IDEAS home Printed from https://ideas.repec.org/a/aiy/jnjaer/v21y2022i1p49-78.html
   My bibliography  Save this article

Stressful Factors of Sustainable Development of the Russian Coal Industry

Author

Listed:
  • Olga A. Chernova

Abstract

Achieving sustainable development of the coal industry is of strategic importance for ensuring national security. The purpose of the article is to identify stress factors for the sustainable development of the coal industry associated with the current objective trends in the Russian and world economies. The hypothesis of the study is the assumption that understanding the stress factors for the sustainable development of the coal industry makes it possible to form industrial policy directions to prevent the development or minimize the consequences of existing negative trends that weaken the industry's potential in the long term. The novelty of the study is expressed in the approach to the analysis of sustainable development factors, since most researchers do not separate risk factors and stress factors. When describing stress factors, the following groups were identified: financial, human, technological, political, and environmental. In the study of stress factors, a context-oriented approach was used. As a result of the study, it was revealed that the main stress factors for the sustainable development of the Russian coal industry are associated not only with the implementation of decarbonization programs for world economies, but also with a number of intra-system problems in the development of the industry. Among the latter, the problems of reducing domestic consumption of coal, increasing freight rates for rail transportation, a high degree of import dependence of coal mining against the background of a low level of innovative potential of domestic engineering, the presence of personnel problems in coal mining, etc. The Russian government's Program 2035 does not take into account a number of stress factors caused by the current trends in the development of interconnected and related industries and areas of activity. Proceeding from this, measures aimed at increasing the sustainability of the development of the coal industry are proposed. The conclusion is made about the need to identify and assess stress factors in the formation of industrial policy directions. The practical results of the study can be used to develop measures to strengthen the long-term sustainability of the coal industry and the choice of tools to respond to risks provoked by stress factors.

Suggested Citation

  • Olga A. Chernova, 2022. "Stressful Factors of Sustainable Development of the Russian Coal Industry," Journal of Applied Economic Research, Graduate School of Economics and Management, Ural Federal University, vol. 21(1), pages 49-78.
    • Handle: RePEc:aiy:jnjaer:v:21:y:2022:i:1:p:49-78
    DOI: http://dx.doi.org/10.15826/vestnik.2022.21.1.003
    as

