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Price Risk Management Strategies (The Case of Export-oriented Enterprises)

https://doi.org/10.32609/0042-8736-2003-8-67-80

Abstract

During the period of reforms the majority of Russian raw materials manufacturers has been reoriented at the world markets. The prices of raw materials have high volatility that leads to export incomes' uncertainty. In the article self-insurance and hedging strategies are considered with the purpose of minimizing commodity price risk.

About the Authors

D. Golembiovsky
MMC Norilsk Nickel
Russian Federation


I. Baryshnikov
MMC Norilsk Nickel; State University - Higher School of Economics
Russian Federation


References

1. Рогов М. Риск-менеджмент. М.: Финансы и статистика, 2001.

2. Edgeworth F. Mathematical Psychics. London, 1881.

3. Jorion P. Value at Risk: The New Benchmark for Controlling Market Risk. New York: McGraw-Hill, 1997.


Review

For citations:


Golembiovsky D., Baryshnikov I. Price Risk Management Strategies (The Case of Export-oriented Enterprises). Voprosy Ekonomiki. 2003;(8):67-80. (In Russ.) https://doi.org/10.32609/0042-8736-2003-8-67-80

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ISSN 0042-8736 (Print)