Mechanisms of Coordinated Distribution of the Effect from Export/Import Transactions

M. I. Geraskin, A. A. Ajupov, A. A. Kurilova

Abstract


Economic mathematical model for coordinating economic interests of the regions (companies) and state budgets within the system of export/import transactions is developed. Nash equilibrium mechanisms for hierarchical and nonhierarchical coordination of effect distribution and mechanism of comprehensive coordination of export/import indicators are presented. The author has developed a two-sector model of export/import transactions and the optimal mechanisms for it. There has been carried out a simulation of coordination mechanisms for crude oil (Russia) and oil extraction equipment (Germany).

Keywords: export, import, coordination model, effect distribution mechanism, hierarchical system, nonhierarchical system, Nash equilibrium.

JEL Classifications: O150; E660; R130


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