IDEAS home Printed from https://ideas.repec.org/a/ura/ecregj/v1y2017i4p1280-1290.html
   My bibliography  Save this article

Optimizing the Use of Resources of Technogenic Deposits Taking into Account Uncertainties

Author

Listed:
  • Ivan Potravnyy

    (Plekhanov Russian University of Economics)

  • Andrey Novoselov

    (Plekhanov Russian University of Economics)

  • IRINA NOVOSELOVA

    (Moscow State Institute of International Relations (MGIMO University))

Abstract

The article discusses the problem of resource deterioration and the exhaustion of natural resources as well as the involvement in economic circulation of waste production, resources of technogenic deposits in order to maintain natural capital and support “green†economic growth. This necessitates the development of the mechanism for the environmental management optimization. This mechanism aims at using technogenic deposits in the economy to decrease of both the nature intensity of production and the cost of production. Furthermore, the environmental management optimization should reduce the negative impact of production on the environment. The authors propose to construct a model of economic relevance for the use of waste based on the theory of sustainable development and the theory of substitution of primary natural resources. Under substitutes, we consider useful products, resources from technogenic deposits, resulting from past economic activities. The article considers the problem of accumulation of municipal solid waste and industrial wastes in the regions of Russia in terms of forming and operating the ever-growing technogenic deposits. The authors propose a set of models for the optimum exploitation of technogenic deposits taking into account various factors of the external and internal environment as well as the time factor. The proposed models allow to substantiate and choose the best technologies for the processing of accumulated waste in terms of the reduction of pollution and “green†revenues from the exploitation of technogenic deposits. To account the probabilistic assessments of the geological structure of the technogenic deposits, we propose to use a combination of Monte-Carlo method and of developed optimization models. The authors describe the calculation results and the prospects for the development of a comprehensive model using regional technogenic deposits. The results of the research allow forming an optimal set of projects for waste processing and rehabilitation of disturbed territories at the regional level. The proposed economic and mathematical tools will be useful for updating the federal target program “Elimination of accumulated environmental damage†for 2015–2026.

Suggested Citation

  • Ivan Potravnyy & Andrey Novoselov & IRINA NOVOSELOVA, 2017. "Optimizing the Use of Resources of Technogenic Deposits Taking into Account Uncertainties," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(4), pages 1280-1290.
  • Handle: RePEc:ura:ecregj:v:1:y:2017:i:4:p:1280-1290
    as

