IDEAS home Printed from https://ideas.repec.org/a/aiy/journl/v2y2016i3p270-278.html
   My bibliography  Save this article

Methodological Toolkit for Assessing the Investment Attractiveness of Renewable Resources in Northern and Arctic Territories

Author

Listed:
  • Tatarkin, A. I.
  • Balashenko, V. V.
  • Loginov, V. G.
  • Ignatyeva, M. N.

Abstract

This article examines a pressing issue of assessing the investment attractiveness of renewable resources in underdeveloped Northern and Arctic territories that have a huge untapped natural resource potential. The subject of the study is the economic interactions that occur during the development of natural resource potential. The goal of this study is to develop the methodological toolkit for assessing the investment attractiveness for businesses and government authorities at various levels. At the pre-investment stage of development projects, we identified typical landscapes for zoning of the territory and assessed them for each type of renewable natural resources. Based on an analysis of existing approaches to natural resource zoning, the authors propose to identify three types of landscapes, including those that are attractive in terms of investment, those that are attractive in terms of investment with certain limitations, and those that are unattractive for investment. The study has confirmed the hypothesis that the selection of the most valuable natural resources expands the opportunities for their economic use. The investment attractiveness is determined by favorable geographical location, development of regional infrastructure, natural potential viewed as a priority object. The authors have provided the rationale for the need to valuate the natural resource potential of landscape areas within the boundaries of an assessed territory for the purposes of their ranking based on establishing the investment attractiveness. The limitations may be imposed by the low level of infrastructure development prerequisites, insufficient sustainability of landscapes to anthropogenic influences, export of raw materials for processing outside the territory, etc. The authors have substantiated the list of conditions that require the introduction of correction coefficients to the value indicators of natural resource potential in landscape areas. The main findings of the study are presented in the form of landscape zoning of the territory and methodological toolkit for assessing the investment attractiveness tested in Berezovsky Municipal District of Khanty-Mansi Autonomous Okrug—Yugra.

Suggested Citation

  • Tatarkin, A. I. & Balashenko, V. V. & Loginov, V. G. & Ignatyeva, M. N., 2016. "Methodological Toolkit for Assessing the Investment Attractiveness of Renewable Resources in Northern and Arctic Territories," R-Economy, Ural Federal University, Graduate School of Economics and Management, vol. 2(3), pages 270-278.
    • Handle: RePEc:aiy:journl:v:2:y:2016:i:3:p:270-278
    DOI: 10.15826/recon.2016.2.3.024
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10995/47011
    Download Restriction: no
    File URL: https://libkey.io/10.15826/recon.2016.2.3.024?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. Balashenko, V. V. & Ignatyeva, M. N. & Loginov, V. G., 2015. "Natural resource potential of northern regions: methodological characteristics of comprehensive assessment," R-Economy, Ural Federal University, Graduate School of Economics and Management, vol. 1(4), pages 638-647.
    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. Margarita Ignatyeva & Vera Yurak & Natalia Pustokhina, 2020. "Recultivation of Post-Mining Disturbed Land: Review of Content and Comparative Law and Feasibility Study," Resources, MDPI, vol. 9(6), pages 1-17, June.

    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.

      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:journl:v:2:y:2016:i:3:p:270-278. 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: Irina Turgel (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.