Interregional Market Research Articles

Influence of organization environment on contractor’s inter-regional market entry practice in China: an industry-level approach based on Bayesian logistic regression model

Inter-regional market entry poses a complex challenge for contractors, particularly in the construction industry with its unique characteristics. Existing research predominantly focuses on an international scale and target markets, often overlooking the influence of the organizational environment, especially the home market. This study aims to fill this gap by analyzing how the construction organizational environment affects contractors’ inter-regional market practices. Grounded in theories of organizational management, we developed a theoretical model with seven hypotheses examining the impact of organizational environment. We tested hypotheses with Bayesian logistic regression model based on data from 426 construction organizations in China. Our findings reveal that a contractor’s size significantly impacts the practice compared to other attributes like ownership and experience. Additionally, a thriving local economy strongly supports contractors in exploring other geographical markets. Interestingly, while local competition intensity and protectionism create barriers for external firms, they do not significantly affect the diversification activities of local contractors. These insights contribute to understanding the dynamics of inter-regional market entry in the construction industry and can guide practitioners in strategizing for sustainable growth. Future research could explore more detailed strategies such as market selection and entry mode, enhancing the depth of understanding in this area.

Construction of transportation infrastructure and the mixed ownership reform of state-owned enterprises: based on the perspective of high-speed rail opening

ABSTRACT We study the impact of transportation infrastructure construction on the degree of mixed-ownership reform of local state-owned enterprises. We find that the opening of high-speed rail can significantly promote the mixed ownership reform process of local state-owned enterprises. Mechanism testing shows that the opening of high-speed rail can promote inter-regional market integration and reduce the transaction costs of potential private investors participating in mixed-ownership reform, and improve the operational activities and management characteristics of state-owned enterprises, and strengthen the intrinsic motivations of potential private investors to participate in mixed-ownership reform, thereby having a positive impact on the degree of mixed-ownership reform of local state-owned enterprises. Further research finds that the above-mentioned effects are sustain-able and more obvious among local state-owned enterprises and state-owned enterprises in competitive industries with weak government influence, which can ultimately improve the capital market value and labour productivity of state-owned enterprises.

РЕГІОНАЛЬНИЙ МАРКЕТИНГОВИЙ ЦИКЛ ТА ІНСТРУМЕНТИ ТЕРИТОРІАЛЬНОГО МАРКЕТИНГУ

In the modern conditions of the development of the regional economy, there is a need to create a system of multi-level marketing-oriented management of the development of the region, which determines the relevance of the study of the regional marketing cycle and the establishment of territorial marketing tools. Determining the stages of the regional marketing cycle, where each subsequent process is based on the previous one, and solving the problem of correct positioning and promotion of the region on the interregional market is the most important factor in ensuring its sustainable development. The purpose of the study is to determine the stages of the regional marketing cycle, their sequence, and establish the tools of territorial marketing. The theoretical and methodological basis of writing the article was the work of domestic and foreign scientists, the study of foreign experience, scientific methods of analysis and synthesis, observation and comparison. In the article, based on the study of foreign experience, observation and comparison of the work of regional marketing institutions in Suceava County (Romania) and marketing structures of the Chernivtsi Region, the main stages of the regional marketing cycle and their sequence are established. Analysis of the activities of regional marketing services contributed to the identification of separate tools of territorial marketing, which include the formation of the region's brand, advertising and communications, exhibition activities, and others. The determination of the stages of the regional marketing cycle and the tools of territorial marketing is a product of practical activity formed by summarizing foreign and domestic experience and using scientific methods, based on specific examples. The sequence of actions of the regional marketing cycle and the definition of territorial marketing tools will contribute to the improvement of activities for the promotion and positioning of the region, goods and services, to increase the efficiency of the relevant services that ensure the vitality of the region and affect the quality of life of the population.

Inter-regional barriers and economic growth: Evidence from China

This paper examines the impact of a policy reform in China that removed inter-regional market barriers by incorporating counties into larger prefecture-level divisions. Employing a difference-in-differences approach, we compare the economic performance of incorporated counties before and after the reform to two control groups: counties that applied for incorporation but were unsuccessful, and counties that were incorporated at a later time. Our findings suggest that the reform had an immediate and sustained positive effect on the economic growth of incorporated counties. Using firm-level data, we provide evidence that the reform reduced policy-induced frictions, leading to increased regional specialization in industries with comparative advantage, more entries of new firms, and more exits of low-profit-margin firms. Overall, the research highlights the importance of reducing inter-regional market barriers in promoting economic growth in developing countries.

