The impact of the resource and environmental factors on the economic development of Russian regions

Ecological regulation and environmental protection are essential elements of the directions of energy and economic policy at the present stage. In some cases, the increasing environmental regulation can negatively affect economic growth, however a number of modern studies proves the opposite. Modera...

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Autores principales:	A.V. Komarova, I.V. Filimonova, A.Y. Novikov
Formato:	article
Lenguaje:	EN
Publicado:	Elsevier 2021
Materias:	Environmental regulation Regional economy Economic growth Energy regulation Panel data Electrical engineering. Electronics. Nuclear engineering TK1-9971
Acceso en línea:	https://doaj.org/article/c65b7fdab16e4c80b91d5b4e110435fa
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spelling	oai:doaj.org-article:c65b7fdab16e4c80b91d5b4e110435fa2021-11-18T04:49:42ZThe impact of the resource and environmental factors on the economic development of Russian regions2352-484710.1016/j.egyr.2021.07.109https://doaj.org/article/c65b7fdab16e4c80b91d5b4e110435fa2021-11-01T00:00:00Zhttp://www.sciencedirect.com/science/article/pii/S2352484721005746https://doaj.org/toc/2352-4847Ecological regulation and environmental protection are essential elements of the directions of energy and economic policy at the present stage. In some cases, the increasing environmental regulation can negatively affect economic growth, however a number of modern studies proves the opposite. Moderate environmental standards lead to the effect of innovation compensation, which has a positive effect on the micro and macro level. In this paper the influence of resource, ecological and other factors on the economic development of Russian regions is studied using panel data models with fixed and random effects. The influence of the ecological factor is revealed by including various indicators of the concern for the quality of the environment, after which the results are compared. In three of the four types of constructed models, the influence of the environmental factor, expressed by different indicators, is positive. The positive result can be explained by the fact that regulation in Russia remains quite liberal to the companies, and the threshold at which strict standards begin to slow down economic growth has not yet been passed. Other significant factors for the growth of regional economies are the availability of fixed assets, the number of employees, and the share of resource industries in gross added value.A.V. KomarovaI.V. FilimonovaA.Y. NovikovElsevierarticleEnvironmental regulationRegional economyEconomic growthEnergy regulationPanel dataElectrical engineering. Electronics. Nuclear engineeringTK1-9971ENEnergy Reports, Vol 7, Iss , Pp 422-427 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	Environmental regulation Regional economy Economic growth Energy regulation Panel data Electrical engineering. Electronics. Nuclear engineering TK1-9971
spellingShingle	Environmental regulation Regional economy Economic growth Energy regulation Panel data Electrical engineering. Electronics. Nuclear engineering TK1-9971 A.V. Komarova I.V. Filimonova A.Y. Novikov The impact of the resource and environmental factors on the economic development of Russian regions
description	Ecological regulation and environmental protection are essential elements of the directions of energy and economic policy at the present stage. In some cases, the increasing environmental regulation can negatively affect economic growth, however a number of modern studies proves the opposite. Moderate environmental standards lead to the effect of innovation compensation, which has a positive effect on the micro and macro level. In this paper the influence of resource, ecological and other factors on the economic development of Russian regions is studied using panel data models with fixed and random effects. The influence of the ecological factor is revealed by including various indicators of the concern for the quality of the environment, after which the results are compared. In three of the four types of constructed models, the influence of the environmental factor, expressed by different indicators, is positive. The positive result can be explained by the fact that regulation in Russia remains quite liberal to the companies, and the threshold at which strict standards begin to slow down economic growth has not yet been passed. Other significant factors for the growth of regional economies are the availability of fixed assets, the number of employees, and the share of resource industries in gross added value.
format	article
author	A.V. Komarova I.V. Filimonova A.Y. Novikov
author_facet	A.V. Komarova I.V. Filimonova A.Y. Novikov
author_sort	A.V. Komarova
title	The impact of the resource and environmental factors on the economic development of Russian regions
title_short	The impact of the resource and environmental factors on the economic development of Russian regions
title_full	The impact of the resource and environmental factors on the economic development of Russian regions
title_fullStr	The impact of the resource and environmental factors on the economic development of Russian regions
title_full_unstemmed	The impact of the resource and environmental factors on the economic development of Russian regions
title_sort	impact of the resource and environmental factors on the economic development of russian regions
publisher	Elsevier
publishDate	2021
url	https://doaj.org/article/c65b7fdab16e4c80b91d5b4e110435fa
work_keys_str_mv	AT avkomarova theimpactoftheresourceandenvironmentalfactorsontheeconomicdevelopmentofrussianregions AT ivfilimonova theimpactoftheresourceandenvironmentalfactorsontheeconomicdevelopmentofrussianregions AT aynovikov theimpactoftheresourceandenvironmentalfactorsontheeconomicdevelopmentofrussianregions AT avkomarova impactoftheresourceandenvironmentalfactorsontheeconomicdevelopmentofrussianregions AT ivfilimonova impactoftheresourceandenvironmentalfactorsontheeconomicdevelopmentofrussianregions AT aynovikov impactoftheresourceandenvironmentalfactorsontheeconomicdevelopmentofrussianregions
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The impact of the resource and environmental factors on the economic development of Russian regions

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