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Specifics in Modeling of Energy Efficient Production in Agribusiness

Author

Listed:
  • Georgi N. Todorov

    (Varna Scientific Institute of the Eastern European Commonwealth VSIEEC, Slivnitsa Blvd, 9009, Varna, Bulgaria,)

  • Oleg M. Barbakov

    (Tyumen Industrial University, 38, Volodarskogo Str., 625000, Tyumen, Russia,)

  • Natalya I. Nikitina

    (Russian State Social University, 4/1, Vil gel ma Pika Str., Moscow, 129226, Russia,)

  • Veronica Yu. Chernova

    (Peoples Friendship University of Russia, 6, Miklukho-Maklaya Str., Moscow, 117198, Russia.)

Abstract

A resource potential in agribusiness is a roundup indicator of resource availability. Its assessment and efficiently used resources govern a level of competitiveness of farm products among enterprises that have various operating practices. Power industry is a significant component of the resource potential. Greenhouses that operate in unfavourable natural and climatic conditions are an indicative example in this field. The study of practices that Russian agribusiness has will make it possible to identify strong component dependencies and challenges that businesspeople face when they introduce energy-saving solutions. Having reviewed corresponding sources, authors conclude that robust control aims at corrections to be made to the rule of uncertainty of conditions that govern the high energy/output ratio in greenhouse facilities. Based on the correlation/regression and index analysis they have established that the return rate in production of vegetables grown under cover depends on following three components: the specific gravity of costs for natural gas and other heat supply sources, the share of costs for electricity and capital-labour ratio. Findings imply that energy efficiency in national agribusiness was insufficient. Authors justify a need for a substantial increase in a use of alternate energy sources with mostly decentralized distribution.

Suggested Citation

  • Georgi N. Todorov & Oleg M. Barbakov & Natalya I. Nikitina & Veronica Yu. Chernova, 2018. "Specifics in Modeling of Energy Efficient Production in Agribusiness," International Journal of Energy Economics and Policy, Econjournals, vol. 8(3), pages 51-57.
  • Handle: RePEc:eco:journ2:2018-03-8
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    References listed on IDEAS

    as
    1. Evgeny A. Kuzmin, 2016. "Sustainable Food Security: Floating Balance of Markets," International Journal of Economics and Financial Issues, Econjournals, vol. 6(1), pages 37-44.
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    Cited by:

    1. Julio R. G mez Sarduy & Percy R. Viego Felipe & Yamile D az Torres & Mario A. lvarez-Guerra Plascencia & Vladimir Sousa Santos & Dries Haeseldonckx, 2018. "A New Energy Performance Indicator for Energy Management System of a Wheat Mill Plant," International Journal of Energy Economics and Policy, Econjournals, vol. 8(4), pages 324-330.

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    More about this item

    Keywords

    agribusiness; energy efficiency; greenhouse industry; resource potential; energy supply; cost factor analysis.;
    All these keywords.

    JEL classification:

    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources
    • Q47 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy Forecasting

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