Energy-Economic Factor of Growth and Development of Industrial Production in Some Countries of the World
https://doi.org/10.21869/2223-1552-2023-13-1-35-45
Abstract
Relevance. Increasing the efficiency of energy use in modern conditions of limited availability of cheap energy resources in most countries of the world is one of the leading factors in the reindustrialization of economic development.
The purpose of the study is to evaluate and substantiate the nature of the impact of the energy-economic factor on the growth and development of industrial production in various countries of the world that are distinguished by the availability of multi-purpose economic resources (labor and energy).
Objeсtives: to study and substantiate the ratio of types and types of industrial production development at the country level; to give a comparative assessment of the impact of the energy-economic factor on the growth and development of industrial production in the leading countries of the modern world in 2011‒2030; to identify retrospective and prospective trends in the growth and development of industrial production of target countries research.
Methodology. The analysis of time series of compared indicators and factor analysis of changes in production efficiency indicators were used.
Results. Empirical results of assessing the impact of the energy-economic factor on the growth and development of industrial production in some countries of the world in the short and medium term are obtained, indicating the desire of the most advanced of them to organize industrial production within the framework of an energy-equipped type and an intensive type of development, which implies the highest energy efficiency indicators.
Conclusions. Economic development of the most developed countries of the world, included in the 2010s. In the initial phase of the "reindustrial turn", in addition to increasing the availability of energy (primarily in terms of cost), which affects the competitiveness of industrial products in the United States, Japan, EU countries and other national economies, it is impossible without improving the "quality" of energy. Energy independence (or successful overcoming of such dependence) of such countries as China, India, Iran, Saudi Arabia and Russia creates conditions for the successful development of production based on a combination of the energy-economic factor with general economic opportunities (security of labor resources and capital).
About the Author
V. N. MinatRussian Federation
Valery N. Minat, Cand. of Sci. (Geography), Associate Professor, Associate Professor of the Department of Economics and Management
1 Kostycheva Str., Ryazan 390044
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Review
For citations:
Minat V.N. Energy-Economic Factor of Growth and Development of Industrial Production in Some Countries of the World. Proceedings of the Southwest State University. Series: Economics. Sociology. Management. 2023;13(1):35-45. (In Russ.) https://doi.org/10.21869/2223-1552-2023-13-1-35-45