IDEAS home Printed from https://ideas.repec.org/a/eco/journ2/2019-04-23.html
   My bibliography  Save this article

Methodological Approaches to Research Resource Saving Industrial Enterprises

Author

Listed:
  • Evgeniy Lopatin

    (Department of financial markets and banks, Financial University Under the Government of the Russian Federation, Moscow, Russia.)

Abstract

Paper proposes the method of evaluating the performance of the company based on the use of production functions and factor models, which include the assessment of the entire apparatus and a set of performance indicators (appropriate) use of resources, resource saving. The method of assessing the performance depends on the use of the Cobb-Douglas production function. This function allows you to receive information about the appropriateness of the use of production resources, as well as timely carry out the correction of deviations of indicators of resources spent from standard values. Two-factor approach is using only the resources of labor expended and capital resources to calculate the required values.

Suggested Citation

  • Evgeniy Lopatin, 2019. "Methodological Approaches to Research Resource Saving Industrial Enterprises," International Journal of Energy Economics and Policy, Econjournals, vol. 9(4), pages 181-187.
    • Handle: RePEc:eco:journ2:2019-04-23
    as

    Download full text from publisher

    File URL: https://www.econjournals.com/index.php/ijeep/article/download/7740/4421
    Download Restriction: no
    File URL: https://www.econjournals.com/index.php/ijeep/article/view/7740/4421
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Kenneth Gillingham & Karen Palmer, 2014. "Bridging the Energy Efficiency Gap: Policy Insights from Economic Theory and Empirical Evidence," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 8(1), pages 18-38, January.
    2. Brown, Marilyn A., 2001. "Market failures and barriers as a basis for clean energy policies," Energy Policy, Elsevier, vol. 29(14), pages 1197-1207, November.
    3. Alexey Yurievich Mikhaylov, 2018. "Pricing in Oil Market and Using Probit Model for Analysis of Stock Market Effects," International Journal of Energy Economics and Policy, Econjournals, vol. 8(2), pages 69-73.
    4. Lucas W. Davis, 2011. "Evaluating the Slow Adoption of Energy Efficient Investments: Are Renters Less Likely to Have Energy Efficient Appliances?," NBER Chapters, in: The Design and Implementation of US Climate Policy, pages 301-316, National Bureau of Economic Research, Inc.
    5. Halvorsen, Bente & Larsen, Bodil M., 2001. "Norwegian residential electricity demand--a microeconomic assessment of the growth from 1976 to 1993," Energy Policy, Elsevier, vol. 29(3), pages 227-236, February.
    6. Ye Feng & Don Fullerton & Li Gan, 2013. "Vehicle choices, miles driven, and pollution policies," Journal of Regulatory Economics, Springer, vol. 44(1), pages 4-29, August.
    7. Hanemann, W Michael, 1984. "Discrete-Continuous Models of Consumer Demand," Econometrica, Econometric Society, vol. 52(3), pages 541-561, May.
    8. Dubin, Jeffrey A & McFadden, Daniel L, 1984. "An Econometric Analysis of Residential Electric Appliance Holdings and Consumption," Econometrica, Econometric Society, vol. 52(2), pages 345-362, March.
    9. Kenneth Gillingham & Richard G. Newell & Karen Palmer, 2009. "Energy Efficiency Economics and Policy," Annual Review of Resource Economics, Annual Reviews, vol. 1(1), pages 597-620, September.
    10. Blanchard, Olivier J, 1983. "The Production and Inventory Behavior of the American Automobile Industry," Journal of Political Economy, University of Chicago Press, vol. 91(3), pages 365-400, June.
