ANALYSIS OF DEMAND CURVES IN THE STOCK AND FINANCIAL MARKETS OF MONOPOLISTIC COMPETITION

Objective: to identify patterns of monopolistic competition as applied to markets of household appliances, consumer loans and insurance products in Russia. Methods: econometric modeling, trending, regression analysis, analysis of statistical significance. Results: the statistical analysis of trends...

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Main Authors: M. I. Geras’kin, V. V. Manakhov
Format: Article
Language:English
Published: Tatar Educational Center “Taglimat” Ltd. 2016-06-01
Series:Russian Journal of Economics and Law
Subjects:
Online Access:https://www.rusjel.ru/jour/article/view/1993
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author M. I. Geras’kin
V. V. Manakhov
author_facet M. I. Geras’kin
V. V. Manakhov
author_sort M. I. Geras’kin
collection DOAJ
description Objective: to identify patterns of monopolistic competition as applied to markets of household appliances, consumer loans and insurance products in Russia. Methods: econometric modeling, trending, regression analysis, analysis of statistical significance. Results: the statistical analysis of trends in the market of household appliances, insurance and credit markets has been carried out; the statistical significance and adequacy of the models has been assessed; adequate and accurate regression models of price trends of household appliances and electronics have been developed, as well as of the interest rates of consumer loans and insurance rates for loan debts. Scientific novelty: the actual patterns of decreasing demand curves for household appliances, consumer loans and insurance products were found for the relevant markets in the Russian Federation in 2009-2014. Practical significance: the model can be used for solving problems of optimal planning strategies of retailers, insurers and banks.
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publisher Tatar Educational Center “Taglimat” Ltd.
record_format Article
series Russian Journal of Economics and Law
spelling doaj-art-c37cd84365eb412db8d9de57a3a7fe832024-12-18T11:47:02ZengTatar Educational Center “Taglimat” Ltd.Russian Journal of Economics and Law2782-29232016-06-01102809210.21202/1993-047X.10.2016.2.80-921991ANALYSIS OF DEMAND CURVES IN THE STOCK AND FINANCIAL MARKETS OF MONOPOLISTIC COMPETITIONM. I. Geras’kin0V. V. Manakhov1Samara National Research University named after Academician S. P. KorolevSamara National Research University named after Academician S. P. KorolevObjective: to identify patterns of monopolistic competition as applied to markets of household appliances, consumer loans and insurance products in Russia. Methods: econometric modeling, trending, regression analysis, analysis of statistical significance. Results: the statistical analysis of trends in the market of household appliances, insurance and credit markets has been carried out; the statistical significance and adequacy of the models has been assessed; adequate and accurate regression models of price trends of household appliances and electronics have been developed, as well as of the interest rates of consumer loans and insurance rates for loan debts. Scientific novelty: the actual patterns of decreasing demand curves for household appliances, consumer loans and insurance products were found for the relevant markets in the Russian Federation in 2009-2014. Practical significance: the model can be used for solving problems of optimal planning strategies of retailers, insurers and banks.https://www.rusjel.ru/jour/article/view/1993economy and national economy managementmonopolistic competitionproduct marketcredit marketinsurance marketpriceinterest rateinsurance ratesregression modeldetermination coefficientfisher criterionstudent criterion
spellingShingle M. I. Geras’kin
V. V. Manakhov
ANALYSIS OF DEMAND CURVES IN THE STOCK AND FINANCIAL MARKETS OF MONOPOLISTIC COMPETITION
Russian Journal of Economics and Law
economy and national economy management
monopolistic competition
product market
credit market
insurance market
price
interest rate
insurance rates
regression model
determination coefficient
fisher criterion
student criterion
title ANALYSIS OF DEMAND CURVES IN THE STOCK AND FINANCIAL MARKETS OF MONOPOLISTIC COMPETITION
title_full ANALYSIS OF DEMAND CURVES IN THE STOCK AND FINANCIAL MARKETS OF MONOPOLISTIC COMPETITION
title_fullStr ANALYSIS OF DEMAND CURVES IN THE STOCK AND FINANCIAL MARKETS OF MONOPOLISTIC COMPETITION
title_full_unstemmed ANALYSIS OF DEMAND CURVES IN THE STOCK AND FINANCIAL MARKETS OF MONOPOLISTIC COMPETITION
title_short ANALYSIS OF DEMAND CURVES IN THE STOCK AND FINANCIAL MARKETS OF MONOPOLISTIC COMPETITION
title_sort analysis of demand curves in the stock and financial markets of monopolistic competition
topic economy and national economy management
monopolistic competition
product market
credit market
insurance market
price
interest rate
insurance rates
regression model
determination coefficient
fisher criterion
student criterion
url https://www.rusjel.ru/jour/article/view/1993
work_keys_str_mv AT migeraskin analysisofdemandcurvesinthestockandfinancialmarketsofmonopolisticcompetition
AT vvmanakhov analysisofdemandcurvesinthestockandfinancialmarketsofmonopolisticcompetition