Methodological Approaches to the Cost-Benefit Analysis of Basic Branches of the Region’s Economy

DOI

10.2991/iscfec-18.2019.195How to use a DOI?

Keywords

regional economy, branch, type of economic activity, specialization, efficiency, methods of evalu-ation, rating.

Abstract

The authors consider issues of cost-effectiveness analysis of the region’s economy in the article. The purpose of this research is to develop methodological approaches to cost-effectiveness analysis of basic industry of the region’s economy. The authors propose a methodology for an inter-grated cost-benefit analysis of basic industry of the region’s economy based on the analysis of foreign & domestic research. The system of key figures characterizing the research’s object is defined. As an approbation of the proposed evaluation methodology, the Republic of Sakha (Yakutia) has calculated the integral indices of the efficiency of the municipal economy’s economic sectors and the efficiency of main enterprises-leaders and a composite integrated index of efficiency. The current state and dynamics of development for the period from 2005 to 2016 are analyzed. A comparative assessment of the efficiency of economic sectors in the context of municipal district, economic area and in the whole Republic was carried out. Also, to evaluate the efficiency of the economy sectors, the following performance indicators have been calculated: labor productivity and return on assets in the dynamics for the period from 2005 to 2015. The results of the research show that the methodology proposed by the authors can adequately solve the problem of assessing the efficiency of the industries of the economy of municipal districts.

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Download article (PDF)

TY  - CONF
AU  - G.S. Kovrov
AU  - P.V. Gulyaev
AU  - N.N. Konstantinov
PY  - 2019/01
DA  - 2019/01
TI  - Methodological Approaches to the Cost-Benefit Analysis of Basic Branches of the Region’s Economy
BT  - Proceedings of the International Scientific Conference "Far East Con" (ISCFEC 2018)
PB  - Atlantis Press
SP  - 860
EP  - 863
SN  - 2352-5428
UR  - https://doi.org/10.2991/iscfec-18.2019.195
DO  - 10.2991/iscfec-18.2019.195
ID  - Kovrov2019/01
ER  -