    11. Baker, Paul & Blundell, Richard & Micklewright, John, 1989. "Modelling Household Energy Expenditures Using Micro-data," Economic Journal, Royal Economic Society, vol. 99(397), pages 720-738, September.
    12. Anthony Msafiri Nyangarika & Alexey Yurievich Mikhaylov & Bao-jun Tang, 2018. "Correlation of Oil Prices and Gross Domestic Product in Oil Producing Countries," International Journal of Energy Economics and Policy, Econjournals, vol. 8(5), pages 42-48.
    13. Anthony Nyangarika & Alexey Mikhaylov & Ulf Henning Richter, 2019. "Oil Price Factors: Forecasting on the Base of Modified Auto-regressive Integrated Moving Average Model," International Journal of Energy Economics and Policy, Econjournals, vol. 9(1), pages 149-159.
    14. DeCanio, Stephen J, 1998. "The efficiency paradox: bureaucratic and organizational barriers to profitable energy-saving investments," Energy Policy, Elsevier, vol. 26(5), pages 441-454, April.
    15. Kenneth Gillingham, Matthew Harding, and David Rapson, 2012. "Split Incentives in Residential Energy Consumption," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2).
    16. Alexey Yurievich Mikhaylov, 2018. "Volatility Spillover Effect between Stock and Exchange Rate in Oil Exporting Countries," International Journal of Energy Economics and Policy, Econjournals, vol. 8(3), pages 321-326.
    17. Anthony Nyangarika & Alexey Mikhaylov & Ulf Henning Richter, 2019. "Influence Oil Price towards Macroeconomic Indicators in Russia," International Journal of Energy Economics and Policy, Econjournals, vol. 9(1), pages 123-129.
    18. Todd Gerarden & Richard G. Newell & Robert N. Stavins, 2015. "Deconstructing the Energy-Efficiency Gap: Conceptual Frameworks and Evidence," American Economic Review, American Economic Association, vol. 105(5), pages 183-186, May.
    19. Cameron, Trudy Ann, 1985. "A Nested Logit Model of Energy Conservation Activity by Owners of Existing Single Family Dwellings," The Review of Economics and Statistics, MIT Press, vol. 67(2), pages 205-211, May.
    20. Alexey Mikhaylov, 2019. "Oil and Gas Budget Revenues in Russia after Crisis in 2015," International Journal of Energy Economics and Policy, Econjournals, vol. 9(2), pages 375-380.
    21. E. Raphael Branch, 1993. "Short Run Income Elasticity of Demand for Residential Electricity Using Consumer Expenditure Survey Data," The Energy Journal, International Association for Energy Economics, vol. 0(Number 4), pages 111-122.
    22. Lucas W. Davis, 2008. "Durable goods and residential demand for energy and water: evidence from a field trial," RAND Journal of Economics, RAND Corporation, vol. 39(2), pages 530-546, June.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Vladislav Trubnikov & Ulf Henning Richter, 2020. "China Energy Policy: Evidence of China-Russia Cooperation," International Journal of Energy Economics and Policy, Econjournals, vol. 10(1), pages 145-149.
    2. Anton Lisin, 2020. "Biofuel Energy in the Post-oil Era," International Journal of Energy Economics and Policy, Econjournals, vol. 10(2), pages 194-199.
    3. Katarina Buganova & Maria Luskova & Jozef Kubas & Michal Brutovsky & Jaroslav Slepecky, 2021. "Sustainability of Business through Project Risk Identification with Use of Expert Estimates," Sustainability, MDPI, vol. 13(11), pages 1-17, June.
    4. Jaehyung An & Alexey Mikhaylov & Sang-Uk Jung, 2020. "The Strategy of South Korea in the Global Oil Market," Energies, MDPI, vol. 13(10), pages 1-8, May.

