Assessment Techniques for Integration Efficiency of Economic Objects

Levitskiy, Stanislav; Frunze, Igor; Mikhaylik, Denis (2014). Assessment Techniques for Integration Efficiency of Economic Objects. International Journal of Economics, Commerce and Management. – Vol. 2, Is.2.

15 Pages Posted: 21 Feb 2014

See all articles by Stanislav Levytskyi

Stanislav Levytskyi

Zaporizhzhya Institute of Economics and Information Technologies

Igor Frunze

Donetsk National University

Denis Mikhaylik

Zaporizhzhya Institute of Economics and Information Technologies

Date Written: December 20, 2013

Abstract

Nowadays one of the most topical problems is the economic efficiency assessment of enterprises’ integration within technological chains, financial structures, logistic systems and so on. Especially it covers Ukraine’s economy, that fell under the impact of world financial crisis and hereby requires restructuring and creating such unions of economic objects capable to secure production growth, investment flow into country’s economy as well as improving competitiveness of production at world market. The paper reviews integration problems for economic objects aiming to achieve a synergy effect from complementary actions of their assets, which total value exceeds isolated functioning results. It is explained that application of system-dynamic approach to investigation the efficiency integration of economic objects with regards of process design peculiarities of managerial decisions allows maximum accurate analyzing the results of interaction of economic units within unified integrated structure. Study suggested a simulation model developed on the base of conceptual description the function results for integrated formation, which is the key technique tool for efficiency assessment of integration.

Keywords: management technique, assessment, economic efficiency, integration, complex economic object

JEL Classification: D61, L22

Suggested Citation

Levytskyi, Stanislav and Frunze, Igor and Mikhaylik, Denis, Assessment Techniques for Integration Efficiency of Economic Objects (December 20, 2013). Levitskiy, Stanislav; Frunze, Igor; Mikhaylik, Denis (2014). Assessment Techniques for Integration Efficiency of Economic Objects. International Journal of Economics, Commerce and Management. – Vol. 2, Is.2., Available at SSRN: https://ssrn.com/abstract=2398879

Stanislav Levytskyi (Contact Author)

Zaporizhzhya Institute of Economics and Information Technologies ( email )

Kiyashko St., 16-B
Zaporizhzhia, 69041
Ukraine

HOME PAGE: http://www.zieit.edu.ua

Igor Frunze

Donetsk National University ( email )

Universitetskaya str., 24
Donetsk, 83001
Ukraine
380633994399 (Phone)

HOME PAGE: http://www.donnu.edu.ua

Denis Mikhaylik

Zaporizhzhya Institute of Economics and Information Technologies ( email )

Kiyashko St., 16b
Zaporizhzhya, 69015
Ukraine

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