The state's structural policy innovations influenced by the ecological transformations

Authors:
Luc Hens1, Oleksandra Karintseva2, Mykola Kharchenko2, Oleksandr Matsenko2
1. Vlaamse Instelling voor Technologish Onderzoek (Mol, Belgium); Universidad de la Costa Calle (Barranquilla, Colombia); Sumy State University (Sumy, Ukraine)
2. Sumy State University (Sumy, Ukraine)
Pages:
290 - 301
Language:
English
Cite as:
Hens, L., Karintseva, O., Kharchenko, M., & Matsenko, O. (2018). The States Structural Policy Innovations Influenced by the Ecological Transformations. Marketing and Management of Innovations, 3, 290-301. http://doi.org/10.21272/mmi.2018.3-26


Annotation

The extension and legislative consolidation of the sustainable development conception in different countries of the world, including in Ukraine, define the necessity to form a new system, which will enable to provide the economic stability, social welfare and ecological balance in a balanced manner. It requires the development of the comprehensive strategy for the restructuring of the national economy. The optimization strategies restructuring policy of the economy in Ukraine with account for the ecological constituent should be based on the setting of the three-dimensional problem regarding the game theory and on its complex solving through the iteration method. In order to reach a compromise, it is envisaged to search for the optimal restructuring policy for three subjects: state, population and economic entities, the behaviour strategy of which is formed on the basis of the quartile approach. The definition “value of game” – generalized effective indicator to assess the restructuring strategies efficiency (GDP, adjusted for the ecological factor), is proposed to be determined on the basis of the regressive analysis of its dependence on the integral indicators of subjects evaluation, calculated through bulk based on the average geometric mean of the normalized incoming indicators by the relative method. The suggested approach was approbated on the basis of time diapason 1999-2017, in view of maxi-maxi-max, mini-maxi-max, medium-maxi-max approaches. Calculations show that only maxi-maxi-max, mini-maxi-max, medium-maxi-max strategies enable to solve the above task in a compromise way since they simultaneously take into account the interests of the state, population and economic entities, providing the normal GDP, adjusted for the ecological factor. Directions for the introduction of the optimization strategies restructuring policy of the economy in Ukraine with account for the ecological constituent are proposed in the article.


Keywords
restructuring, strategies, optimization, national economy, ecological factor


Links
  1. Bortis, H. (2000) Some considerations on structure and change. Structural Change and Economic Dynamics, No. 1–2, pp. 185–195.
  2. Chenery, H., Strout, A.M. (1966) Foreign assistance and economic development. American Economic Review, Vol. 56(4), pp. 679-733
  3. Costanza, R., Folke, С. (1994) Ecological Economics and Sustainable Development. Paper prepared for the international Experts Meeting for the Operationalization of the Economics of Sustainability. Manila, Philippines. July 28–30.
  4. Forrester, J. (2003) World Dynamics. Мoscow: АST (in Rus)
  5. Herrendorf, B. (2013) Growth and Structural Transformation. NBER Working Paper, No. 18996, 114 p.
  6. Hirooka, M. (2006) Innovation Dynamysm and Economic Growth. A Nonlinear Perspective. Edward Elgar, Cheltenham, UK and Northampton, MA, USA.
  7. Karintseva, O. I. (2017) Economic restructuring in Ukraine in view of destructive effect of enterprises on environment. International Journal of Ecological Economics and Statistics, Issue 4, Vol. 38, pp. 1–11.
  8. Kaufmann, D., Kraay, A., Mastruzzi, M. (2010) The Worldwide Governance Indicators: Methodology and Analytical Issues. World Bank Policy Research Working Paper, No. 5430. URL : https://ssrn.com/abstract=1682130.
  9. Khvesyk, M.A. (Ed.). (2016) Ecological modernization in the system of natural-technogenic and ecological safety. Kyiv: PI IEESD of the NAS of Ukraine (in Ukr).
  10. Kulyasov, I. P. (2005) Environmental modernization: theoretical aspects. Sociology and Social Anthropology, №3, pp. 100-113 (in Rus).
  11. Kuznets, S. (2005) Modern Economic Growth: results of research and reflection. Мoscow: Sovremennaya ekonomika i pravo (in Rus).
  12. Maslak, O.I. (Ed.). (2016) Sustainable development: strategic vectors, innovation-oriented ensuring systems in the context of Ukraine's European integration policy. Kremenchuk : PP Shcherbatykh O. V. (in Ukr).
  13. Meadows, D.H.; Randers, J.; Meadows, D.L. (2006) Limits to growth.The 30-year update. London: Sterling, VA.
  14. Meadows, D.H.; Randers, J.; Meadows, D.L.; Behrens, W. (1972) The Limits to Growth: A Report for the Club of Rome's Project on the Predicament of Mankind. New York: Universe Books.
  15. Melnyk, L.G. (2015) Ecological and economic features of "spaceship Earth", or Horizons of the third Industrial Revolution and "Green" Economy. Marketing and management of innovations, №: 4, pp. 233-244 (in Ukr).
  16. Mensch, G. (1979) Stalemate in Technology – Innovations Overcame the Depression. NY : Ballinger Publishing Company.
  17. Mуkhailova, L.I. (2017) State regulation of the modernization of the national economy in the context of stimulating the innovation development of Ukraine. Visnyk KhNAU, № 4, pp.56-68 (in Ukr).
  18. North, D. (2000) Institutions, Institutional Change and Economic Performance. Kyiv: Osnovy. (in Ukr.)
  19. Schumpeter, J.A. [1911] (2008) The Theory of Economic Development: An Inquiry into Profits, Capital, Credit, Interest and the Business Cycle, translated from the German by Redvers Opie, New Brunswick (U.S.A) and London (U.K.): Transaction Publishers.
  20. Shkarupa, O.V., Karintseva, O.I., Shkarupa, I.S. (2016) Innovation Potential of Ecological Modernization for Green Growth of Economics: A Case Study. International Journal of Ecology & Development, Vol. 31, No. 1, pp. 73-82.
  21. Shkarupa, O.V., Kharchenko, M.O. (2017) Integrated Assessment of Environmental Costs of National Economy: A Case Study. International Journal of Ecological Economics & Statistics, No. 3, pp. 43-50.
  22. Streeck, Wolfgang/Philippe C. Schmitter (eds.). (1985) Private Interest Government: Beyond Market and State. London: Sage.
  23. Thakur, S. (2011) Fundamental Economic Structure and Structural Change in Regional Economies: A Methodological Approach. Région et Développement, No. 33, pp. 9–38.