Analysis of the state of the tourism and recreation sphere of the northern territory and the direction of its sustainable development (on the example of the Nizhnevartovsk Municipal District of the Khanty-Mansiysky Autonomous Region – Yugra)

Subject of research: the state of the tourist and recreational sphere of the Nizhnevartovsk region of the Khanty-Mansiysk Autonomous Okrug Yugra.
 Purpose of research: to develop promising areas for the sustainable development of the tourism industry in the northern territory in the face of reduced competition from foreign operators and the closure of external destinations.
 Methods and objects of research: statistical, comparative, strategic analysis were used as the main methods of scientific research.
 Main results of research: the conclusions based on the results of the assessment of the tourist and recreational sphere of the Nizhnevartovsk region are to identify positive aspects and problems of the development of the industry, develop directions for the sustainable development of tourism in the Nizhnevartovsk region: modernize the existing infrastructure (including roadside infrastructure), improve the quality of services provided, stimulate the growth of the number of investment projects in this area; digitalization of the industry, the introduction of new technologies and the promotion of the regional tourism product to the district and interregional market.

Evaluating the water-saving and wastewater-reducing effects of water rights trading pilots: Evidence from a quasi-natural experiment

Water rights trading is a market mechanism that promotes the conservation, protection and optimal allocation of water resources. This paper takes the water rights trading pilots’ policy as a quasi-natural experiment, and then adopts the spatial difference-in-differences model to investigate the water-saving and wastewater-reducing effects of water rights trading pilots by using the panel data of 30 provinces in China from 2006 to 2019. The results indicate that water rights trading has good environmental governance effects on water-saving and wastewater-reducing in the pilot areas. However, water rights transactions are mainly concentrated within provinces, and there is no spatial spillover effect. Besides, the pilot policy has more long-term dynamic effects in reducing sewage discharge than water-saving due to rebound effect possibly. The optimization of the industrial structure and environmental regulation play important roles in the realization of the policy effects of the water rights trading pilots. An important implication is that water rights trading pilots are worthy of promotion throughout China in view of the policy effects, and China should focus on inter-regional market transactions and industrial structure transformation to promote the optimization of the water rights trading mechanism.

Research on European cross-region balancing market settlement method under high proportion of renewable energy

In order to deal with the volatility caused by the high proportion of renewable energy, Europe has established a cross-regional balancing market. The European experience and practices in the cross-regional balancing market can bring reference for the construction of China’s power market. To this end, this article conducts an in-depth study on the operation mode and settlement of the unified European balance market, and reviews the key issues and the corresponding solutions faced by the settlement level in the European integration of the balancing markets of various countries. Finally, founded on the actual situation of China’s inter-regional power market, the European balancing market is proposed for the construction of China’s inter-regional market.

ANALYSIS OF COMPETITION IN THE MARKET FOR CELLULAR SERVICES IN THE RUSSIAN FEDERATION

It is impossible to imagine the modern society without the constant information exchange. In the digitalization age, cellular services have become the most profitable and rapidly developing part of the telecommunications industry. This article analyzes the market for cellular services in the Russian Federation. The authors pay attention to the development of competition in this market. The inter-regional market features the “Big Four” companies (VimpelCom, MegaFon, MTS and T2 Mobile), virtual operators, the number of which has increased in recent years, as well as small operators operating within several regions. However, the shares of virtual and small operators are small when compared to the “big four”. This study presents data on interregional and regional telecom operators from 2016 to 2020. The paper uses industry assessment approaches based on industry market theory: measures of concentration level, market power, and structure analysis. Additionally, the authors consider strategic and non-strategic barriers to entry while estimating the industry’s future development prospects. The Russian cellular market is characterized by a high level of competition. This study has revealed a tendency towards a decrease in concentration, which can be explained by the increase in the number of major players and the entry of newcomers to the market.

