— KazNU

2 February 2022

Статьи, опубликованные в журналах Q1-Q2 за 2017-2021 годы по кафедре «Экономика»

 

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 1

Quality management of higher education: Innovation approach from perspectives of institutionalism. An exploratory literature review

 Saltanat Kondybayeva, ManarbekGulden, DaurenTurarov, RaigulDoszhan, AsselAbylai

 2020

Cogent Businessand Management

 External pressures, like political, economic and technological factors, as well as competition at labour and education markets have challenged higher education institutions to reconsider their organizational structures and internal management approach to provide better quality education, to attract more potential stakeholders, as well as to sustain their positions at local and global markets. The responsiveness of universities to such pressures and uncertainties is diverse. There are dozens of research identifying current best quality management practices. However, this paper makes an emphasis on the analysis of one of the streams of economic science—institutionalism as an innovative approach to effective internal management in HEIs. Institutionalism is a direction in economic thought that places the main emphasis on the analysis of institutions, which is defined as norms, restrictions and principles of behaviour (“rules of the game”) within an organization. In general, institutionalism is so diverse that its study as a whole is almost meaningless because there are different trends in institutionalism itself. Some prefer isomorphic elements of new institutionalism, whereas other stress on processes of differentiation between universities. Nevertheless, despite a growing tendency of an isomorphic strategy of successful universities and effective organizational strategies, there is a lack of research conducted on the application of elements of institutionalism in higher education, as a successful approach to effective internal quality management. The central idea of this paper is to analyze the existing body of literature related to the application of institutionalism in higher education through systematic literature review.

 https://www.scopus.com/record/display.uri?eid=2-s2.0-85083510164&origin=resultslist&sort=plf-f

 2

 The effects of the Eurasian Economic Union on regional foreign direct investment and implications for growth

  Kemme, D.M., Akhmetzaki, Y., Mukhamediyev, B.M.

 

 2021

Journal of International Trade and Economic Development

 

 The positive direct and indirect spillover effects of foreign direct investment on growth are often case specific and not necessarily uniform nor easily predicted. Effects of FDI due to international investment policy changes are often confounded by free trade and customs union agreements that occur simultaneously because trade may be a complement to or substitute for FDI. We review the effects of regional trade agreements on FDI and focus on the new Eurasian Economic Union (EAEU). With annual data from 1995 to 2019 for post-Soviet countries, three members, the Russian Federation, Belarus, and Kazakhstan and nine non-members, Armenia, Azerbaijan, Georgia, Kyrgyz Republic, Moldova, Tajikistan, Turkmenistan, Ukraine, and Uzbekistan, we estimate the EAEU integration effect on country FDI flows, post-2010. We control for other determinants, including infrastructure development, natural resource rents, potentially confounding trade flows, the financial crisis, sanctions against Russia and country fixed effects. The formation of the EAEU did not stimulate FDI and while GDP grew it was not associated with higher FDI. Further growth opportunities via FDI lie with relationships with countries outside the EAEU.

3

Assessing hybrid monetary function reactions in transition economies

 

El-Hodiri, M., Jawadi, F., Mukhamediyev, B.

 

2020

Journal of International Studies

 

This paper specifies and estimates hybrid monetary policy reaction functions in five countries of the Eastern Europe (Bulgaria, Czech Republic, Hungary, Poland, and Romania) and four postSoviet countries (Belarus, Russia, Kazakhstan, and Ukraine) during the transition period. The problem of choosing an effective monetary policy is essential and is of significant interest in developing economies. The assessed reactions made it possible to compare monetary policy goals in these countries and their changes due to the recent global financial and economic crisis. The calculations carried out by the generalized method of moments based on the quarterly data for 1998-2018 showed that in all the countries under consideration, price containment was the primary goal of monetary policy. Along with it, monetary authorities adhered to their alternative goals. Moreover, due to the financial and economic crisis, countries mainly began to less support economic growth and the accumulation of gold and foreign exchange reserves while increasing attention to stabilizing the exchange rate and the real effective exchange rate.

4

The impact of innovation, knowledge spillovers and oil prices on economic growth of the regions of kazakhstan

 

Mukhamediyev, B., Spankulova, L.

