Ecological and economic models in the mineral and resource sector of Russia:  Formation of investment policy based on public-private partnership

Occupation: Chief Researcher, Head of laboratory of ecological and economic research
Affiliation: Institute of Natural Resources, Ecology and Cryology SB RAS
Address: Чита, Petrovsko-Zavodskaya street, 48 apt.81

Sergey Lavlinskii

Affiliation: Sobolev Institute of Mathematics, Siberian Branch of RAS, Novosibirsk
Address: Novosibirsk, Russia

Lydia Yakovleva

Affiliation: Transbaikal State University
Address: Chita, Russia

Journal name

Ekonomika i matematicheskie metody

Edition

Volume 58 Issue 3

Pages

57-69

Abstract

The article proposes a mathematical model for the elaboration of a program for the development of the mineral resource industries. It explicitly formalizes the mechanism of public-private partnership and takes into account the negative impact of mining technologies on the environment. The model is based on the Stackelberg game and the tools of bi-level mathematical programming. This makes it possible to take into account the peculiarities of the hierarchy of interaction between the government bodies and the private investor in the mineral resource sector and to build a practical methodology for the formation of a "green" program for the natural resources’ use. The model database is built on the basis of special predictive models that describe in detail the processes of implementing various types of projects. The proposed approach has been tested on real data describing a fragment of the mineral resource base of the Trans-Baikal Territory. The goal of the numerical experiment is to assess the correlation of the investment policy effectiveness formed in the model on the quality of the investment climate, the scale of costs for environmental protection measures and the cost assessment of the environmental damage generated by the applied mining technologies. The simulation results allow us to formulate a number of conclusions for the development of strategic plans for the construction of industrial infrastructure, attracting a private investor who is ready to work in line with the ideas of “green” economy.

Keywords

resource region, sustainable development, state-investor partnership mechanisms, natural resource rent section, Stackelberg model, bilevel mathematical programming problem.

Acknowledgment

The study was carried out within the framework of the state contract of the Sobolev Institute of Mathematics (project № FWNF-2022-0019). This work was financially supported by the Russian Foundation for Basic Research (project № 20-010-00151).

Received

12.02.2022

Publication date

22.09.2022

Number of characters

30143

Cite

GOST
MLA	Глазырина, Ирина, Lavlinskii, Sergey, Yakovleva, Lydia "Ecological and economic models in the mineral and resource sector of Russia: Formation of investment policy based on public-private partnership." Ekonomika i matematicheskie metody 58.3 (2022):57-69. DOI: 10.31857/S042473880020029-0
APA	Глазырина И., Lavlinskii S., Yakovleva L. (2022). Ecological and economic models in the mineral and resource sector of Russia: Formation of investment policy based on public-private partnership. Ekonomika i matematicheskie metody 58(3), pp.57-69 DOI: 10.31857/S042473880020029-0

100 rub.

When subscribing to an article or issue, the user can download PDF, evaluate the publication or contact the author. Need to register.

Number of purchasers: 0, views: 233

Readers community rating: votes 0

1. Blazek M. (2004). Analytical tools for environmental design and management. Ecological Economics, 49, 4, 446–462.
2. Broadbent J., Laughlin R. (2003). Public private partnerships: An introduction. Accounting, Au-diting and Accountability Journal, 16, 3, 332–341.
3. Glazyrina I., Chavkin A. (2021). New estimates of eco-intensity considering the hazardous indus-trial pollution accumulation, In: E3S Web of Conferences, 258, 08003. DOI: 10.1051/e3sconf/202125808003
4. Glazyrina I., Lavlinskii S. (2017). Economic and ecological models in Russia’s mining sector. Regional Research of Russia, 7, 2, 180–187.
5. Glazyrina I.P., Lavlinskii S.M. (2018). Transaction costs and problems in the development of the mineral and raw-material base of the resource region. Journal of the New Economic Asso-ciation, 2 (38), 121–143 (in Russian).
6. Grimsey D., Levis M. (2004). Public private partnerships: The worldwide revolution in infrastructure provision and project finance. Cheltenham, UK, Northampton, MA: Edward Elgar.
7. Hodge G., Greve C. (2007). Public-private partnerships: An international performance review. Public Administration Review, 6, 37–49.
8. Korhonen J., Snakin J. (2005). Analyzing the evolution of industrial ecosystems: Concepts аnd application. Ecological Economics, 52, 2, 112–119.
9. Lakshmanan T.R. (2011). The broader economic consequences of transport infrastructure invest-ments. Journal of Transport Geography, 19, 1, 1−12.
10. Lall S.V. (1999). The role of public infrastructure investments in regional development: Experience of Indian states. Economic and Political Weekly, 34, 12, 717–725.
11. Lavlinskii S., Panin A., Pliasunov A. (2016). Comparison of models of planning the public-private partnership. Journal of Applied and Industrial Mathematics, 10 (3), 1–17.
12. Lavlinskii S.M. (2010). Public-private partnership in a natural resource region: Ecological prob-lems, models, and prospects. Studies on Russian Economic Development, 21, 1, 71–79.
13. Lavlinskii S.M. Models of indicative planning of socio-economic development of a resource re-gion. Novosibirsk: Publishing House of the Siberian Branch of the Russian Academy of Sciences (in Russian).
14. Lehtonen M. (2004). The environmental-social interface of sustainable development: Capabilities, social capital, institutions. Ecological Economics, 49, 2, 156–177.
15. Mackie P., Worsley T., Eliasson J. (2014). Transport appraisal revisited. Research in Transporta-tion Economics, 47, 3–18.
16. Minakir P.A. (2019). Far Eastern institutional innovations: Imitation of a new stage. Spatial Eco-nomics, 15, 1, 7–17 (in Russian).
17. Minakir P.A., Naiden S.N. (2020). Social dynamics in the Far East: Defective ideas or failure of institutions? Region: Economics and Sociology, 3 (107), 30–61 (in Russian).
18. Natkhov T.V., Polishchuk L.I. (2017). The political economy of institutions: The importance of being inclusive. Reflections on the book by D. Acemoglu, J. Robinson “Why Nations Fail”. Part 1: Institutions and economic development. Institutional Choice. Journal of the New Economic Association, 2, 12–38 (in Russian).
19. Reznichenko N.V. (2010). Models of public-private partnership. Bulletin of St. Petersburg University. Ser. 8, Management, 4, 58–83 (in Russian).
20. Ryumina E.V. (2001). Ecological version of the destination of natural rent. Economics of Contem-porary Russia, 2, 11–22 (in Russian).
21. Ryumina E.V. (2009). Economic analysis of damage from environmental offenses. Moscow: Nauka (in Russian).
22. Slastnikov A.D. (2010). Optimization of state participation in project co-financing in the conditions of public-private partnership. Economics and Mathematical Methods, 46, 4, 69–81 (in Russian).
23. Varnavskiy V.G. (2009). Public private partnership. In 2 v. Vol.1. Moscow: IMEMO RAN (in Russian).