Assessment of the need for application of additional economic instruments to reduce emissions and waste of processing productions in the region

Petro Kosinskyi

E-Forum Working Papers, 2021, vol. 11, issue 1, 75-82

Abstract: The article considers the issue of using additional economic incentives as a means of influencing the reduction of emissions and waste from processing industries in the region, working on local natural resources. Factors influencing emissions of harmful substances and wastes into the environment have been identified. The “main problems of functioning of the system of stimulation of in-depth processing of natural resources of ecological and economic character are generalized. It was found that in Volyn region there is a mostly positive trend to increase the scale of in-depth processing of natural raw materials, as well as the feasibility of increasing budget expenditures for the development of agriculture, forestry and fisheries, because it will give a positive socio economic result. The tendencies concerning change of volumes of industrial production and change of volumes of emission of harmful substances and wastes are studied and analyzed, on the basis of indicators of real volumes of realization of production of the enterprises of food and woodworking sphere which research has shown. gradually increased, and the volume of waste and emissions of harmful substances, as a result of their activities, gradually decreased, which, ultimately, gives the opportunity to talk about a certain development of in-depth processing of natural wood resources and agricultural raw materials in Volyn region. A comparison of the ratio of production (sales) of enterprises processing local natural resources to the amount of waste production and emissions of harmful substances in the reporting year with the weighted average value of this indicator for the period 2010- 2018. Thus, when the annual indicator the ratio of sales by enterprises to the total volume of production waste and emissions is greater than the weighted average, there is no need to attract additional economic instruments to reduce pollutants, but if this figure is less than the weighted average, the involvement of additional economic tools to reduce emissions and waste from processing industries in the region is simply necessary. In this regard, it is proposed to use appropriate financial and economic instruments of incentive and punitive nature

Keywords: in-depth processing; processing industries; economic instruments; natural resources; environmentally friendly production; innovative equipment (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:cuc:eforum:v:11:y:2021:i:1:p:75-82

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