    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. Li, Jia & Just, Richard E., 2018. "Modeling household energy consumption and adoption of energy efficient technology," Energy Economics, Elsevier, vol. 72(C), pages 404-415.
    2. Artur Meynkhard, 2019. "Energy Efficient Development Model for Regions of the Russian Federation: Evidence of Crypto Mining," International Journal of Energy Economics and Policy, Econjournals, vol. 9(4), pages 16-21.
    3. Valeriia Denisova, 2019. "Energy Efficiency as a Way to Ecological Safety: Evidence From Russia," International Journal of Energy Economics and Policy, Econjournals, vol. 9(5), pages 32-37.
    4. Mikhail Bondarev, 2020. "Energy Consumption of Bitcoin Mining," International Journal of Energy Economics and Policy, Econjournals, vol. 10(4), pages 525-529.
    5. Fe Amor Parel Gudmundsson & Sergey Prosekov & Natalia Sokolinskaya & Sergey Tarakanov & Evgeniy Lopatin, 2020. "Factors of the Formation of Modern Energetic Reality in North Western Europe," International Journal of Energy Economics and Policy, Econjournals, vol. 10(4), pages 539-544.
    6. Jaehyung An & Alexey Mikhaylov & Sang-Uk Jung, 2020. "The Strategy of South Korea in the Global Oil Market," Energies, MDPI, vol. 13(10), pages 1-8, May.
    7. Schleich, Joachim & Gassmann, Xavier & Faure, Corinne & Meissner, Thomas, 2016. "Making the implicit explicit: A look inside the implicit discount rate," Energy Policy, Elsevier, vol. 97(C), pages 321-331.
    8. Artur Meynkhard, 2020. "Priorities of Russian Energy Policy in Russian-Chinese Relations," International Journal of Energy Economics and Policy, Econjournals, vol. 10(1), pages 65-71.
    9. Pavel Baboshkin, 2020. "Strategic Energy Partnership between Russia and China," International Journal of Energy Economics and Policy, Econjournals, vol. 10(5), pages 158-163.
    10. Jaehyung An & Mikhail Dorofeev & Shouxian Zhu, 2020. "Development of Energy Cooperation between Russia and China," International Journal of Energy Economics and Policy, Econjournals, vol. 10(1), pages 134-139.
    11. Uyeh Daniel Dooyum & Alexey Mikhaylov & Igor Varyash, 2020. "Energy Security Concept in Russia and South Korea," International Journal of Energy Economics and Policy, Econjournals, vol. 10(4), pages 102-107.
    12. Anton Lisin, 2020. "Biofuel Energy in the Post-oil Era," International Journal of Energy Economics and Policy, Econjournals, vol. 10(2), pages 194-199.
    13. Vladislav Trubnikov & Ulf Henning Richter, 2020. "China Energy Policy: Evidence of China-Russia Cooperation," International Journal of Energy Economics and Policy, Econjournals, vol. 10(1), pages 145-149.
    14. Belaïd, Fateh & Massié, Camille, 2023. "Driving forward a low-carbon built environment: The impact of energy context and environmental concerns on building renovation," Energy Economics, Elsevier, vol. 124(C).
    15. Xenia Tabachkova & Sergey Prosekov & Natalia Sokolinskaya, 2020. "Energy System Structure in Russian Arctic: Coal Production Forecast," International Journal of Energy Economics and Policy, Econjournals, vol. 10(3), pages 476-481.
    16. Häckel, Björn & Pfosser, Stefan & Tränkler, Timm, 2017. "Explaining the energy efficiency gap - Expected Utility Theory versus Cumulative Prospect Theory," Energy Policy, Elsevier, vol. 111(C), pages 414-426.
    17. Jo o Marcos Mott Pavanelli & Alexandre Toshiro Igari, 2019. "Institutional Reproduction and Change: An Analytical Framework for Brazilian Electricity Generation Choices," International Journal of Energy Economics and Policy, Econjournals, vol. 9(5), pages 252-263.
    18. Nicholas Rivers and Leslie Shiell, 2016. "Free-Riding on Energy Efficiency Subsidies: the Case of Natural Gas Furnaces in Canada," The Energy Journal, International Association for Energy Economics, vol. 0(Number 4).
    19. Suter, Jordan F. & Shammin, Md Rumi, 2013. "Returns to residential energy efficiency and conservation measures: A field experiment," Energy Policy, Elsevier, vol. 59(C), pages 551-561.
    20. Xenia Tabachkova, 2021. "Consequences of Oil Supply and Demand on the Electricity Market: Coronavirus Effect," International Journal of Energy Economics and Policy, Econjournals, vol. 11(4), pages 573-580.

    More about this item

    Keywords

    energy; resource saving; industrial enterprises; Cobb-Douglas function; level of technical condition of production equipment;
    All these keywords.

    JEL classification:

    • C30 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - General
    • D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
    • Q41 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Demand and Supply; Prices
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy

    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:eco:journ2:2019-04-23. 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: Ilhan Ozturk (email available below). General contact details of provider: http://www.econjournals.com .

    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.