 

2020

International Journal of Energy Economics and Policy

 

The study of impact of innovation and diffusion of knowledge for economic growth of European regions and other developed countries is increasingly attracting attention of scientists. Along with this, there are many studies for impact of world economic growth of oil prices. At the same time, there is an insufficient attention to joint assessment and comparative analysis of effectiveness of these internal and external growth factors. Moreover, this important issue has been studying a little in relation to countries with economies in transition. This paper is devoted to the study of the impact of innovation and the knowledge spillover in combination with an assessment of the impact of fluctuations in the world oil price on economic growth of regions of Kazakhstan. Catching-up development models are constructed according to annual data from 2005 to 2016 for 16 regions of Kazakhstan. Calculations based on the panel data with fixed effects have confirmed that costs of technological innovations, their spillovers between regions, healthcare costs, as well as the growth rate of the world oil price positively influenced for economic growth in regions. Moreover, socio-economic conditions reinforced their positive impact on growth. It has been established that changes in the world oil price and costs of technological innovations and their spillovers between regions are effects at the same order, whereas impact of health care costs and socio-economic conditions on regional growth is noticeably weaker. The results of the study confirm that for innovation activity is essential for the economic growth of the oil exporting country as well.

5

The impact of oil prices on the global competitiveness of national economies

 

Mukhamediyev, B., Temerbulatova, Z.

 

2019

International Journal of Energy Economics and Policy

The influence of various factors on the competitiveness of national economies is investigated in many articles, however, there is little research on the impact of resource prices on it. This article aims to examine the effect of crude oil prices on the global competitiveness of both producing countries and countries consuming oil. Based on annual data from 60 countries for 2006-2017, a regression analysis of panel data with fixed effects shows that exceeding the annual growth rate of oil prices over gross domestic product growth rates reduces the growth rate of the global competitiveness index (GCI), and it is twice strong for oil exporting countries than for countries non-oil exporters. And the growth of average labor productivity, total factor productivity, the share of employed in the total population, High-technology exports, and the Gross capital formation raises the country’s GCI. Due to the rise in world oil prices, exporting countries are moving downward in the global competitiveness ranking more than non-oil exporters.

6

Eurasian Economic Union: present and future perspectives

 

Khitakhunov, A., Mukhamediyev, B., Pomfret, R.

 

2017

Economic Change and Restructuring

 

This paper analyzes the economic and political situation in the Eurasian Economic Union. The basic question is why it was created after the failure of all previous integration projects in the Commonwealth of Independent States and Central Asian region? The paper examines the effects and opportunities for the regional economy of economic sanctions imposed on Russia and of Russian counter-sanctions. It also analyzes relations between the Eurasian Economic Union and the European Union and draws perspectives and policy implications for their future relations.

7

Fdi determinants in the eurasianeconomic union countries and eurasianeconomic integration effect on fdi inflows

 

Akhmetzaki, Y.Z., Mukhamediyev, B.M.

 

2017

Economy of Region

 

The paper examines the potential determinants of foreign direct investment inflows into the region of Eurasian Economic Union, as well as incentives for investment into other neighboring countries. In the first model, the authors test a hypothesis on country specific foreign direct investment determinants for the Eurasian Economic Union region. The results of fixed effects estimation show that gross domestic product, infrastructure development and secondary education enrollment have a positive statistically significant effect on the foreign direct investment inflows into the region. Conversely, the impact of Customs Union on foreign direct investment appeared to be negative. Furthermore, in the second model of the natural experiment, the authors empirically test the hypothesis on Customs Unio's effect on foreign direct investment while controlling for both country and time effects. The model includes evaluating the impact of the policy change on foreign investment inflows. The natural experiment outcome also points to the negative effect of Eurasian economic integration on foreign direct investment inflows. Although the countries of Eurasian Economic Union have relatively business friendly regulations, such procedures as enforcing contracts, resolving insolvencies and dealing with construction permits are time-consuming. For attracting foreign investment, it is advisable to facilitate such procedures and make the process of setting up a new business less onerous. The research can be used as an outline for further examining of Eurasian economic integration and apart from that, the study results can be applied for practical purposes of policy elaboration aimed at stimulating foreign direct investment into the Eurasian Economic Union.

8

Evaluating the transition to green economy in Kazakhstan: A synthetic control approach

 

Sansyzbayeva, G., Temerbulatova, Z., Aknur, Z., Laura, A.

