Modeling of the Distribution Mechanism for Fuel Industry Enterprises' Rental Income in the System. State – Region – Enterprise

  • Yulia HALYNSKA Department of Management, Sumy State University, Sumy, Ukraine
  • Viktor OLIINYK Department of Economic Cybernetics, Sumy State University, Sumy, Ukraine

Abstract

The article proposes to consider the theoretical and methodological foundations of optimizing the distribution of rental income of enterprises of fuel extractive industry in the ‘state-region-enterprise’ system in the context of a simultaneous and interconnected increase in rental income to state and local budgets and an increase in the value of the assets of extractive enterprises in a context of reducing conflicts of interest of alliance members. The determination of the optimal value of the distribution of rent in the time interval from 2016 to 2022 is carried out on the basis of differential equations and an auxiliary function that satisfies the transversely conditions. As the basic values of indicators characterized by a data array, we used the environmental, economic and technical and technological indicators of fuel-producing enterprises. The results obtained were compared with the distribution of rent between the region and the state according to the current legislation in the ratio of 5% and 95%. At the same time, 3 different options for the optimal redistribution of rental income in the system ‘state – region – fuel producing enterprises’ were considered, where the initial conditions change. An analysis of the distribution of rental income from the extraction of natural resources showed that the most optimal is the distribution that changes over time in accordance with the efficiency of the enterprise and the socio-economic and environmental situation in the region. According to the calculations, it is proposed to transfer 14% of rental income to local budgets, 56% of rental income must be transferred to the State budget and 30% of rental income remains at the enterprise.

