Business efficiency and modernization of regional environmental policy: theoretical and methodological aspects

The article substantiates the issue of choosing optimal solutions for production through the prism of the need to improve regional environmental policy on the basis of sustainable development and the European integration course of Ukraine. It is proven that business efficiency is determined by making the right decisions about what to produce (what goods), where to produce (in which places), how to produce (with the help of which technologies), how much to produce (in what volume), for whom to produce (for which sales markets). It is emphasized that the modernization of the regional environmental policy is intended to influence the adoption of correct decisions according to the specified parameters. It is assumed that the result of the adaptation of the regional environmental policy to modern environmental and socio-economic challenges will be effectiveness, since decisions about "what, where, how, how much and for whom to produce" affect the level of environmental security of the region. The final stage of forming an answer to these key questions regarding production is the justification of the choice of the best, that is, the option of systemically optimal locations with systemically optimal production technologies and relocation from options of potential systemically optimal locations. In the situation with production technologies and when justifying the choice of the optimal technology, the movement will depend on the peculiarities of the regional environmental policy, the modernization of which should take place in the direction of increasing environmental safety. However, since, unlike production, movement is not tied to one place, when justifying the choice of the optimal movement of technologies, it will be necessary to take into account the specifics of environmental policy in all regions, which will be used to move goods from the place of production to sales markets. The spatial-systemic approach formed by the authors to justifying the choice of what to produce (what goods), where to produce (in which places), how to produce (with the help of which technologies in each place), how much to produce (in what volume in each place), for whom to produce (to which sales markets in each location) involves the joint, complex, interdependent and mutually coordinated optimization of all these 5 parameters within a single task. All these justifications should take into account the requirements of the regional environmental policy, as well as the prospective directions of its modernization on the basis of sustainable development.

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Publication Details

Journal
Regional Economy
Published
2025-01-01
DOI
https://doi.org/10.36818/1562-0905-2025-1-2
Primary Topic
Economic and Technological Developments in Russia
Type
article
Field-Weighted Citation Impact
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article

Business efficiency and modernization of regional environmental policy: theoretical and methodological aspects

Jerzy Stadnicki, Yuliya I. Bashynska, Yuliya Yu. Stadnytska
Regional Economy
Economic and Technological Developments in Russia
article

Business efficiency and modernization of regional environmental policy: theoretical and methodological aspects

Jerzy Stadnicki, Yuliya I. Bashynska, Yuliya Yu. Stadnytska
article en

Abstract

The article substantiates the issue of choosing optimal solutions for production through the prism of the need to improve regional environmental policy on the basis of sustainable development and the European integration course of Ukraine. It is proven that business efficiency is determined by making the right decisions about what to produce (what goods), where to produce (in which places), how to produce (with the help of which technologies), how much to produce (in what volume), for whom to produce (for which sales markets). It is emphasized that the modernization of the regional environmental policy is intended to influence the adoption of correct decisions according to the specified parameters. It is assumed that the result of the adaptation of the regional environmental policy to modern environmental and socio-economic challenges will be effectiveness, since decisions about "what, where, how, how much and for whom to produce" affect the level of environmental security of the region. The final stage of forming an answer to these key questions regarding production is the justification of the choice of the best, that is, the option of systemically optimal locations with systemically optimal production technologies and relocation from options of potential systemically optimal locations. In the situation with production technologies and when justifying the choice of the optimal technology, the movement will depend on the peculiarities of the regional environmental policy, the modernization of which should take place in the direction of increasing environmental safety. However, since, unlike production, movement is not tied to one place, when justifying the choice of the optimal movement of technologies, it will be necessary to take into account the specifics of environmental policy in all regions, which will be used to move goods from the place of production to sales markets. The spatial-systemic approach formed by the authors to justifying the choice of what to produce (what goods), where to produce (in which places), how to produce (with the help of which technologies in each place), how much to produce (in what volume in each place), for whom to produce (to which sales markets in each location) involves the joint, complex, interdependent and mutually coordinated optimization of all these 5 parameters within a single task. All these justifications should take into account the requirements of the regional environmental policy, as well as the prospective directions of its modernization on the basis of sustainable development.

Regional Economy(1(115))
Dolishniy Institute of Regional Research of NAS of Ukraine (UA), Lviv Polytechnic National University (UA)
Openalex Percentile: Top 60%
Economic and Technological Developments in Russia
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