IDEAS home Printed from https://ideas.repec.org/a/gai/recdev/r2370.html
   My bibliography  Save this article

Supply and Demand in the System of State Regulation of Jewelry Turnover
[Спрос И Предложение В Системе Государственного Регулирования Оборота Ювелирных Изделий]

Author

Listed:
  • Ludmila N. Ivanova

    (NIFI of the Ministry of Finance of Russia)

  • Olga V. Umgaeva

    (NIFI of the Ministry of Finance of Russia)

Abstract

Jewelry made of precious stones and metals, by their economic characteristics, belong to luxury goods, goods with excessive consumer properties. The jewelry market, in this regard, is highly competitive and requires state support of a domestic manufacturer. In turn, the state, in view of the use of raw materials subject to special accounting for the manufacture of jewelry, legislatively regulates the turnover of jewelry. Despite the unity of opinions on the need for state regulation, the business operating in the field of production and sale of jewelry products and the state structures controlling it differ in assessing the degree of control and participation of the state in this process. The application of the laws of economic theory, in particular the laws of supply and demand, in relation to the jewelry market, allowed us to justify the adopted and current legislative decisions and suggest directions for their further improvement. The article was prepared as part of the research work of the state task of the Financial Research Institute under Ministry of Finance of Russia.

Suggested Citation

  • Ludmila N. Ivanova & Olga V. Umgaeva, 2023. "Supply and Demand in the System of State Regulation of Jewelry Turnover [Спрос И Предложение В Системе Государственного Регулирования Оборота Ювелирных Изделий]," Russian Economic Development, Gaidar Institute for Economic Policy, issue 9, pages 14-20, September.
    • Handle: RePEc:gai:recdev:r2370
    as

    Download full text from publisher

    File URL: http://www.iep.ru/files/RePEc/gai/recdev/r2370.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Ludmila N. Ivanova & Olga V. Umgaeva, 2022. "Efficiency of Accounting of Precious Metals and Stones in the System of State Regulation of Resources [Эффективность Учета Драгоценных Металлов И Камней В Системе Государственного Регулирования Рес," Russian Economic Development, Gaidar Institute for Economic Policy, issue 2, pages 52-57, February.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Ludmila N. Ivanova & Olga V. Umgaeva, 2023. "Спрос И Предложение В Системе Государственного Регулирования Оборота Ювелирных Изделий," Russian Economic Development (in Russian), Gaidar Institute for Economic Policy, issue 9, pages 14-20, September.

    More about this item

    Keywords

    state regulation; demand; supply; jewelry; simplified taxation system; jewelry artists; business interests; state objectives;
    All these keywords.

    JEL classification:

    • B12 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Classical (includes Adam Smith)
    • D11 - Microeconomics - - Household Behavior - - - Consumer Economics: Theory
    • D51 - Microeconomics - - General Equilibrium and Disequilibrium - - - Exchange and Production Economies
    • G18 - Financial Economics - - General Financial Markets - - - Government Policy and Regulation
    • L38 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Public Policy
    • L51 - Industrial Organization - - Regulation and Industrial Policy - - - Economics of Regulation
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics

    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:gai:recdev:r2370. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: Olga Beloborodova (email available below). General contact details of provider: https://edirc.repec.org/data/gaidaru.html .

    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.