2018
DOI: 10.1134/s1075700718030036
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Modeling the Interdependence of the Economy and Power Industry Based on Multiplicative Two-Factor Functions

Abstract: ⎯The paper has studied the change in the electric intensity of the Russian economy over the past 25 years. Equations have been constructed that correlate the electricity consumption with GDP (GVA for key economic sectors) and investment volume. The influence of structural changes and power consumption in particular sectors, as well as the modernization of the key economic sectors on the dynamics of the Russian economy electric intensity, has been identified.

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Cited by 6 publications
(5 citation statements)
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“…At the present time, Russia needs creating more sources for renewable energy as Druzhinin P.V. [25] et al shows the dependence between the development of economy and the economy based on power industry . Vast rural territories possess a variety of options for it.…”
Section: Discussionmentioning
confidence: 99%
“…At the present time, Russia needs creating more sources for renewable energy as Druzhinin P.V. [25] et al shows the dependence between the development of economy and the economy based on power industry . Vast rural territories possess a variety of options for it.…”
Section: Discussionmentioning
confidence: 99%
“…Russia has great potential to increase its energy efficiency in all economic sectors. This will make it possible to reach a new level of development, overcome the dependence of the economy on energy prices, improve the socioeconomic situation in the country and raise the welfare of the population (Druzhinin, 2018;Kotzamanis, 2001;Mbatia, 2011).…”
Section: Discussionmentioning
confidence: 99%
“…This territory is characterized by a low level of energy infrastructure development, high wear and tear of electrical networks, and a high dependence on energy and energy supplies from outside its territory. These factors negatively affect development of territories and threaten energy and economic security of certain regions and the state in general [5].…”
Section: Methodsmentioning
confidence: 99%