IDEAS home Printed from https://ideas.repec.org/a/url/izvest/v21y2020i4p153-173.html
   My bibliography  Save this article

Industrial policy of increasing resource efficiency and the achievement of the sustainable development goals

Author

Listed:
  • Dmitry O. Skobelev

    (Research Institute “Environmental Industrial Policy Centre”, Mytishchi, Moscow oblast, Russia)

Abstract

Global trends in economic development definitively reflect priorities of the sustainable development. Over recent decades the global economy has enjoyed a successfully functioning mechanism for balancing economic and resource and environmental priorities based on the concept of the Best Available Techniques (BAT). The research aims to formulate the industrial policy on modernising resource-intensive industries with regard to the BAT principles and involvement of the secondary resources in economic cycles. The author suggests taking these technologies as standards based on which regulators develop obligatory requirements for industry, determine directions and target indicators of reforms. This will allow motivating enterprises to innovate, launch and implement programmes for production modernisation. Methodologically, the research relies on the theories of economic growth, system efficiency, non-cooperative games, technological waves, resource management, and the concept of sustainable development. The author employs analysis and synthesis methods to ensure a systematic and complex approach to framing the industrial policy on increasing resource efficiency. The researcher elaborates on the content of the environmental industrial policy of the Russian Federation (EIP) according to which it is a horizontal tool of industrial policy meant to maintain the improvement of resource efficiency both at microeconomic and macroeconomic levels by introducing BAT and bringing secondary resources into economic cycles. Instead of supporting an unlimited use of natural resources, the state centres its attention on the implementation of new technologies and solutions that maintain the recycling of the secondary resources. Such industrial policy is in line with the UN Sustainable Development Goals. It promotes economic development, industrialisation and innovations, favours transition to responsible models of production and consumption and reduction of the negative impact on the environment. To evaluate the effectiveness of the environmental industrial policy, the researcher suggests considering resource efficiency as a parameter measured in the natural units (consumption of non-renewable resources). In addition, the paper presents the results of the case study demonstrating practical implementation of the EIP tools for achieving the UN Sustainable Development Goals.

Suggested Citation

  • Dmitry O. Skobelev, 2020. "Industrial policy of increasing resource efficiency and the achievement of the sustainable development goals," Journal of New Economy, Ural State University of Economics, vol. 21(4), pages 153-173, December.
    • Handle: RePEc:url:izvest:v:21:y:2020:i:4:p:153-173
    DOI: 10.29141/2658-5081-2020-21-4-8
    as

    Download full text from publisher

    File URL: http://jne.usue.ru/images/download/89/8.pdf
    Download Restriction: no
    File URL: http://jne.usue.ru/ru/2020/934
    Download Restriction: no
    File URL: https://libkey.io/10.29141/2658-5081-2020-21-4-8?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. Robert M. Solow, 1956. "A Contribution to the Theory of Economic Growth," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 70(1), pages 65-94.
    2. Dani Rodrik, 2014. "Green industrial policy," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 30(3), pages 469-491.
    3. Antonio Andreoni & Mike Gregory, 2013. "Why and How Does Manufacturing Still Matter: Old Rationales, New Realities," Revue d'économie industrielle, De Boeck Université, vol. 0(4), pages 21-57.
    4. Chen, Shiyi & Jefferson, Gary H. & Zhang, Jun, 2011. "Structural change, productivity growth and industrial transformation in China," China Economic Review, Elsevier, vol. 22(1), pages 133-150, March.
    5. O. S. Sukharev & E. N. Voronchikhina, 2020. "Structural growth policy in Russia: Resources, technology-intensity, risk, and industrialisation," Journal of New Economy, Ural State University of Economics, vol. 21(1), pages 29-52, March.
    6. Ha‐Joon Chang & Antonio Andreoni, 2020. "Industrial Policy in the 21st Century," Development and Change, International Institute of Social Studies, vol. 51(2), pages 324-351, March.
    7. Richard P. Rumelt, 1991. "How much does industry matter?," Strategic Management Journal, Wiley Blackwell, vol. 12(3), pages 167-185, March.
    8. Howard Pack & Kamal Saggi, 2006. "Is There a Case for Industrial Policy? A Critical Survey," The World Bank Research Observer, World Bank, vol. 21(2), pages 267-297.
    9. Karl Aiginger & Dani Rodrik, 2020. "Rebirth of Industrial Policy and an Agenda for the Twenty-First Century," Journal of Industry, Competition and Trade, Springer, vol. 20(2), pages 189-207, June.
    10. Christian Kroll & Anne Warchold & Prajal Pradhan, 2019. "Sustainable Development Goals (SDGs): Are we successful in turning trade-offs into synergies?," Palgrave Communications, Palgrave Macmillan, vol. 5(1), pages 1-11, December.
    Full references (including those not matched with items on IDEAS)