 

2020

Journal of International Studies

In the modern world, due to the growing environmental threats, each state has the task of reducing the anthropogenic impact on the environment. Many countries, especially developed ones, have been seriously studying this problem and are finding solutions. However, in developing countries the situation is different, along with the growth of the economy, environmental damage is growing. The purpose of this article is to evaluate the impact of the existing measures aimed at reducing emissions and to assess the readiness of the regions in Kazakhstan for the transition to green economy. In the article, the effect of adoption of the Concept of transition to green economy on CO2 emissions in Kazakhstan was assessed. Using the synthetic control method, the panel data of Kazakhstan and 30 control countries for 2003-2018 were evaluated. As a result of constructing a counterfactual, it is revealed that the effect of the Concept can be traced in Kazakhstan, however, the trend of annual emissions’ increase remains. The second part of the analysis covers the assessment of the potential of the regions in Kazakhstan for the transition to green economy through assessing the decoupling effect of GRP from pollutant emissions into the atmosphere. For this assessment, the data as of 2005-2018 for 14 regions and 2 cities of republican significance in Kazakhstan are used. The pair correlation between gross regional product and 2 types of environmental pollution is calculated. Based on the results of correlation assessment, the regions were selected that showed the best and the worst results and a detailed analysis of these regions was carried out based on a regression model. The results show a heterogeneous situation in the regions of Kazakhstan, as only in 7 regions out of 16 the effect of decoupling was revealed (high one-only in 4 regions). The authors propose measures to improve the situation in individual regions and in the country as a whole.

9

Efficiency of financing high-tech industries: The case of Kazakhstan

 

Sadykhanova, G., Erezhepova, A., Nurmanova, B., Aitbembetova, A., Bimendiyeva, L.

 

2019

Journal of Asian Finance, Economics and Business

The study amis to build a model for evaluating the effectiveness of activities and the effectiveness of financial investments in hightech industries in Kazakhstan. The development of high-tech industries plays an important role in the economic growth of a country. In this regard, it is relevant to study the effectiveness of financing the most important industry in Kazakhstan. The development of the high-tech sector ensures the efficient functioning of the national innovation system. High-tech enterprises are one of the competitive sectors that allow us to develop and implement leading-edge innovations with the goal of their subsequent commercialization domestically and abroad. The author defines the multicriteria of efficiency in a knowledge-based economy associated with achieving an economic effect with multivariate correlation of results with costs. A multivariate dynamic model, an integral indicator of performance, an integral indicator of cost-effectiveness is proposed. The assessment of the effectiveness of financial costs and performance indicators in all regions of Kazakhstan have the positive dynamics of indicators, as well as a high economic effect. The results of the smdy can be applied in regional management to adequately assess the effectiveness of high-tech organizations and the effectiveness of financial investments, contribution to ensuring the economic security of the region.

10

Textile industry: Issues of managing the growth of innovative activity in enterprises

Pazilov, G.A., Ivashchenko, N.P., Bimendiyeva, L.A., Aitymbetova, A.N.

 

2020

Polish Journal of Management Studies

The article analyzes the textile industry of Kazakhstan, considers its main problems and gives the main ways to increase the competitiveness of the industry by increasing the innovative activity of textile enterprises.Duringthe research,the following problems were identified: having various opportunities for the development of the textile industry in Kazakhstan, most of the raw materials necessary for textile products are exported without processing; low coverage of textile products in the domestic market, ensuring the studied requirements mainly due to the import of textile products; low competitiveness of textile enterprises, etc. Kazakhstan is a member of the Eurasian Economic Union (EAEU), therefore, indicators of textile production in these countries were considered for comparison. This study discusses the RCA index of textiles for the EAEU member countries. Today, the EAEU includes five member states: Belarus, Kazakhstan, the Russian Federation, Armenia and the Kyrgyz Republic. The purpose of this work is to analyze the textile industry status in Kazakhstan and provide ways to increase the innovative activity of textile enterprises. The article considers: (a) the status and key problems of the textile industry in Kazakhstan, (b) the innovative activity of enterprises in Kazakhstan, (c) ways to increase the innovative activity of textile enterprises in Kazakhstan. The article presents methods for increasing the innovative activity of textile enterprises. These are: (a) transition to the production of competitive innovative textile products from domestic textile raw materials, (b) increase in the share of export-oriented products, (c) introduction of new equipment and new production methods by attracting foreign direct investment in the industry, (d) filling the deficit of specialists by attracting specialists from abroad. The implementation of these methods can have a positive impact on the development of the textile industry in Kazakhstan.

11

Territorial marketing and its role in determining regional competitiveness. Evaluating supply chain management

 

Tovma, N.A., Shurenov, N.B., Bimendiyeva, L.A., Kozhamkulova, Z.T., Akhmetova, Z.B.

