IDEAS home Printed from https://ideas.repec.org/h/spr/sprchp/978-3-030-79496-5_16.html
   My bibliography  Save this book chapter

Limited Opportunities for Financing Projects in the Field of Industry 4.0 and Combating Climate Change in the Regions of Russia in the Face of Budget Shortages

In: Industry 4.0

Author

Listed:
  • Marina V. Karp

    (State University of Management)

  • Elena L. Gulkova

    (State University of Management)

  • Margarita S. Orekhova

    (Kuban State Agrarian University named after I.T. Trubilin)

  • Aleksandra F. Leschinskaya

    (Plekhanov Russian University of Economics)

Abstract

Purpose: the purpose of the research is to study the limited possibilities of financing projects in the field of industry 4.0 and the fight against climate change in the regions of Russia in the face of budget shortages amid the pandemic and the COVID-19 crisis, as well as to determine the optimal budget conditions for financing these projects. Design/methodology/approach: in order to determine the most accurate and reliable dependencies of the volume and financing of projects in the field of industry 4.0 and the combat against climate change on the balance of the regional budget, this research is carried out on the basis of two samples of regions of Russia, formed according to the criterion of the regional budget balance in the context of a pandemic and COVID-19 crisis in 2020: with a budget surplus and deficit. Findings: the results of the research showed that the financing of projects in the field of industry 4.0 and the fight against climate change in the regions of Russia, firstly, is significantly determined by the balance of the regional budget. Secondly, it is characterized by various laws: financing of projects in the field of industry 4.0 is scarce both with a deficit and a budget surplus, and financing of projects in the field of combating climate change in the regions of Russia is scarce with a budget deficit and enough with a budget surplus. Originality/value: differences in the conditions of optimal budget balances are justified: with a zero regional budget balance, the point of optimal (deficit-free) financing of these projects is reached, and a confident regional budget surplus forms the zone of optimal financing of climate change projects in the regions of Russia.

Suggested Citation

  • Marina V. Karp & Elena L. Gulkova & Margarita S. Orekhova & Aleksandra F. Leschinskaya, 2022. "Limited Opportunities for Financing Projects in the Field of Industry 4.0 and Combating Climate Change in the Regions of Russia in the Face of Budget Shortages," Springer Books, in: Elena B. Zavyalova & Elena G. Popkova (ed.), Industry 4.0, pages 181-188, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-79496-5_16
    DOI: 10.1007/978-3-030-79496-5_16
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    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:spr:sprchp:978-3-030-79496-5_16. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.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.