Research on the Economic History of Dali in the Late Ming Dynasty under the Background of Social Transformation

The Ming dynasty was one of the most prosperous dynasties in ancient China and one of the most distinctive and important periods in the history of Chinese feudal society. The late Ming dynasty was an important turning point in social and economic development. In the context of social transformation, the development of commercial agriculture caused structural changes in the agricultural economy and rural society; the prosperity of regional commercial trade, the growth of merchant power and the formation of inter-regional market networks created a new stage in the development of regional commerce. This paper examines the economic development of the Dali region in the late Ming dynasty from a regional perspective against the backdrop of social transformations, taking into account the economic development of the region in the late Ming dynasty in terms of factor inputs and outputs of economic activities, foreign trade and commercial development, and finance and finance. The findings of this paper can provide a reference for deepening the study of regional economic history and promoting regional economic development.

Региональный маркетинг как инструмент капитализации ресурсов территории

Any territory within the framework of its development and maintenance of the economy needs certain resources such as highly qualified workforce and external investments as the basis for creating an attractive business climate, working and living conditions. The higher the quality indicators of the economic development of the region from the point of view of territorial marketing, the higher its competitiveness and resistance to fluctuations in the economy and various markets. The fact is emphasized that regional marketing, provided that it is successfully integrated into the management of the territory, contributes to the transition of the regional economy to an innovative and socially-oriented type of economy, which today is one of the most promising from the point of view of the region’s survival in a globalized economy. The aspects of the application of regional marketing in the framework of improving the management of the territory are disclosed, and the main tasks, which it can solve regarding the promotion of a territorial product to the interregional and global market, are described. The possibilities of using regional marketing methods as effective tools for managing the process of capitalization of economic resources are determined on the example of the mechanisms of modern territorial management of the Astrakhan region. The economic indicators related to capitalization are presented, which prove the lack of investment in the economy of the Astrakhan region and the Southern Federal District, the conditions for the introduction of regional marketing as the main method of stimulating the development of the economy of the Astrakhan region are specified. Marketing strategies for the promotion and development of a territorial product have been developed, in which the process of implementing marketing technologies will be as effective as possible. There are described the tools of innovative development of the territory, based on the progressive increase in the capitalization of territorial resources, which will lead to the reorientation of the regional economy, increase the added value of the territorial product, improve the business and investment climate, and increase the competitiveness of the Astrakhan region.

Study on sweet potato market behaviour in supporting food security

Sweet potato has an important role in food security. In the future, the demand for sweet potatoes will become higher. However, there has not been any significant awareness of sweet potatoes’ importance; moreover, it is considered an inferior commodity. New improved varieties of sweet potato having high beta-carotene, namely Beta 1 and high anthocyanins, Antin 2 and Antin 3 are already available. Besides, Pating 2 has high starch and dry matter (> 30%) as well as high potential yield (30-40 t ha−1). Sweet potato condition is indicated by its market behaviour described by market elasticity and integration. Sweet potato demand is inelastic, and the price level is inversely proportional to demand quantity. The cross elasticity showed rice was the strongest substitute for sweet potato. The negative value of income elasticity meant the decrease of sweet potato consumption would follow the increase in income. Similarly, the integration of production centres inter-regional market has not been well ordered, distorting product distribution. Suggestions for the sweet potato market included exploiting its potential as a functional food by promoting and community education, diversifying the products, structuring the market for distributional purpose, creating market regulation, issuing price stabilization policy, and improving marketing infrastructures.

Calculation Method and Application of Inter-Regional and Inter-Provincial Market Trading Space for Promoting the Consumption of Clean Energy

Inter-provincial market trading is putting up with to implement the national energy strategy, increasing clean energy consuming and optimization energy allocation in large-scale. To promote energy consumption, the inter-province power transmission channel’ potential needs to be full excavate to deal with clean energy fluctuation, improving trading frequency and reduce transaction period. This article puts up with an inter-province power market trading space calculation method to calculate the available power transmission ability of inter-provincial transmission channel, discovering transmission channel and releasing transaction space. Besides, for certain transmission channel or supply-demand province’s electricity requirements, the calculation method can explore the trading market space, organizing clean energy evacuation to improve transmission channel utilization and safety checking pass rates, reducing blocking.