 

2020

Uncertain Supply Chain Management

Nowadays, development and sustainability are often combined in the analysis of regional and local processes. In this case, the definition of both competitiveness and sustainability of development require adequate interpretation and quantitative assessment. Territorial marketing is used as a tool to assess the competitiveness of a region. The main purpose of our research is to analyze the methodological and practical aspects of the sustainable development strategy of competitiveness of the Kazakhstan regions and the ways to implement it based on territorial marketing. Among the crucial indicators of territorial marketing, which this article tackles, supply chain management draws particular interest. Each indicator includes a set of criteria that best describe it. This is a 10-point rating system, where the region that showed the best result gets 10 points. It is assumed that based on the generally accepted methods the overall competitiveness can be measured, considering the competitiveness of the 5 mentioned indicators, as well as their assessment with regard to the competitiveness of their criteria. The research results showed that the aggregate indicator for all the regions is below average. The findings show that the Turkestan and Pavlodar regions are the most competitive in supply chain management, having the largest number of shipments. The overwhelming majority of Kazakhstan enterprises are small enterprises, which suggests that the logistics services market is still developing. The use of modern information technologies will optimize warehouse operations. A positive result is ensured by effective local regulation since doing business in Kazakhstan is relatively cheap. In our research, we offer some recommendations for improving the territorial indicators that determine the competitiveness of regions.

12

Research of innovative activity of Kazakhstan companies. Example of tourism and hospitality management

 

Doszhan, R., Usmanov, A., Nurmagambetova, A., Dauliyeva, G., Assilova, A.

 

2019

Journal of Environmental Management and Tourism

In modern conditions, innovative activity is an important component of the process of ensuring the successful performance of an enterprise that actualizes the need for research of this activity. Sociological investigations of economic entities of the innovation system of the Republic of Kazakhstan were conducted in order to identify common problems and conditions of its functioning, as well as to evaluate key factors for the development of innovation business entities and research activities. There have been raised relevant question about the lack of demand for innovation in the country and the question of the imperfection of legislative regulation of innovation activity. Proposals to increase innovation activity, taking into account the scientific research results of other researchers and on the basis of the provisions of the current Kazakhstan legislation are made.

 

13

Engineering platform as a tool to improve the efficiency of R&D commercialization

 

Levchenko, T., Doszhan, R., Dauliyeva, G., Serikbayeva, A., Bizhanova, K.

 

2019

International Journal of Mechanical Engineering and Technology

 

The article presents a conceptual model of a network engineering platform that provides commercialization of R&D between the environment of knowledge generation (universities, research institutes), the environment of their technologization (industry) and equipped environment of development catalysis (venture funds and Agency organizations). On the basis of the analysis, a model of a network engineering platform was created, which connects research with production and is aimed at rapid commercialization and bringing the results of scientific and technical activities to the market.

14

Analysis of the applicability of existing methods and technologies of project-oriented management for government agencies in the Republic of Kazakhstan 

 

Joldasbayev, O., Rakhmatullaeva, D., Polenov, D., Joldasbayev, S.

 

2020

Public Policy and Administration 

 

This article considers the main models of the architecture of agency systems of project-oriented management as stages of their development. The agent technology allows us to decentralize problem solving and create complex systems of project-oriented management, combining various processing methods such as modeling, reasoning, and machine learning, and also allows us to distribute knowledge. One of these models is an aggregated architecture for systems of project-oriented management, based on agents of a marked deductive system. This approach allows us to divide algorithms into separate modules and distribute the knowledge base into parts. The focus is on existing multi-agent data mining architectures and the roles of agents in them. An architecture is described to support the decision-making process in conjunction with the use of event-driven and task-driven data mining agents, as well as helpers and knowledge management agents. The article then considers a mathematical model of the proposed decision-making system, identifies key parameters, and suggests improvements to the model based on the proposed integrated software solution. The practical significance of this study is determined by the fact that not only was the software architecture developed and presented for the first time, but also a fully extended mathematical model of a project-oriented management system.

15

Self-employment trends amid the pandemic

 

Ilyashova, G., Makhova, L., Trifonov, P., Khimmataliev, D.

 

2021

Business andSociety Review

 

Today, more and more attention is paid to self-employment, when, in the face of an exacerbated situation related to the spread of coronavirus, the authorities recommend people to work remotely. An important feature of self-employment is that such a form of social protection appears when the unemployed can overcome the crisis and find a new place to live with state assistance provided by employment services. The main focus of this article is to search for a comprehensive way to solve employment problems at the state level through the use of self-employment, taking into account the economic and social aspects due to a change in a perso's attitude to work. At the same time, the transition from passively dependent expectations in work to active creative work is carried out. The study used data from a sociological survey conducted jointly by the International Labor Organization and the International Organization of Employers. 127 organizations from 115 countries took part in the survey. To determine the portrait of the self-employed population, it was decided to use the results of a survey of the target group and a focus group conducted by the Center for Applied Economic Research.

