Environmental financing: does digital economy matter?

Sustainable development and ecological restoration are a common goal pursued by countries around the world to mitigate the collision between economic growth and the environment. Digital economy has been rather instrumental in settling this type of conflict. The study is intended to identify the relationship between digital financing and environmental financing by assessing the specificities of their temporal and industry-specific dynamics, as well as to determine the side effects that the digital economy has in terms of current environmental investments and costs. The special attention is paid to the effect of the digital economy on both total environmental financing and its components, namely, environmental investment and current environmental protection costs. The authors come up with two indicators to evaluate the impact of the digital economy, these are digital financing (direct impact) and digital capital (indirect impact). To calculate these indicators, the authors’ own method is developed. The impact of the digital economy on environmental financing was tested using the least squares method with clustering of annual standard deviation and individual fixed effects. The research data were retrieved from the Federal State Statistics Service (Rosstat) of the Russian Federation for 2012–2022. Our findings show that digital financing exerts a significant positive effect on environmental financing, which indicates that two dynamic processes in the economy—digital transformation and introduction of advanced environmental digital technologies—are synchronized. The authors prove that digital investments stimulate a comparable increase in environmental investment due to the effects created by digital technologies penetrating into environmental protection technologies. We demonstrate that the level of digitalization of the population, companies and the state assessed through the digital capital index has a positive effect on environmental financing. The results of the study are of use in the sphere of public policy. Copyright © 2024 Akberdina, Lavrikova and Vlasov.The author(s) declare financial support was received for the research, authorship, and/or publication of this article. The research funding from the Ministry of Science and Higher Education of the Russian Federation Ural Federal University Program of Development within the Priority-2030 Program is gratefully acknowledged

REGIONAL PRIORITIES OF INDUSTRIAL POLICY IN SOCIAL-ORIENT BRANCHES

In article theoretical approaches to formation of industrial policy in branches on release of consumer goods are considered. From positions of a paradigm of "flying geese" necessity of creation of conditions on attraction of direct foreign investments and use of foreign experience as in industrial, and communication spheres for the enterprises of light industry of region proves. On an example of the strategic project "the Qualitative goods of light industry for the townspeople" are shown priorities of industrial policy in the largest industrial centre − Ekaterinburg in sphere of manufacture of consumer goods

Coordinating the priorities of scientific, technological and spatial development of industrial regions

The article develops the methodological approach to coordinating the priorities of scientific, technological and spatial development of regions. The relevance of the study is due to the significance of choosing the benchmarks for the transformation of regional economic systems. These systems are based on the principles of harmonisation of the social and economic interests of individuals, business entities, territories of different levels, and modern prospects for the development of science and technology. The study aims to substantiate the methodology for assessing and selecting priorities for coordinating scientific, technological and spatial development of the economies of industrialised regions. The methodology is based on a combination of the individual territories’ interests due to their joint participation in integrated investment projects of interregional significance. We applied general scientific methods of theoretical and empirical knowledge, including a causal method, a method of analysis and synthesis, a method of scientific abstraction. We substantiated the role of macro-regions in the process of integration of the local territories’ initiatives with the national development guidelines. Then, we identified the characteristics of integrated investment projects with significant potential, which can be the basis for determining the criteria for assessing and selecting projects and project initiatives proposed for implementation at the supra-regional level. Further, we offered an algorithm for developing an integrated investment project that determines the sequence of events. Such events allow realisation of opportunities of scientific and technological development available for industrialised regions, taking into account the priorities of their spatial transformations. We tested the algorithm using the industrial Ural-Siberian macro-region as an example, identifying key aspects of the “Ural Highway” pilot project. A specific feature of the developed approach is the proposal of a “bipolar” system for determining priorities. It allows integration of the national guidelines for scientific, technological and spatial development with the prospects for transformation defined by individual territories (industrialised regions). The proposed approach can be used to substantiate proposals and strategic measures aimed at implementing the priorities of spatial development and the development of science and technology in industrialised regions. © 2019 Institute of Economics, Ural Branch of the Russian Academy of Sciences. All rights reserved.The article has been prepared in accordance with the plan of Institute of Economics of the Ural Branch of RAS for 2019-2021. We would like to thank Averina Lidiya Mikhailovna, Research Assistant of the Institute of Economics of the Ural Branch of RAS for helping to develop methodological recommendations for creating an integrated investment project "Ural Highway"

Coordinating the priorities of scientific, technological and spatial development of industrial regions

The article develops the methodological approach to coordinating the priorities of scientific, technological and spatial development of regions. The relevance of the study is due to the significance of choosing the benchmarks for the transformation of regional economic systems. These systems are based on the principles of harmonisation of the social and economic interests of individuals, business entities, territories of different levels, and modern prospects for the development of science and technology. The study aims to substantiate the methodology for assessing and selecting priorities for coordinating scientific, technological and spatial development of the economies of industrialised regions. The methodology is based on a combination of the individual territories’ interests due to their joint participation in integrated investment projects of interregional significance. We applied general scientific methods of theoretical and empirical knowledge, including a causal method, a method of analysis and synthesis, a method of scientific abstraction. We substantiated the role of macro-regions in the process of integration of the local territories’ initiatives with the national development guidelines. Then, we identified the characteristics of integrated investment projects with significant potential, which can be the basis for determining the criteria for assessing and selecting projects and project initiatives proposed for implementation at the supra-regional level. Further, we offered an algorithm for developing an integrated investment project that determines the sequence of events. Such events allow realisation of opportunities of scientific and technological development available for industrialised regions, taking into account the priorities of their spatial transformations. We tested the algorithm using the industrial Ural-Siberian macro-region as an example, identifying key aspects of the “Ural Highway” pilot project. A specific feature of the developed approach is the proposal of a “bipolar” system for determining priorities. It allows integration of the national guidelines for scientific, technological and spatial development with the prospects for transformation defined by individual territories (industrialised regions). The proposed approach can be used to substantiate proposals and strategic measures aimed at implementing the priorities of spatial development and the development of science and technology in industrialised regions. © 2019 Institute of Economics, Ural Branch of the Russian Academy of Sciences. All rights reserved.Рассмотрен теоретико-методологический подход к согласованию приоритетов пространственного и научно-технологического развития регионов. Предложен алгоритм разработки комплексного инвестиционного проекта, определяющий последовательность мероприятий, которые позволяют реализовать имеющиеся у индустриально развитых регионов возможности научно-технологического развития с учетом приоритетов их пространственных преобразований. Даны методические рекомендации по созданию комплексного инвестиционного проекта "Уральская магистраль". Показана значимость формирования единой транспортно-логистической системы Уральско-Сибирского макрорегиона