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Regional Economics: Theory and Practice
 

Assessment of conformity of a region's economic growth model to the sustainable development principles through the method of non-parametric optimization

Vol. 16, Iss. 9, SEPTEMBER 2018

PDF  Article PDF Version

Received: 4 July 2018

Received in revised form: 30 July 2018

Accepted: 6 August 2018

Available online: 14 September 2018

Subject Heading: ECONOMIC-MATHEMATICAL MODELING

JEL Classification: O44, Q01

Pages: 1749–1765

https://doi.org/10.24891/re.16.9.1749

Ratner S.V. V.A. Trapeznikov Institute of Control Sciences of Russian Academy of Sciences, Moscow, Russian Federation
lanaratner@ipu.ru

ORCID id: not available

Iosifov V.V. Kuban State Technological University, Krasnodar, Russian Federation
iosifov_v@mail.ru

ORCID id: not available

Subject This article discusses the issues of measuring the degree of sustainability of economic systems development.
Objectives The article aims to develop a method of assessing the conformity of a region's economic growth model to the basic principles of sustainable development based on mathematical models of non-parametric optimization.
Methods For the study, we used a DEA technique taking into account the environmental aspect of the problem.
Results The calculation based on the statistics for 2014 identifies the regions with the optimal model of development and optimum impact on the environment, regions with economic growth potential, and the regions inefficiently using natural resources and approaching a large-scale environmental crisis.
Conclusions and Relevance The solution of the problem of environmental data envelopment analysis enables to rank regions according to the degree of ecological and economic efficiency, determine how the region's economic development model corresponds to the basic principles of sustainable development concept, and it promotes the use of the best available technologies. The proposed approach to the assessment of models of economic growth of regions can be used in the regional ecological management and at the industry branch level, when decision-making about spatial placing of production capacities.

Keywords: eco-economic efficiency, strategy, economic development, model, Data Envelopment Analysis

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