Двухуровневая модель информационного взаимодействия участников транспортного рынка

Effective organization of intercity transportation largely depends on optimization of the operational search for cargo for the transit component of the route. Carriers have the opportunity to get additional income with minimal additional costs, and transport customers get the opportunity to transport at minimum tariffs. Information interaction systems of transport market participants are used for rapid search of goods and transport. Automation of the processes of information interaction of transport market participants will significantly increase the efficiency of such information systems [1, 2]. A two-level model of information interaction is proposed, which at the first level considers the interaction «carrier-customer», and at the second one operational interaction at the level «transport-cargo». This approach allows you to automate the formation of pairs not only taking into account the technological compatibility of the cargo (application for transportation) and the vehicle, but also taking into account such non-technological parameters as reliability, payment terms, the tax system used. Based on the proposed two-level model, a modified algorithm of the minimum concessions method is proposed. Preservation of stability of pairs when using this algorithm is justified. Based on formation of a data set of actions (decisions) of customer managers and carriers, it is possible to form neural networks that minimize routine actions in the interregional transportation market and increase efficiency of information interaction.

Inter-Regional Barriers, Market Integration, and Economic Growth: Evidence from China

This paper studies the impact of a policy reform in China that removed inter-regional market frictions by incorporating counties into prefectures with a larger market. Using a difference-in-differences approach, we compare incorporated counties, both before and after the reform, to two novel control groups: counties that applied for incorporation but failed and counties that would be incorporated several years later. We find that the reform immediately and persistently increased the economic growth of incorporated counties. Several sources of evidence suggest that treated counties experienced relatively rapid growth because they became more integrated into the domestic market.

The impact of regional market integration and economic opening up on environmental total factor energy productivity in Chinese provinces

China is the world's largest energy consumer; how can Chinese limited energy resources ensure a continuous development of its economy? This paper examines the impact of China's market integration and economic opening up on the Environmental Total Factor Energy Productivity (ETFEP) of 29 provinces in China for the period 1999–2017 and have the following findings: (1) China should strengthen its resource management in improving its ETFEP by providing indispensable impetus for ETFEP to turn from negative to positive growth and, meanwhile, making technological progress to bring about a two-wheel drive mode. (2) The key to improving Chinese ETFEP lies in inland China. The inland region should take over the industries transferred from coastal areas in a scientific manner, and avoid falling into the poverty accumulation trap of “being behind→introducing→lagging behind→introducing again→and falling behind again”. (3) Coastal areas should achieve the goal of increasing its ETFEP by speeding up its market integration, matching the higher economic opening up situation of the coastal areas. The key to improving the ETFEP of the inland areas is to focus on inter-regional market integration and the priority of this integration should be placed over the economic opening up, which seems more realistic at this stage.

СИСТЕМНИЙ ПІДХІД ДО СТРАТЕГІЧНИМ ЗАДАЧ ПІДВИЩЕННЯ КОНКУРЕНТОСПРОМОЖНОСТІ АПК ПІВНІЧНОГО РЕГІОНУ

Formulation of the problem. A systematic approach to ensuring the competitiveness of the agroindustrial complex of the Komi Republic, embodying many of the key elements of its economic system, determines the prospects for socio-economic transformations. The purpose of the study is to develop the theoretical and practical foundations of the transition to a more intensive investment path of development of the agricultural sector in the region. The subject of the study is the application of a systematic approach, encompassing the strategic objectives of increasing the competitiveness of the agricultural sector. Methods of economic research - modeling, scientific abstraction, analysis and synthesis, systems approach, historical and logical method, observation. The hypothesis of the study is that the solution of any problems in the competitiveness of the agro-industrial complex must meet both internal production requirements and interindustry and inter-regional market settings. Statement of the main material. The basic starting points of theoretical and practical problems of forming the competitive potential of the agricultural sector of the region are identified. The originality and practical significance of the study lies in the fact that the competitiveness of the agricultural sector should not be considered separately, but in the context of its effectiveness. Conclusions of the study are that competitiveness successfully coordinates production and market elements and makes them work quite efficiently. Therefore, they should not be considered as a result, but as a process and an effective method of monitoring the activities of the agro-industrial complex

State and determinants of inter-regional market entry practices in the Chinese construction industry: evidence from national quality award projects

