Socio-economic innovations in systems analysis: environmental and economic aspects
by Yuri Yevdokimov; Vladimir Melnyk; Leonid Melnyk; Iryna Dehtyarova
International Journal of Environmental Technology and Management (IJETM), Vol. 25, No. 1/2, 2022

Abstract: Current socio-economic development framework provides insufficient opportunities to apply traditional decision making and managerial tools. Specifically, it ignores the bifurcation (qualitative) changes in economic systems as well as critical relationships between the economy and environment. This results in nonlinear relationships between socio-economic and environmental factors. In fact, ecological and economic effects are complex multi-factorial phenomena. The paper offers a methodological approach that defines the overall effect from economic activities of an economic agent with the help of a correction coefficient, which is based on the ratio of internal and external effects. This methodology is applied to define the correction coefficients in the Ukrainian economy on the basis of the data collected over more than 40 years. The paper also offers the analysis of investment business projects in Sumy Region showing internal, external effects, and integral results of the investment business projects.

Online publication date: Fri, 04-Feb-2022

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

 
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Environmental Technology and Management (IJETM):
Login with your Inderscience username and password:

Username:        Password:          Forgotten your password?

Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com