    Download full text from publisher

    File URL: http://economyofregion.ru/Data/Issues/ER2017/December_2017/ERDecember2017_1280_1290.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Kenneth Arrow & Partha Dasgupta & Karl-Göran Mäler, 2003. "Evaluating Projects and Assessing Sustainable Development in Imperfect Economies," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 26(4), pages 647-685, December.
    2. Andrey NOVOSELOV & Ivan POTRAVNII & Irina NOVOSELOVA & Violetta GASSIY, 2016. "Conflicts Management in Natural Resources Use and Environment Protection on the Regional Level," Journal of Advanced Research in Management, ASERS Publishing, vol. 7(3), pages 407-415.
    3. Jiang, P. & Liu, X., 2016. "Hidden Markov model for municipal waste generation forecasting under uncertainties," European Journal of Operational Research, Elsevier, vol. 250(2), pages 639-651.
    4. Packey, Daniel J., 2012. "Multiproduct mine output and the case of mining waste utilization," Resources Policy, Elsevier, vol. 37(1), pages 104-108.
    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. Mohajan, Haradhan & Deb, Suman & Rozario, Steve, 2011. "Environmental accounting and the roles of economics," MPRA Paper 50687, University Library of Munich, Germany, revised 25 Aug 2011.
    2. Steve Newbold & Charles Griffiths & Christopher C. Moore & Ann Wolverton & Elizabeth Kopits, 2010. "The "Social Cost of Carbon" Made Simple," NCEE Working Paper Series 201007, National Center for Environmental Economics, U.S. Environmental Protection Agency, revised Aug 2010.
    3. Vincent Smith & Justus H. H. Wesseler & David Zilberman, 2021. "New Plant Breeding Technologies: An Assessment of the Political Economy of the Regulatory Environment and Implications for Sustainability," Sustainability, MDPI, vol. 13(7), pages 1-18, March.
    4. Cairns, Robert D. & Del Campo, Stellio & Martinet, Vincent, 2019. "Sustainability of an economy relying on two reproducible assets," Journal of Economic Dynamics and Control, Elsevier, vol. 101(C), pages 145-160.
    5. Cairns, Robert D. & Martinet, Vincent, 2021. "Growth and long-run sustainability," Environment and Development Economics, Cambridge University Press, vol. 26(4), pages 381-402, August.
    6. Bazhanov, Andrei, 2011. "Investment and current utility change in dynamically inefficient economies," MPRA Paper 35487, University Library of Munich, Germany.
    7. Dominique BUREAU & Selma LABROUE, 2022. "Construire un indicateur de PIB inclusif et soutenable. Que peuvent apporter les valeurs de référence du calcul économique ?," Working Papers 2022.09, FAERE - French Association of Environmental and Resource Economists.
    8. Glenn-Marie Lange, 2014. "Environmental accounting," Chapters, in: Giles Atkinson & Simon Dietz & Eric Neumayer & Matthew Agarwala (ed.), Handbook of Sustainable Development, chapter 21, pages 319-335, Edward Elgar Publishing.
    9. Baumgärtner, Stefan & Quaas, Martin F., 2009. "Ecological-economic viability as a criterion of strong sustainability under uncertainty," Ecological Economics, Elsevier, vol. 68(7), pages 2008-2020, May.
    10. repec:hal:spmain:info:hdl:2441/eu4vqp9ompqllr09hi4cni5cl is not listed on IDEAS
    11. Zahid Yousaf & Brutu Mădălina & Daniela Mihai & Hrestic Maria-Luiza & Ștefan Maria Cristina & Popescu Constantin, 2022. "Pollution Reduction as Catalyst between Environmental Resources Conservation Efforts and Sustainable Development: Investigation of Energy Firms in Circular Economy," Energies, MDPI, vol. 15(17), pages 1-13, September.
    12. Kim, Kihyung, 2020. "Jointly produced metal markets are endogenously unstable," Resources Policy, Elsevier, vol. 66(C).
    13. Visbeck, Martin & Kronfeld-Goharani, Ulrike & Neumann, Barbara & Rickels, Wilfried & Schmidt, Jörn & van Doorn, Erik & Matz-Lück, Nele & Ott, Konrad & Quaas, Martin F., 2014. "Securing blue wealth: The need for a special sustainable development goal for the ocean and coasts," Marine Policy, Elsevier, vol. 48(C), pages 184-191.
    14. Xavier Fontaine, 2011. "Envy and Hope," Working Papers hal-00616993, HAL.
    15. K. Miloradov & G. Eidlina, 2018. "Analysis of Tourism Infrastructure Development Projects in the Context of "Green Economy"," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 20-30.
    16. O'Donnell, Gus & Oswald, Andrew J., 2015. "National well-being policy and a weighted approach to human feelings," Ecological Economics, Elsevier, vol. 120(C), pages 59-70.
    17. Li, Chuan-Zhong & Löfgren, Karl-Gustaf, 2012. "Growth, Pollution, and Money-Metric Welfare in Imperfect Markets," CERE Working Papers 2012:15, CERE - the Center for Environmental and Resource Economics.
    18. Carl Obst & Lars Hein & Bram Edens, 2016. "National Accounting and the Valuation of Ecosystem Assets and Their Services," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 64(1), pages 1-23, May.
    19. Geir B. Asheim, 2003. "Green national accounting for welfare and sustainability:A Taxonomy Of Assumptions And Results," Scottish Journal of Political Economy, Scottish Economic Society, vol. 50(2), pages 113-130, May.
    20. Chuan‐Zhong Li & Karl‐Gustaf Löfgren, 2008. "Evaluating Projects in a Dynamic Economy: Some New Envelope Results," German Economic Review, Verein für Socialpolitik, vol. 9(1), pages 1-16, February.
    21. Nick Hanley & Louis Dupuy & Eoin McLaughlin, 2015. "Genuine Savings And Sustainability," Journal of Economic Surveys, Wiley Blackwell, vol. 29(4), pages 779-806, September.

    More about this item

    Keywords

    green economy; depletion of natural resources; technogenic deposits; waste; accumulated environmental damage; performance indicators; field development; optimization model; probabilistic assessment; Monte-Carlo method; probability curve of NPV;
    All these keywords.

    JEL classification:

    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

    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:ura:ecregj:v:1:y:2017:i:4:p:1280-1290. 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: Alexey Naydenov (email available below). General contact details of provider: http://www.economyofregion.com .

    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.