Formalization of the General Model of the Green Economy at the Regional Level Cover Image

Формализация общей модели зеленой экономики на региональном уровне
Formalization of the General Model of the Green Economy at the Regional Level

Author(s): Ivan Mikhaylovich Potravny, Andrey Leonidovich Novoselov, Igor Borisovich Gengut
Subject(s): Economy, Geography, Regional studies
Published by: Институт экономики Уральского отделения Российской академии наук
Keywords: green economy; valuation of accumulated environmental damage; natural food chain; substitution of mineral resources; nonlinear programming; sustainable development; regional aspects;

Summary/Abstract: The subject-matter of the article is the research of the problems of economic and mathematical modelling of the greeneconomy at the regional level. The purpose of the research is the substantiation and development of economic and mathematicaltools for the modelling of economic and ecological systems at the regional level on the basis of the principles of the green economy.The hypothesis of the study is based on the thesis that in the conditions of the resource exhaustion and depletion of naturalcapital, the technogenic deposits as well as production waste and consumption can be considered as the resource base for modernproduction, whose use leads to the elimination of accumulated environmental damage and substitution of natural resources.In the article, the approaches to the system modelling problems are considered to develop the green economy at the level ofthe country and its regions. The relevance of the transition to a green economy is confirmed by the theoretical and practicalresearch in the field of the cyclic development of socio-eco-economic systems. A number of formalized models and methodsfor solving current environmental-economic issues including the economic valuation of accumulated environmental damage,eco-economic assessment of the efficiency of natural resource substitution with resource-substitute are proposed as well as thechoice of an optimal set of resources-substitutes taking into account the financial and natural resource constraints. The standardmodels of green growth are considered. These models take into account the exhaustion of natural resources, involvement of the resources of technogenic deposits in the economic circulation through the implementation of investment projects on theelimination of accumulated environmental damage. The results of the study may be used in the different regions of the countryfor the justification and implementation of investment projects in the framework of the Federal Target Program “Elimination ofaccumulated environmental damage” for 2015–2026.

  • Issue Year: 12/2016
  • Issue No: 2
  • Page Range: 438-450
  • Page Count: 13
  • Language: Russian