Approaches to the Organization of the Energy Efficient Activity at the Regional Level in the Context of Limited Budget Resources during the Transformation of Energy Market Paradigm
Abstract:-The research is devoted to the problem of the assessment of the integrated projects investment efficiency, energy saving and energy efficiency measures for social and municipal buildings within the course aimed at the reduction of the natural gas consumption and its replacement by alternative fuel types, that is important for a number of European countries, and Ukraine in particular. The objectives of the research are as follows: comparative assessment of the quality of integrated and element-by-element appro… Show more
“…For that purpose, they used instruments of econometric analysis. It should be highlighted that a huge range of the scientists investigated the link between the level of corruption, good government, and indicators of macroeconomic stability: indicators of economic growth [38][39][40][41][42] economic freedom and democracy [43][44][45][46], innovation potential [47,48] and country macroeconomic [49][50][51][52][53][54], and social [55][56][57][58][59] and ecological aspects of a country's development [60][61][62][63][64][65][66].…”
The paper investigates the relationships between economic, social, and environmental dimensions of sustainable development. GDP growth represents the main economic dimension, greenhouse gas (GHG) emissions and renewable energy consumption the environmental dimension, and corruption the social dimension of sustainable development. The investigation of these relationships is based on the concept of the Environmental Kuznets Curve hypothesis about the non-linear relationship between economic growth and environmental pollution. The authors used the panel data of EU countries and Ukraine for 2000–2016 years from the Eurostat database. The obtained results confirmed the Environmental Kuznets curve hypothesis for the EU and Ukraine. All the indicators were statistically significant at 1% and 5% levels. The findings proved that increasing renewable energy (RE) by 1% led to a decline of GHG in the interval (0.166103, 0.220551), and аn increase of the Control of Corruption Index by 1% provoked a decline of GHG by 0.88%. The conducted study enabled the authors to conclude that Ukraine needs to increase the GDP level per capita given the economy diversification and via the introduction of more effective and “clean” production technologies.
“…For that purpose, they used instruments of econometric analysis. It should be highlighted that a huge range of the scientists investigated the link between the level of corruption, good government, and indicators of macroeconomic stability: indicators of economic growth [38][39][40][41][42] economic freedom and democracy [43][44][45][46], innovation potential [47,48] and country macroeconomic [49][50][51][52][53][54], and social [55][56][57][58][59] and ecological aspects of a country's development [60][61][62][63][64][65][66].…”
The paper investigates the relationships between economic, social, and environmental dimensions of sustainable development. GDP growth represents the main economic dimension, greenhouse gas (GHG) emissions and renewable energy consumption the environmental dimension, and corruption the social dimension of sustainable development. The investigation of these relationships is based on the concept of the Environmental Kuznets Curve hypothesis about the non-linear relationship between economic growth and environmental pollution. The authors used the panel data of EU countries and Ukraine for 2000–2016 years from the Eurostat database. The obtained results confirmed the Environmental Kuznets curve hypothesis for the EU and Ukraine. All the indicators were statistically significant at 1% and 5% levels. The findings proved that increasing renewable energy (RE) by 1% led to a decline of GHG in the interval (0.166103, 0.220551), and аn increase of the Control of Corruption Index by 1% provoked a decline of GHG by 0.88%. The conducted study enabled the authors to conclude that Ukraine needs to increase the GDP level per capita given the economy diversification and via the introduction of more effective and “clean” production technologies.
“…However, according to the results of the previous investigations [13][14][15][16][17][18][19][20][21][22][23] the main factor which restricts the developing of green investment market is misunderstanding the meaning and goals of green investment among scientists, experts and investors. Thus, Martinez-Oviedo and authors in the papers [24][25][26][27][28][29][30][31] highlighted that green investment is a capital to low carbon and climate resilient initiatives, clean technologies, renewable energy, or natural capital that can be considered environmentally beneficial. The one group of scientists proved that the main goal of green investment is declining of CO 2 emission [32][33][34][35][36][37][38][39][40][41][42][43][44][45].…”
The paper analyses the linkages between GDP per capita, greenhouse gas (GHG) emissions, and renewable energy (RE) in the total final energy consumption and green investments (PICE) which are measured as private investments, jobs, and gross value added related to circular economy sectors. The object of the analysis is the EU countries during the 2008-2016 period (crisis and post-crisis period). In the paper, data from the following databases was used: the Eurostat, the World Data Bank, and the European Environmental Agency. For addressing the linkages between the aforementioned indicators, the following methods were applied: panel unit root test, Pedroni panel cointegration tests, and the fully modified ordinary least squares (FMOLS) and dynamic ordinary least squares (DOLS) panel cointegration techniques. The findings show that FMOLS and DOLS demonstrate the same results as GHG, PICE, RE influence on GDP of the EU countries. The findings prove there is linking between gross domestic product per capita, greenhouse gas emissions, renewable energy in the total final energy consumption and green investments. The findings also show that green investment (PICE) could provoke the growth of GDP per capita by 6.4%, the decline of GHG by 3.08%, and the increase of renewable energy in the total final energy consumption by 5.6%.
“…Statistical tools used for determining the impact of the shadow economy on innovative country development (Tiutiunyk et al, 2020), energy efficiency as an element of sustainable economic development (Vakulenko and Myroshnychenko, 2015;Kolosok et al, 2020) allows determining the effectiveness of these elements as drivers of sustainable development (Teletov et al, 2017).…”
Section: Figure 1 Results Of Bibliometric Analysis In the Area Of Con...mentioning
The article is devoted to considering an issue in the Ukrainian market regarding healthy behavior, particularly in the field of consumption and research of trends in the development of the segment of healthy products. The article's main purpose is to determine the predominant behavioral patterns of the population of Ukraine regarding the consumption of healthy foods. The study found a degree of consumer interest in healthy foods. The relationship between the level of happiness of the population and its activity to the consumption of products of the healthy food segment is modeled. The authors have identified the factors influencing the choice of products in the analyzed segment. The degree of consumer awareness of typical labels on products of a healthy segment is determined. According to the study results, recommendations are given on the expediency of using different information channels of interaction with consumers in the healthy food products market for forming inclusive marketing strategies. The methodological basis was a marketing study of Ukrainian citizens. Methods included online surveys in the form of questionnaires and offline surveys by respondents filling out printed questionnaires. The questions of the questionnaire were divided into blocks, which provided an opportunity to find out the respondents' attitudes towards the following groups of questions: a) interest in products of the healthy segment and general behavioral patterns when choosing products in this category; b) consumer awareness of the main types of labeling on the packaging of healthy segment products; c) consumer awareness of existing healthy food products on the market and the peculiarities of the purchase of these goods by an individual; d) the degree of trust in marketing channels of informing about healthy food products among the population of Ukraine. The results of the study may be useful to manufacturers in the segments of healthy foods. The material presented in the article will be of interest to representatives of related fields of activity and specialists involved in developing and implementing promotion strategies in the segment of health products.
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