    Download full text from publisher

    File URL: https://journalaer.ru//fileadmin/user_upload/site_15934/2022/03_CHernova.pdf
    Download Restriction: no
    File URL: https://libkey.io/http://dx.doi.org/10.15826/vestnik.2022.21.1.003?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. De Valck, Jeremy & Williams, Galina & Kuik, Swee, 2021. "Does coal mining benefit local communities in the long run? A sustainability perspective on regional Queensland, Australia," Resources Policy, Elsevier, vol. 71(C).
    2. Wang, Yadong & Wang, Delu & Shi, Xunpeng, 2021. "Exploring the dilemma of overcapacity governance in China's coal industry: A tripartite evolutionary game model," Resources Policy, Elsevier, vol. 71(C).
    3. Upadhyay, Arvind & Laing, Tim & Kumar, Vikas & Dora, Manoj, 2021. "Exploring barriers and drivers to the implementation of circular economy practices in the mining industry," Resources Policy, Elsevier, vol. 72(C).
    4. Fa, Ziwei & Li, Xinchun & Qiu, Zunxiang & Liu, Quanlong & Zhai, Zhengyuan, 2021. "From correlation to causality: Path analysis of accident-causing factors in coal mines from the perspective of human, machinery, environment and management," Resources Policy, Elsevier, vol. 73(C).
    5. Wang, Delu & Wang, Yadong & Huang, Ziyang & Cui, Rong, 2020. "Understanding the resilience of coal industry ecosystem to economic shocks: Influencing factors, dynamic evolution and policy suggestions," Resources Policy, Elsevier, vol. 67(C).
    6. Sun, Yongping & Yang, Ying & Huang, Nan & Zou, Xin, 2020. "The impacts of climate change risks on financial performance of mining industry: Evidence from listed companies in China," Resources Policy, Elsevier, vol. 69(C).
    7. Jacob R. Holm & Christian R. Østergaard, 2020. "Regional Employment Growth, Shocks and Regional Industrial Resilience: A Quantitative Analysis of the Danish ICT Sector," Regional Studies, Taylor & Francis Journals, vol. 49(1), pages 95-112, July.
    8. Wang, Di & Shen, Ye & Zhao, Yueying & He, Wei & Liu, Xue & Qian, Xiangyan & Lv, Tao, 2020. "Integrated assessment and obstacle factor diagnosis of China's scientific coal production capacity based on the PSR sustainability framework," Resources Policy, Elsevier, vol. 68(C).
    9. Zhao, Lu-Tao & Liu, Zhao-Ting & Cheng, Lei, 2021. "How will China's coal industry develop in the future? A quantitative analysis with policy implications," Energy, Elsevier, vol. 235(C).
    10. Jonek-Kowalska, Izabela, 2018. "How do turbulent sectoral conditions sector influence the value of coal mining enterprises? Perspectives from the Central-Eastern Europe coal mining industry," Resources Policy, Elsevier, vol. 55(C), pages 103-112.
    11. Khan, Khalid & Su, Chi-Wei & Rehman, Ashfaq U., 2021. "Do multiple bubbles exist in coal price?," Resources Policy, Elsevier, vol. 73(C).
    12. Jurgen-Friedrich Hake & Liliana Proskuryakova, 2018. "New Energy Sources, Technologies, and Systems: The Priority of Social, Climate, and Environmental Issues," Foresight and STI Governance (Foresight-Russia till No. 3/2015), National Research University Higher School of Economics, vol. 12(4), pages 6-9.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. O.A. Chernova, 2021. "Relative Break-Even as a Determinant of the Dynamic Balance of the Russian Coal Industry," Journal of Applied Economic Research, Graduate School of Economics and Management, Ural Federal University, vol. 20(2), pages 194-216.
    2. Ming Zhang & Wensheng Wang & Xialing Sun, 2023. "Measurement and Multiple Decomposition of Total Factor Productivity Growth in China’s Coal Industry," Sustainability, MDPI, vol. 15(3), pages 1-19, January.
    3. V.V. Gedam & R.D. Raut & Ana Beatriz Lopes de Sousa Jabbour & N. Agrawal, 2021. "Moving the Circular Economy Forward in the Mining Industry: Challenges to Closed-Loop in an Emerging Economy," Post-Print hal-04275964, HAL.
    4. Xu, Jiuping & Shu, Kejing & Wang, Fengjuan & Yang, Guocan, 2024. "Bi-level multi-objective distribution strategy integrating the permit trading scheme towards coal production capacity layout optimization: Case study from China," Resources Policy, Elsevier, vol. 91(C).
    5. Li, Jingyu & Liu, Ranran & Yao, Yanzhen & Xie, Qiwei, 2022. "Time-frequency volatility spillovers across the international crude oil market and Chinese major energy futures markets: Evidence from COVID-19," Resources Policy, Elsevier, vol. 77(C).
    6. Li, Ying & Cen, Hongyi & Lin, Tai-Yu & Lin, Yi-Nuo & Chiu, Yung-Ho, 2022. "Sustainable coal mine and coal land development in China," Resources Policy, Elsevier, vol. 79(C).
    7. Gedam, Vidyadhar V. & Raut, Rakesh D. & Lopes de Sousa Jabbour, Ana Beatriz & Agrawal, Nishant, 2021. "Moving the circular economy forward in the mining industry: Challenges to closed-loop in an emerging economy," Resources Policy, Elsevier, vol. 74(C).
    8. Douglas A. Adu & Naheed N. Roni, 2024. "Bank climate change initiatives, ownership structures, and corporate governance mechanisms: Evidence from emerging economies," Business Strategy and the Environment, Wiley Blackwell, vol. 33(4), pages 3039-3077, May.
    9. Monica Răileanu Szeles & Mihaela Simionescu, 2020. "Regional Patterns and Drivers of the EU Digital Economy," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 150(1), pages 95-119, July.
    10. Potrykus, Marcin, 2023. "Investing in wine, precious metals and G-7 stock markets – A co-occurrence analysis for price bubbles," International Review of Financial Analysis, Elsevier, vol. 87(C).
    11. George J. XANTHOS & Evangelos N. DULUFAKIS, 2023. "Measurement Approaches Of Regional Economic Resilience: A Literature Review," Regional Science Inquiry, Hellenic Association of Regional Scientists, vol. 0(2), pages 47-59, June.
    12. Pinto-Gutiérrez, Cristian A., 2023. "Drought risk and the cost of debt in the mining industry," Resources Policy, Elsevier, vol. 83(C).
    13. Li, Junjie & Zhang, Yueling & Yang, Yanli & Zhang, Xiaomei & Zheng, Yonghong & Qian, Qi & Tian, Yajun & Xie, Kechang, 2022. "Comparative resource-environment-economy assessment of coal- and oil-based aromatics production," Resources Policy, Elsevier, vol. 77(C).
    14. Xin Zhang & Mateng Zhang & Zhong Fang, 2023. "Impact of Climate Risk on the Financial Performance and Financial Policies of Enterprises," Sustainability, MDPI, vol. 15(20), pages 1-24, October.
    15. Na Yu & Jianghua Chen & Lei Cheng, 2022. "Evolutionary Game Analysis of Carbon Emission Reduction between Government and Enterprises under Carbon Quota Trading Policy," IJERPH, MDPI, vol. 19(14), pages 1-22, July.
    16. Kyungbo Park & Hangook Kim & Jeonghwa Cha, 2023. "An Exploratory Study on the Development of a Crisis Index: Focusing on South Korea’s Petroleum Industry," Energies, MDPI, vol. 16(14), pages 1-24, July.
    17. Qin, Tao & Lu, Qiuxiang & Xiang, Hao & Luo, Xiulin & Shenfu, Yuan, 2023. "Ca promoted Ni–Co bimetallic catalyzed coal pyrolysis and char steam gasification," Energy, Elsevier, vol. 282(C).
    18. Sibande, Xolani & Demirer, Riza & Balcilar, Mehmet & Gupta, Rangan, 2023. "On the pricing effects of bitcoin mining in the fossil fuel market: The case of coal," Resources Policy, Elsevier, vol. 85(PB).
    19. Di Wang & Zhiyuan Zhang & Ruyi Shi, 2022. "Fiscal Decentralization, Green Technology Innovation, and Regional Air Pollution in China: An Investigation from the Perspective of Intergovernmental Competition," IJERPH, MDPI, vol. 19(14), pages 1-18, July.
    20. Lidija Đurđevac Ignjatović & Vesna Krstić & Vlastimir Radonjanin & Violeta Jovanović & Mirjana Malešev & Dragan Ignjatović & Vanja Đurđevac, 2022. "Application of Cement Paste in Mining Works, Environmental Protection, and the Sustainable Development Goals in the Mining Industry," Sustainability, MDPI, vol. 14(13), pages 1-13, June.

    More about this item

    Keywords

    coal industry; sustainable development; stress factors risks; strategic development.;
    All these keywords.

    JEL classification:

    • O25 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Industrial Policy
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aiy:jnjaer:v:21:y:2022:i:1:p:49-78. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Natalia Starodubets (email available below). General contact details of provider: https://edirc.repec.org/data/seurfru.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.