IDEAS home Printed from https://ideas.repec.org/a/ach/journl/y2015id355.html
   My bibliography  Save this article

The Economic Efficiency Of Titanium Products With A High Degree Of Readiness (For Example, Vsmpo-Avisma)

Author

Listed:
  • L. A. Kostygova
  • A. A. Hotinsky
  • D. Yu. Sannikov

Abstract

The paper shows that management of such vertically integrated structure of regional importance as VSMPOAVISMA Corporation should be characterized not only by a profit indicator, but also by that of an added cost value.It is made clear that the increased efficiency of vertical integration and added cost value in this case of titanium production is accompanied by the reduced intermediate consumption of raw and indirect materials, the increased labor productivity and added cost share in labor payment (1.9 times), profit share of the added cost (2 times), capital productivity (1.5 times).The calculations, of which the results are presented in this paper, testify to the efficiency of vertical integration process. They made it possible to study the vertical integration mechanism on the basis of added cost formation, to use it for forecasting the production program development scenarios, to substantiate a development strategy from the point of its contribution to Total Regional Product and Gross National Product.

Suggested Citation

  • L. A. Kostygova & A. A. Hotinsky & D. Yu. Sannikov, 2015. "The Economic Efficiency Of Titanium Products With A High Degree Of Readiness (For Example, Vsmpo-Avisma)," Russian Journal of Industrial Economics, MISIS, issue 2.
    • Handle: RePEc:ach:journl:y:2015:id:355
    DOI: 10.17073/2072-1633-2011-2-73-76
    as

    Download full text from publisher

    File URL: https://ecoprom.misis.ru/jour/article/viewFile/355/349
    Download Restriction: no
    File URL: https://libkey.io/10.17073/2072-1633-2011-2-73-76?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ach:journl:y:2015:id:355. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Главный контакт редакции (email available below). General contact details of provider: http://misis.ru .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.