16

Quality control in dairy supply chain management

Nurakhova, B., Ilyashova, G., Torekulova, U.

 

2020

Polish Journal of Management Studies

The main objective of the article is to study the prospects and opportunities for improving the efficiency of dairy supply chain management through the implementation of the supply chain quality integration (SCQI) model. The study is performed on data collected from three dairy companies: Agroindustrial Company Adal (Kazakhstan), Dean Foods (USA) and Hochwald (Germany). A methodological approach to the evaluation of the vector length is proposed to measure the effectiveness of SCQI model implementation. Three alternative scenarios for the implementation of SCQI are proposed. For Dean Foods, a focus on integration with suppliers is suggested. Hochwald, in turn, should improve its supply chain efficiency via internal integration, while Adal is proposed to improve its value creation effectiveness for consumers. Effectiveness evaluation of the implied supply chain optimization alternatives for Adal, Dean Foods, and Hochwald was carried out by determining the efficiency vector of a supply chain.

17

Measuring the knowledge-based performance efficiency in the oil-exported countries

 

Mutanov, G., Zhuparova, A., Zhaisanova, D.

 

2020

Montenegrin Journal of Economics

 

The main challenge of natural resource-rich economies is to avoid the resource curse, poor economic growth, weak institutions and corruption through the development of state program, tended to the development of knowledge-based economy. This research evaluates the productivity of the gross regional product in the context of knowledge-based economy indicators taking into account industrial structure and specialization in regional economic. The focus is on the Republic of Kazakhstan as representative of the oil-exported countries. The feature selection analysis was implemented through a panel regression model and in the aim of evaluation of knowledge-based performance of state measures was used Malmquist Productivity Index in DEA. The data set of the research is obtained from the official statistical data of state structures during the period from 2007 to 2017 for the regions of Kazakhstan. The results indicate the need to develop differentiated approaches aimed at improving the efficiency of knowledge-based performance in the context of industry 4.0. The results can be used to adjust tactics and development strategies of state measures in knowledge-based performance. Through this paper we hope to give our contribution to the creation Smart Specialisation strategies in emerging economy countries as a way to increase efficiency in research and innovation investments by integrating policy areas, applying a broad definition of innovations and stimulating collaboration-between regions, sectors and levels.

18

Intellectual input of development by knowledge-based economy: Problems of measuring in countries with developing markets

 

Sagiyeva, R., Zhuparova, A., Ruzanov, R., Doszhan, R., Askerov, A.

 

2018

Entrepreneurship and Sustainability Issues

Over the past 20 years, sales volumes in the knowledge-intensive sectors of the developed world grew about 2 times faster than in the manufacturing industry. It is no coincidence that the share of knowledge-intensive sectors of the manufacturing industry and the service sector today accounts for an average of more than half the GDP of the leading industrial countries. A new, knowledge-based economy creates new resources that effectively replace natural resources and human intellect. A high-end economy is the creation of new, artificial energy and artificial intelligence and their use in all sectors of the economy. In addition, a knowledge-intensive economy is a large-scale use of scientific developments, a new content of labor and the attitude of all its participants to it. A high-tech economy is born and is able to develop in a social environment with a sufficient level of intellectual development of society. The creation of such an economy requires not only a high level of development and implementation of new resource-creating and resource-saving technologies, but also a mass knowledge of new technologies, skills to use in production and everyday life. A high-tech economy is formed in conditions of sufficient intellectual security. With all this, the urgency of finding answers to the questions is growing: what conditions are necessary for the creation and functioning of a knowledge-based economy. In this regard, firstly, the article compares the level of development of human resources in the Republic of Kazakhstan with other countries of the world, which allows us to conclude that in terms of quantitative indicators (coverage of primary, secondary, vocational and higher education, life expectancy), our country has average positions in the world ranking. Secondly, in order to identify the relationship between a number of indicators of the method of assessing intellectual security in Kazakhstan, a correlation analysis for 2004-2017 was conducted. This article expands the knowledge on methods of assessing intellectual security for the development of a knowledge-based economy in developing countries.

https://www.scopus.com/record/display.uri?eid=2-s2.0-85060432939&origin=resultslist&sort=plf-f