìdženâ ta Informacìjnì Tehnologìï |
| Online Access: | http://journal.iasa.kpi.ua/article/view/106955 |
| _version_ | 1797997296599695360 |
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| author | Gayane Oganesyan |
| author_facet | Gayane Oganesyan |
| author_sort | Gayane Oganesyan |
| collection | DOAJ |
| description | This paper examines the importance and dynamics of prices in a small open economy in transition. Several main features of this process outline the behavior of the mathematical model. The model examines four factors that affect prices after the liberalization of the domestic market: the domestic producer price, the cost price of inefficiency, the hyperinflation price, and the world market price, which includes the dynamics of the exchange rate. The numeric simulation of the price dynamics for the cheese segment of Ukrainian food market was made. |
| first_indexed | 2024-04-11T10:30:46Z |
| format | Article |
| id | doaj.art-d83721b68aaa4989b3e0788c7e9394f8 |
| institution | Directory Open Access Journal |
| issn | 1681-6048 2308-8893 |
| language | Ukrainian |
| last_indexed | 2024-04-11T10:30:46Z |
| publishDate | 2010-09-01 |
| publisher | Igor Sikorsky Kyiv Polytechnic Institute |
| record_format | Article |
| series | Sistemnì Doslìdženâ ta Informacìjnì Tehnologìï |
| spelling | doaj.art-d83721b68aaa4989b3e0788c7e9394f82022-12-22T04:29:26ZukrIgor Sikorsky Kyiv Polytechnic InstituteSistemnì Doslìdženâ ta Informacìjnì Tehnologìï1681-60482308-88932010-09-013Price formation mechanism and tariff protection in a dynamic model of a small open economy in transitionGayane OganesyanThis paper examines the importance and dynamics of prices in a small open economy in transition. Several main features of this process outline the behavior of the mathematical model. The model examines four factors that affect prices after the liberalization of the domestic market: the domestic producer price, the cost price of inefficiency, the hyperinflation price, and the world market price, which includes the dynamics of the exchange rate. The numeric simulation of the price dynamics for the cheese segment of Ukrainian food market was made.http://journal.iasa.kpi.ua/article/view/106955 |
| spellingShingle | Gayane Oganesyan Price formation mechanism and tariff protection in a dynamic model of a small open economy in transition Sistemnì Doslìdženâ ta Informacìjnì Tehnologìï |
| title | Price formation mechanism and tariff protection in a dynamic model of a small open economy in transition |
| title_full | Price formation mechanism and tariff protection in a dynamic model of a small open economy in transition |
| title_fullStr | Price formation mechanism and tariff protection in a dynamic model of a small open economy in transition |
| title_full_unstemmed | Price formation mechanism and tariff protection in a dynamic model of a small open economy in transition |
| title_short | Price formation mechanism and tariff protection in a dynamic model of a small open economy in transition |
| title_sort | price formation mechanism and tariff protection in a dynamic model of a small open economy in transition |
| url | http://journal.iasa.kpi.ua/article/view/106955 |
| work_keys_str_mv | AT gayaneoganesyan priceformationmechanismandtariffprotectioninadynamicmodelofasmallopeneconomyintransition |