ECONOMIC SECURITY OF UKRAINE: ENERGY ASPECTS

Array

Authors

Keywords:

economic security, energy security, alternative energy sources, forecasting.

Abstract

Protection the surrounding the environment may be beneficial from an economic point of view. Economic effects from implementation alternative and renewable sources energy not always you can determine by direct calculation. The cost of each product and service includes the cost of energy. Accordingly, the energy policy of the state directly affects the socio-economic state of Ukraine. This confirms the relevance of the research topic.

State security can be achieved by having an effective mechanism for managing and coordinating the activities of the economy, political forces and social groups, as well as effective institutions for its protection. The energy complex is one of the main sectors of the national economy and provides all other sectors with energy. Accordingly, the security of the state is quite closely connected with the state of the energy industry.

It can be noted that Ukraine has already made the first steps towards the introduction of alternative energy sources, but there are still some obstacles on this path. Unfortunately, the local authorities are not interested in reducing utility tariffs, the environmental component is not a priority for the region's development. At the state level, there are no active measures to stimulate the introduction of alternative energy sources.

The National Institute for Strategic Studies conducted a study on the state of economic security of Ukraine over the past 14 years and a forecast for 2020. According to these calculations, the integral coefficient of Ukraine's economic security is constantly at the threshold level, periodically decreasing and rising. Considering the estimated data obtained, we can conclude that the economic security of Ukraine require additional measures for strengthening the integral factor of economic securityand Ukraine have not even reached the optimum values almost does not exceed the lower threshold.

That is why, and the second was a detailed analysis of the main components of the concept "Economic security of the state". The study tracks the relationship of indicators characterizing the economic security of the state, gives a detailed description of the main components of economic security of the state, analyzes the dynamics of the development of renewable energy sources in the world. As a result of the study of the interconnection of the implementation of alternative energy sources and energy security of Ukraine, the feasibility of their implementation has been proved. Regression models have been obtained to predict the relationship between economic security and financial, energy components. On the basis of the conducted research, it becomes clear that the link between Ukraine's economic security and the implementation of alternative energy sources is rather tight. Generally, models are generally statistically significant, but the presence of low multicollinearity, respectively, will be further corrected, expanded by factors and checked again according to the Fisher and Darwin-Watts criteria. As a result of their application, the author received a forecast of the level of economic security in Ukraine, proving: with the constant increase of the integral coefficients of energy and financial security, the integral coefficient of economic security of Ukraine will be above the threshold. 

Author Biography

O. Kolmakova, Kharkiv national university of civil engineering and architecture

Ph.D., Associate Professor

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Published

2019-05-31

How to Cite

Kolmakova, O. (2019). ECONOMIC SECURITY OF UKRAINE: ENERGY ASPECTS: Array. Municipal Economy of Cities, 4(150), 45–55. Retrieved from https://khg.kname.edu.ua/index.php/khg/article/view/5462