PurposeDue to the lack of industrywide data, now there is only perceptual knowledge, through survey data, that construction firms may face great challenges in geographical diversification. The article aims to provide an objective description on the state of interregional market entry practices in the Chinese construction industry. How these practices are influenced by related set of regional and industry-related factors is further studied.Design/methodology/approachDescription analysis of the practices is first performed based on a first-hand industrial data set including 1,020 projects and 404 construction firms. Combining provincial panel data in the National Bureau of Statistics of China, related regional and industry-related factors on these practices are further analyzed through hierarchical regression models.Findings(1) Interregional market entry practices are not quite prevalent during the past two decades, only involving 271 projects and 111 firms which accounts for 26.57% and 27.47% of the analyzed subjects respectively; (2) Large, state-owned and experienced firms are more frequently involved in the practices; (3) A number of regional factors such as local market protection and industry scale also significantly impact the practices.Research limitations/implicationsThe empirical analysis of this study was conducted using the specific dataset from the National Quality Award Projects where firms tend to be national, which may limit the generalizability of the findings to the whole industry contexts.Originality/valueWhile most of the research on market entry practices in the project-based construction industry is undertaken at project or firm level based on survey data, this research represents an exploratory effort of using objective data to provide a macro overview of the practices at the industry level. The findings could contribute to a deepened understanding of how these practices are impacted by related regional- and industry-level factors.

Estado, transportes e desenvolvimento regional: a era rodoviária em Minas Gerais, 1945-1982

O objetivo principal é o estudo da era rodoviária de Minas Gerais, entre o imediato pós Segunda Guerra e o final do regime militar. São examinados os fatores internos e externos que condicionaram a implantação da mais extensa malha de estradas de rodagem do Brasil, e segundo periodização que capta as flutuações e ciclos do processo de constituição de sistema de transportes integrado. Analisa-se a expansão da infraestrutura rodoviária segundo as matrizes econômicas, técnicas e políticas que presidiram a segunda modernização dos transportes, assim como a dinâmica de concessão, financiamento e construção das vias. Concluiu-se que o rodoviarismo mineiro foi fundamental para a consolidação da inserção periférica do estado na divisão inter-regional do trabalho de mercado nacional integrado. Minas Gerais foi cortada por importantes troncos rodoviários nacionais e beneficiou-se de forma secundária da malha viária, se pautando por garantir o acesso dos centros regionais mineiros aos corredores federais.

Regional ski tourism risk to climate change: An inter-comparison of Eastern Canada and US Northeast markets

Climate change has become a business planning reality in the ski industry, with differential impacts and adaptive capacity important for intra- and inter-regional market competitiveness. Potential climate change impacts are examined at 171 ski areas in Ontario, Québec and the US Northeast using the SkiSim2 model with regional parameterizations of snowmaking capacity. With advanced snowmaking, mid-century season length losses are limited to 12–13% under a low emission pathway (RCP 4.5), increasing to 15–22% under high emissions (RCP 8.5). By late-century, low and high emission pathways diverge creating very different futures for the ski industry. Season length and skiable terrain losses increase only marginally in the low emission pathway, while transformational impacts occur under a high emission pathway, with only 29 ski areas in Québec and high-elevation areas of the US Northeast able to maintain a 100-day season and open regularly for the economically important Christmas-New Year holiday. A low emission future, where current national pledges to Paris Climate Agreement are achieved, is crucial to preserve the Eastern North America ski tourism marketplace. The results are compared with previous studies that have neglected the adaptive capacity of snowmaking and substantially overestimated the impact of mid-century and lower emission climate change scenarios.

Assessment of Developing of the Grain Market Stability

The grain market has strategic importance for economy of the Russian Federation. This is reflected in the provision of national needs and income from the sale of grain. Russia is situated on a large territory and has regions with sufficient bioclimatic potential for grain production and regions, which are located in harsh natural and climatic conditions, which are not suitable for commercial agriculture. The main task of the national grain market is uninterrupted provision of needs. The possibility of filling of the interregional market with grain can be provided only on condition of high stability of development of all regional grain markets of the Russian Federation subjects, located in the southern and central parts of the country. The object of the research was the grain economy of the Tambov region. The research has shown that almost all economic laws of agricultural development are violated due to the lack of availability of agricultural producers resources. The intraregional demand for grain, which is increased by 47.7% for 2013-2017 years, is fully satisfied. The current situation of grain prices does not allow receiving sufficient income. The level of the profitability of grain production in 2017 amounted to only 17.4%, exceeding the official inflation rate by only 13.4%. The main problem of agricultural producers of grain is the lack of resources for the production process. The unfavorable economic conditions determines the system character of the problems of the grain market. Under these circumstances, the sustainability of the grain market can be assessed only as conditionally sufficient.