Механізм формування цін і тарифи у динамічній моделі невеликої відкритої перехідної економіки

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...

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Bibliographic Details
Date:2010
Main Author: Oganesyan, Gayane
Format: Article
Language:English
Published: The National Technical University of Ukraine "Igor Sikorsky Kyiv Polytechnic Institute" 2010
Online Access:http://journal.iasa.kpi.ua/article/view/106955
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Journal Title:System research and information technologies

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System research and information technologies
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Summary: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.