The dynamics of the enterprise’s income in the extensive method of development

Authors

  • Boris S. Kalitine Belarusian State University, Niezaliežnasci Avenue, 4, 220030, Minsk, Belarus
  • Katsiaryna S. Bahaliubskaya-Siniakova Belarusian State University, Niezaliežnasci Avenue, 4, 220030, Minsk, Belarus

Keywords:

market, goods and services, proceeds, net proceeds, tax rate

Abstract

The paper explores the possibilities of using extended production and trade in the commodity market. The results are obtained on the basis of a certain economic-mathematical model that allows to express the producerʼs net proceeds through essential market parameters. These include: the price and volume of sales of goods or services, the absolute value of the coefficient of price elasticity of demand, the inflation rate, the coefficient of production costs and the level of the tax rate. The strengths and weaknesses of trade in the conditions of extended production are revealed. An analysis of the conditions which, on the basis of the law of demand, ensure the growth of net proceeds from the sale of products is given. The best ways of implementing the extensive way of enterprise development are indicated.

Author Biographies

  • Boris S. Kalitine, Belarusian State University, Niezaliežnasci Avenue, 4, 220030, Minsk, Belarus

    PhD (physics and mathematics), docent; professor at the department of analytical economics and econometrics, faculty of economics

  • Katsiaryna S. Bahaliubskaya-Siniakova, Belarusian State University, Niezaliežnasci Avenue, 4, 220030, Minsk, Belarus

    master’s degree student at the department of analytical economics and econometrics, faculty of economics

References

  1. Kalitine B. S. Matematicheskie modeli ekonomiki [Mathematical models of economy]. Minsk : BSU, 2004 (in Russ.).
  2. Kalitine B. S. Ustoichivost' ravnovesiya konkurentnogo rynka (Dinamicheskaya model' rynka) [Stability of equilibrium of the competitive market (Dynamic model of the market)]. Saarbrücken : LAP Lambert Academic Publishing, 2012 (in Russ.).
  3. Bahaliubskaya-Siniakova K. S. Ob ekstensivnom metode proizvodstva i torgovli [Extensive method of production and trade]. Ekonomika, modelirovanie, prognozirovanie. Minsk : Ministry of Economy of the Republic of Belarus, 2017. Issue 11. P. 159 –167 (in Russ.).
  4. Azriliyan A. N. Bol'shoi bukhgalterskii slovar' [A large accounting dictionary : 10 000 terms]. Moscow : Institute of New Economy, 1999 (in Russ.).

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Published

2018-10-27

Issue

No. 2 (2017): Journal of the Belarusian State University. Economics

Section

C. Mathematical and Quantitative Methods

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How to Cite

[1]
Kalitine, B.S. and Bahaliubskaya-Siniakova, K.S. 2018. The dynamics of the enterprise’s income in the extensive method of development. Journal of the Belarusian State University. Economics. 2 (Oct. 2018), 16–24.