IDEAS home Printed from https://ideas.repec.org/a/ege/journl/v9y2009i1p1-28.html
   My bibliography  Save this article

Techno-Economic Approaches to Environmental Actions: A Case Study For The Establishment of a Centre For Sustainable Development In The Island of Rhodes

Author

Listed:
  • Persa Fokiali

    () (University of the Aegean)

  • Rezan Tatlidil

    () (Ege University)

  • Loukas Moustakas

    (University of the Aegean)

  • Yota XANTHAKOU

    (University of the Aegean)

Abstract

For the economic world, the ever-increasing speed with which economic changes occur requires quick and safe responses that are aimed at increasing efficiency and competitiveness, while at the same time keeping business risk to a minimum. Under such conditions, decisions taken need to be backed by a thorough and convincing investigation of the issues involved, enabling clear conclusions to be drawn as to what course of action should ensue. By the way, the techno-economic study is a tool for exploring the feasibility, the technical characteristics, the cost and the viability of a decision (investment, project, action). The object of this study is to examine the potential for using the classic approach of techno-economic studies as a methodological tool in planning projects and actions related to the environment and sustainable development. The main hypothesis supported in this study is that, the application of the techno-economic study can be standardized the decision-making process and this is highly useful in decision-making. The research analysis has shown that the techno-economic study is an adequate tool for making an integrated approach to actions/investment/projects of environmental content. However, this study has also shown that the techno-economic approach is adequate without requiring major deviations from the specifications, conventions and standard forms on which it is based in the case of business-oriented applications.

Suggested Citation

  • Persa Fokiali & Rezan Tatlidil & Loukas Moustakas & Yota XANTHAKOU, 2009. "Techno-Economic Approaches to Environmental Actions: A Case Study For The Establishment of a Centre For Sustainable Development In The Island of Rhodes," Ege Academic Review, Ege University Faculty of Economics and Administrative Sciences, vol. 9(1), pages 1-28.
  • Handle: RePEc:ege:journl:v:9:y:2009:i:1:p:1-28
    as

    Download full text from publisher

    File URL: http://www.onlinedergi.com/MakaleDosyalari/51/PDF2009_1_1.pdf
    Download Restriction: no

    File URL: http://www.onlinedergi.com/eab/arsiv/arsivDetay.aspx?yil=2009&peryot=1
    File Function: Website of the journal issue
    Download Restriction: no

    More about this item

    JEL classification:

    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development

    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:ege:journl:v:9:y:2009:i:1:p:1-28. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Baris Gök). General contact details of provider: http://edirc.repec.org/data/iiegetr.html .

    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.

    We have no references for this item. You can help adding them by using 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.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.