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Economic Aspects of Organizing High-technology Resource Saving Production in the Forest Sector of Russia

Author

Listed:
  • Morkovina S.S.
  • Panyavina E.A.
  • Platonov A.D.
  • Kolesnichenko E.A.

Abstract

Purpose: The article aims at assessing the possibility of organizing high-tech production in the Russian forest industry. Structure/Methodology/Approach: To switch to high-tech and resource-saving technologies in the production of sleepers, it is necessary to assess the influence of a few factors: the cost of production of innovative products, the demand for innovative products, the lifetime of innovative products. To assess the demand, we have used an expert survey. Results: The cost of producing railroad sleepers from modified wood has been established. The use of cheaper softwood wood as raw material (birch, aspen, alder, poplar, etc.) which makes it possible to reduce the cost of production of the sleepers is a competitive advantage of the innovative technology. Practical implications: It has been established that in the future we should expect an increase in demand for the sleepers made of modified wood, especially in the European part of Russia. Originality/Value. The main contribution of this study is the rationale for the transition to the concept of environmental savings in the Russian forest industry. The use of modified wood in the production of sleepers is economically viable and can be an alternative when diversifying production.

Suggested Citation

  • Morkovina S.S. & Panyavina E.A. & Platonov A.D. & Kolesnichenko E.A., 2019. "Economic Aspects of Organizing High-technology Resource Saving Production in the Forest Sector of Russia," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(Special 1), pages 395-402.
    • Handle: RePEc:ers:ijebaa:v:vii:y:2019:i:special1:p:395-402
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    References listed on IDEAS

    as
    1. Yuri A. Kolesnikov & Tatiana V. Epifanova & Anastasia M. Usenko & Ekaterina Parshina & Victoria N. Ostrovskaya, 2016. "The Peculiarities of State Regulation of Innovation Activities of Enterprises in the Global Economy," Contemporary Economics, University of Economics and Human Sciences in Warsaw., vol. 10(4), December.
    2. E.A. Panyavina & M.B. Chirkova & S.G. Cheglakova & V.V. Pankov, 2017. "The Role and Place of the Crisis Traps in the Development of the Small Business of the Forest Sector in the Russian Economy," European Research Studies Journal, European Research Studies Journal, vol. 0(3B), pages 480-489.
    3. S.S. Morkovina & Y.M. Sokolinskaya & N.M. Bukhtoyarov & N.M. Safonova, 2017. "Deformation Factors of the Entrepreneurship Development in the Industry Segments of the Economy of the Russian Federation," European Research Studies Journal, European Research Studies Journal, vol. 0(3B), pages 403-411.
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      Keywords

      High-tech manufacturing; forestry; investment attractiveness; modified wood.;
      All these keywords.

      JEL classification:

      • C14 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Semiparametric and Nonparametric Methods: General
      • C81 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Microeconomic Data; Data Access
      • E61 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Policy Objectives; Policy Designs and Consistency; Policy Coordination
      • Q23 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Forestry
      • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects

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