References

[1] Mishchenko, V.S. 2013. Improvement of rent regulation in subsoil use. Economy of Ukraine, №8 (621). 84-96.
[2] Bailey, D., Koney, K.M. 2000. Strategic alliances among health and human services organizations: From affiliations to consolidations. Thousand Oaks, CA: Sage.
[3] Babenko, V. 2017. Development of the model of minimax adaptive management of innovative processes at an enterprise with consideration of risks. Eastern-European Journal of Enterprise Technologies, Vol. 5, No. 4 (89), 49-56. DOI: 10.15587/1729-4061.2017.112076.
[4] Brychko, M., Kuzmenko, O., Polách, J., Olejarz, T. 2019. Trust cycle of the finance sector and its determinants: The case of Ukraine. Journal of International Studies, 12(4), 300-324. DOI: 10.14254/2071-8330.2019/12-4/20.
[5] Inshakov, O.V. 2013. Collaboration as a form of knowledge-based economy organization. Economy of region, No. 3. 38–45.
[6] Gray, B. 1989. Collaborating: Finding common ground for multiparty problems – San Francisco: Jossey-Bass,
[7] Halynska, Y.V. 2017. The main questions regarding the inclusion of the rental component in the formation of incomes of the nature of operating enterprises. Scientific Journal ‘Intelekt ХХІ’, Kharkiv: Publishing house ‘Gelvetika’, Issue 2. 288-294
[8] Law ‘On rent payments for oil, natural gas and gas condensate’. (N 1456-IV. 05.02.2004 р.) (ЗУ N 398-V, 30.11.2006, N 309-VI, 03.06.2008 р.).
[9] Oliinyk, V. 2018. Optimal Management of GDP Components. Journal of Advanced Research in Law and Economics. Volume IX, Spring, 2(32), 603–614. DOI:10.14505/jarle.v9.2(32).24.
[10] Oliinyk, V., Kozmenko, O., Wiebe, I., Kozmenko, S. 2018. Optimal Control over the Process of Innovative Product Diffusion: The Case of Sony Corporation. Economics and Sociology, 11(3), 265–285. DOI:10.14254/2071- 789X.2018/11-3/16.
[11] Oliinyk, V. 2017. Optimal Management of the Enterprise's Financial Flows. Journal of Advanced Research in Law and Economics, Volume VIII, Fall, 6(28), 1875–1883. DOI: https://doi.org/10.14505/jarle.v8.6(28).22.
[12] Oliynyk, V. 2015. Modeling of the optimal structure of insurance portfolio. Problems and Perspectives in Management, №2, Volume 13, 230–23.
[13] On amendments to the Tax Code of Ukraine and some legislative acts of Ukraine on tax reform: Law of Ukraine 28.12.2014 р. № 71-VIII // Information of the Verkhovna Rada of Ukraine. 2015. № 7–8, № 9. – Cт. 55.
[14] On amendments to the Tax Code of Ukraine and some laws of Ukraine on tax reform: Law of Ukraine 28.12.2014 р. № 71-VIII.
[15] On amendments to the Tax Code of Ukraine and some other legislative acts of Ukraine (as temporary in subsection 9 of section XX of the Code): Law of Ukraine 31.07.2014 р. № 1621-VII.
[16] On approval of the Concept of National Environmental Policy of Ukraine for the period up to 2020: Executive Order КМI 17.10. 2007 р. № 880-р.
[17] Razovsky, Yu.V. 2000. Mountain rent. Moskow: Economix, 130.
[18] Samoylov, P.N. 2006. Transformation of rent relations in the modern economy. Russian Entrepreneurship, Т. 7. № 11. 115-118.
[19] Balji, М. Ways to improve state regulation of nature management. http://visnik.knteu.kiev.ua/files/2009/02/5.pdf.
[20] Changes in the administration of subsoil rents for mining. http://mk.sfs.gov.ua/media-ark/news-ark/366861.html.
[21] Declaration on Environment and Development in the Rio. https://zakon.rada.gov.ua/laws/show/995_455.
[22] Halynska, Y., Wiebe, I., Oleynik, V. 2018. Innovative instrument of collaborative alliance management in the ‘Stateregion-Enterprise’ system of withdrawal of the rent income in the extracting industry. Marketing and Management of Innovations, Issue 2. 147-253. http://r250.sudu.edu.ua/bitstream/123456789/68775/1/Wiebe_MMI_A20-02-2018.pdf.
[23] Halynska, Y. 2018. Strategic view on the rental policy in the field of environmental managemen. Problems and Perspectives in Management, Vol. 16. Issue 1, 1-11. https://businessperspectives.org/journals/problems-and-perspectives-in-management/issue-276/strategic-view-on-the-rental-policy-in-the-field-of-environmental-management.
[24] Halynska, Y., Telizhenko, A. 2016. Risk in the formation of collaboration alliance of the redistribution natural rental income. Problems and Perspectives in Management, Vol. 14. Issue 4, 181-185. https://businessperspectives.org/journals/problems-and-perspectives-in-management/issue-4-cont-5/risks-in-the-formation-of-collaboration-alliance-of-the-redistribution-natural-rental-income.
[25] Law of Ukraine ‘On the Concept of Transition of Ukraine to Sustainable Development’. http://www.mns.gov.ua/laws/laws/nuclear/92.htm.
[26] Louis Rowitz Models of collaboration. http://www.midamericacphp.com/wp-content/uploads/2012/09/MODELS-OF-COLLABORATION-pt2.pdf.
[27] Rental rates for the use of mineral resources for the extraction of minerals (п. 252.20 PKU).https://dtkt.com.ua/show/0sid0237.html.
[28] Rents for the use of mineral resources for the extraction of oil and gas condensate. https://uteka.ua/ua/publication/news-14-ezhednevnyj-buxgalterskij-obzor-39-stavki-rentnoj-platy-za-polzovanie-nedrami-dlya-dobychi-nefti-i-gazovogo-kondensata.
[29] Pursky, O., Dubovyk, T., Gamova, I., Buchatska, I. 2019. Computation algorithm for integral indicator of socio-economic development, CEUR Workshop Proceedings CEUR-WS. org/Vol-2393/paper_267.pdf.
Published
2020-03-31
How to Cite
HALYNSKA, Yulia; OLIINYK, Viktor. Modeling of the Distribution Mechanism for Fuel Industry Enterprises' Rental Income in the System. State – Region – Enterprise. Journal of Advanced Research in Law and Economics, [S.l.], v. 11, n. 2, p. 370 – 381, mar. 2020. ISSN 2068-696X. Available at: <https://journals.aserspublishing.eu/jarle/article/view/5105>. Date accessed: 23 nov. 2024. doi: https://doi.org/10.14505/jarle.v11.2(48).10.