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Methodological Approaches to Research Resource Saving Industrial Enterprises

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  • Evgeniy Lopatin

    (Department of financial markets and banks, Financial University Under the Government of the Russian Federation, Moscow, Russia.)

Abstract

Paper proposes the method of evaluating the performance of the company based on the use of production functions and factor models, which include the assessment of the entire apparatus and a set of performance indicators (appropriate) use of resources, resource saving. The method of assessing the performance depends on the use of the Cobb-Douglas production function. This function allows you to receive information about the appropriateness of the use of production resources, as well as timely carry out the correction of deviations of indicators of resources spent from standard values. Two-factor approach is using only the resources of labor expended and capital resources to calculate the required values.

Suggested Citation

  • Evgeniy Lopatin, 2019. "Methodological Approaches to Research Resource Saving Industrial Enterprises," International Journal of Energy Economics and Policy, Econjournals, vol. 9(4), pages 181-187.
    • Handle: RePEc:eco:journ2:2019-04-23
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    References listed on IDEAS

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    More about this item

    Keywords

    energy; resource saving; industrial enterprises; Cobb-Douglas function; level of technical condition of production equipment;
    All these keywords.

    JEL classification:

    • C30 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - General
    • D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
    • Q41 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Demand and Supply; Prices
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy

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