On financing the state assignments to higher education institutions to perform research and development projects

Yu. Shmidt, L. Krokhmal and N. Ivashina
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Yu. Shmidt: Far Eastern Federal University, Vladivostok, Russia
L. Krokhmal: Far Eastern State Agrarian University, Blagoveshchensk, Russia
N. Ivashina: Far Eastern Federal University, Vladivostok, Russia

Journal of the New Economic Association, 2021, vol. 50, issue 2, 119-135

Abstract: The paper presents the issues of higher education institutions research activities efficiency and financing. Empirical data on the Russian higher education institutions research activities efficiency have been investigated. A new model for higher education institutions research activities public financing has been suggested. The model developed a methodology for calculating subsidies for basic, guaranteed funding of scientific activities of universities, designed to compensate for the cost of simple reproduction of their scientific potential. The integral index, which allows accounting the influence of statistically significant factors on the total amount of research and development work performed by the University, is formed and justified by methods of econometric modeling. The proposed approach allows us to calculate the amount of guaranteed funding for the scientific activities of each university in the planning period with a known amount of financial resources allocated for the basic financing of scientific activities of universities in the country.

Keywords: higher education institutions; research activities; financing; efficiency; integrated index; technique (search for similar items in EconPapers)
JEL-codes: I22 I23 (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:nea:journl:y:2021:i:50:p:119-135

DOI: 10.31737/2221-2264-2021-50-2-6

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