Assessment of the Possibility of Using the “Ship-or-Pay” Mechanism to Finance Substage 3.1 of the Modernization of the Eastern Polygon

Yuriy Egorov

doi:10.20295/2223-9987-2023-4-173-186

UDC 338.47

ASSESSMENT OF THE POSSIBILITY OF USING THE “SHIP-OR-PAY” MECHANISM TO FINANCE SUBSTAGE 3.1 OF THE MODERNIZATION OF THE EASTERN POLYGON Assessment of the Possibility of Using the “Ship-or-Pay” Mechanism to Finance Substage 3.1 of the Modernization of the Eastern Polygon

АА Аа

Published in Bulletin of scientific research results · Volume 2023, Issue 4 · Pages 173–186 · Rubric: ECONOMICS AND MANAGEMENTECONOMICS MANAGEMENT

DOI: https://doi.org/10.20295/2223-9987-2023-4-173-186

Received: 18.12.2023 Accepted: 19.12.2023 Published: 19.12.2023

Authors

Yuriy Egorov

Academic degree: candidate of economic sciences

Science rang: docent

Emperor Alexander I St. Petersburg State Transport University Associate Professor · Russian Federation · Saint-Petersburg

ABSTRACT

Purpose: Quantitative assessment of the possibility of using the “ship-or-pay” mechanism to finance substage 3.1 of the modernization of the Eastern polygon in the medium and long term. Methods: Generalization, analysis, systematization, comparative method, statistical method, econometric modeling have been used. Results: A methodology has been developed for assessing the coverage of the required financing for the modernization of the Eastern polygon using ship-or-pay agreements. Using the developed methodology, a forecast assessment of the financing coverage for substage 3.1 of the modernization of the Eastern polygon has been made in the medium and long term. The obtained estimate is also compared with the estimate calculated on the basis of data from JSCo “Russian Railways” on the volume of requested funding from the National Welfare Fund. Practical significance: The results obtained can be used to formulate a policy for using ship-or-pay contracts to finance the modernization of railway infrastructure, as well as in further research into the possibilities of using the ship-or-pay mechanism on transport.

KEYWORDS

Ship-or-pay mechanism, railway infrastructure, financing, modernization, Eastern polygon, forecast

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GOST

Egorov Y. V. Assessment of the Possibility of Using the “Ship-or-Pay” Mechanism to Finance Substage 3.1 of the Modernization of the Eastern Polygon // Bulletin of scientific research results. 2023. no. 4. pp. 173-186. DOI: https://doi.org/10.20295/2223-9987-2023-4-173-186. (Date of access 25.10.2026).

MLA

Yuriy Egorov. "Assessment of the Possibility of Using the “Ship-or-Pay” Mechanism to Finance Substage 3.1 of the Modernization of the Eastern Polygon." Bulletin of scientific research results 2023.4 (2023): 173-186. DOI: https://doi.org/10.20295/2223-9987-2023-4-173-186.

APA

Egorov Y. V. (2023). Assessment of the Possibility of Using the “Ship-or-Pay” Mechanism to Finance Substage 3.1 of the Modernization of the Eastern Polygon. Bulletin of scientific research results, 2023(4), 173-186. https://doi.org/10.20295/2223-9987-2023-4-173-186

Chicago

Yuriy Egorov. "Assessment of the Possibility of Using the “Ship-or-Pay” Mechanism to Finance Substage 3.1 of the Modernization of the Eastern Polygon." Bulletin of scientific research results 2023, no. 4 (2023): 173-186. https://doi.org/10.20295/2223-9987-2023-4-173-186.

WIKI

{{cite journal | author = Egorov Y. V. | title = Assessment of the Possibility of Using the “Ship-or-Pay” Mechanism to Finance Substage 3.1 of the Modernization of the Eastern Polygon | journal = Bulletin of scientific research results | year = 2023 | volume = 2023 | issue = 4 | pages = 173-186 | doi = 10.20295/2223-9987-2023-4-173-186 }}

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ASSESSMENT OF THE POSSIBILITY OF USING THE “SHIP-OR-PAY” MECHANISM TO FINANCE SUBSTAGE 3.1 OF THE MODERNIZATION OF THE EASTERN POLYGON Assessment of the Possibility of Using the “Ship-or-Pay” Mechanism to Finance Substage 3.1 of the Modernization of the Eastern Polygon

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