    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.
    1. Gergely Buda & Judit Ricz, 2023. "Industrial symbiosis and industrial policy for sustainable development in Uganda," Review of Evolutionary Political Economy, Springer, vol. 4(1), pages 165-189, April.
    2. Ioanna Kastelli & Lukasz Mamica & Keun Lee, 2023. "New perspectives and issues in industrial policy for sustainable development: from developmental and entrepreneurial to environmental state," Review of Evolutionary Political Economy, Springer, vol. 4(1), pages 1-25, April.
    3. Hsu, Bo-Xiang & Chen, Yi-Min & Yan, Ting-Yu, 2021. "Industrial targeting and firm performance: An integrated approach to industry selection," Technological Forecasting and Social Change, Elsevier, vol. 162(C).
    4. Ferrannini, Andrea & Barbieri, Elisa & Biggeri, Mario & Di Tommaso, Marco R., 2021. "Industrial policy for sustainable human development in the post-Covid19 era," World Development, Elsevier, vol. 137(C).
    5. Enrico Bergamini & Georg Zachmann, 2020. "Exploring EU’s Regional Potential in Low-Carbon Technologies," Sustainability, MDPI, vol. 13(1), pages 1-28, December.
    6. Jonas Meckling & Jesse Strecker, 2023. "Green bargains: leveraging public investment to advance climate regulation," Climate Policy, Taylor & Francis Journals, vol. 23(4), pages 418-429, April.
    7. Giovanni Dosi & Andrea Roventini & Emmanuele Russo, 2020. "Public Policies And The Art Of Catching Up," Working Papers hal-03242369, HAL.
    8. Giovanni Dosi & Andrea Roventini & Emanuele Russo, 2021. "Public policies and the art of catching up: matching the historical evidence with a multicountry agent-based model [Catching up, forging ahead, and falling behind]," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 30(4), pages 1011-1036.
    9. Zhang, Shangfeng & Liu, Yaoxin & Huang, Duen-Huang, 2021. "Understanding the mystery of continued rapid economic growth," Journal of Business Research, Elsevier, vol. 124(C), pages 529-537.
    10. Laiqun Jin & Changwei Mo & Bochao Zhang & Bing Yu, 2018. "What Is the Focus of Structural Reform in China?—Comparison of the Factor Misallocation Degree within the Manufacturing Industry with a Unified Model," Sustainability, MDPI, vol. 10(11), pages 1-19, November.
    11. Hafele, Jakob & Le Lannou, Laure-Alizée & Rochowicz, Nils & Kuhls, Sonia & Gräbner-Radkowitsch, Claudius, 2023. "Securing future-fit jobs in the green transformation: A policy framework for industrial policy," ZOE Discussion Papers 10, ZOE. institute for future-fit economies, Bonn.
    12. Matt Andrews & Peter Harrington, 2023. "Facilitating learning and discovery-oriented industrial policy in Albania," CID Working Papers 431, Center for International Development at Harvard University.
    13. Diane Coyle & Adam Muhtar, 2021. "UK’s Industrial Policy: Learning from the past?," Insight Papers 002, The Productivity Institute.
    14. Jingxiao Zhang & Haiyan Xie & Hui Li, 2017. "Positioning and Priorities of Growth Management in Construction Industrialization: Chinese Firm-Level Empirical Research," Sustainability, MDPI, vol. 9(7), pages 1-23, June.
    15. Samuel Klebaner & Anaïs Voy-Gillis, 2023. "The political economy of French industrial policymaking," Review of Evolutionary Political Economy, Springer, vol. 4(1), pages 49-74, April.
    16. repec:hal:spmain:info:hdl:2441/3s3jn8tt5h9mab7fo128gecbhj is not listed on IDEAS
    17. Wang, Tianyu & Li, Kui-Wai, 2018. "Examining the liquidity and productivity relationship: Evidence from post-reform China," MPRA Paper 100837, University Library of Munich, Germany, revised 31 May 2020.
    18. Wang, Qunwei & Zhang, Cheng & Cai, Wanhuan, 2017. "Factor substitution and energy productivity fluctuation in China: A parametric decomposition analysis," Energy Policy, Elsevier, vol. 109(C), pages 181-190.
    19. Xiao Jie Liu & Haiyue Liu & Shi Yi Liu & Jim Huangnan Shen & Chien‐Chiang Lee, 2022. "Profit sharing, industrial upgrading, and global supply chains: Theory and evidence," Review of Development Economics, Wiley Blackwell, vol. 26(4), pages 2454-2493, November.
    20. Shen, Wei & Ayele, Seife & Worako, Tadesse Kuma, 2023. "The political economy of green industrial policy in Africa: Unpacking the coordination challenges in Ethiopia," Energy Policy, Elsevier, vol. 179(C).
    21. Chaiken, Benjamin & Duggan, Joseph E. & Sioshansi, Ramteen, 2021. "Paid to produce absolutely nothing? A Nash-Cournot analysis of a proposed power purchase agreement," Energy Policy, Elsevier, vol. 156(C).

    More about this item

    Keywords

    sustainable development; resource efficiency; industrial policy; environmental policy; Best Available Techniques; innovations; modernisation;
    All these keywords.

    JEL classification:

    • L52 - Industrial Organization - - Regulation and Industrial Policy - - - Industrial Policy; Sectoral Planning Methods
    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

    Statistics

    Access and download statistics

    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:url:izvest:v:21:y:2020:i:4:p:153-173. 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: Victor Blaginin (email available below). General contact details of provider: https://edirc.repec.org/data/usueeru.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.