Optimization Model of the Socio-Ecological-Economic Development of the Administrative Territory

  • Yuliia MATVIEIEVA Department of Management Balatsky Academic and Scientific Institute of Finance, Economics and Management Sumy State University, Ukraine
  • Iuliia MYROSHNYCHENKO Department of Management Balatsky Academic and Scientific Institute of Finance, Economics and Management Sumy State University, Ukraine
  • Larysa VALENKEVYCH Department of Management Balatsky Academic and Scientific Institute of Finance, Economics and Management Sumy State University, Ukraine


In this paper, we contribute to the literature focusing on the development of methodical approach to the conducting of a comprehensive diagnostics of the state and level of the balance of the socio-ecological-economic system of the administrative territory, which, unlike existing ones, implies the determining of partial and integral indices of the socio-ecological-economic development, by comparing the existing and reference values of development of social, ecological and economic fields of activity. The article suggests the express diagnostics of the level of the socio-ecological-economic balance of the system on the basis of the graphic method, which, as a result, allows the forming of the optimization model of the socio-ecological-economic development of the administrative territory. The distribution of financial resources is proposed to be implemented on the basis of the disproportions in the development of social, environmental and economic fields of activity and allocation of financial resources, first of all, to those fields that provide the maintenance of the trajectory of balanced socio-ecological-economic development of administrative-territorial units.


[1] Alibekova, Yu. T. Ecologically Oriented Management of Administrative Territorial Units’ Socio-Economic Development. PhD diss., Sumy State University, 2014.
[2] Barbier, E., and Markandya, A. A. 2012. New Blueprint for a Green Economy. Routledge. Taylor & Francis. London.
[3] Bondar, T., Matvieieva, Y., and Myroshnychenko, I. 2015. Assessment of the Social, Ecologic and Economic Development of Machine Building Enterprises. Economic Annals-XXI, 7-8 (1): 40–44. Available at: http://soskin.info/userfiles/file/2015/7-8_1/Bondar_Matvieieva_Myroshnychenko.pdf
[4] Grossman, G. and Krueger, A. 1995. Economic Growth and the Environment. Quarterly Journal of Economics, 110: 353–77.
[5] Gurman, V., Matveev, G., and Trushkova, E. 2013. The Socio-ecological-economic Model of a Region in Parallel Computing. Automation and Remote Control, 74 (4): 697–709. DOI:https://doi.org/10.1134/S0005117913040139
[6] Hartwick, J.M. 1977. Intergenerational Equity and the Investing of Rents from Exhaustible Resources. American Economic Review, 67 (5): 972–974.
[7] Kasyanenko, V.O. and Vasilyeva, Т. А. 2013. Intehral’ne otsinyuvannya innovatsiynoho potentsialu natsional’noyi ekonomiky Ukrayiny: naukovo-metodychnyy pidkhid i praktychni rozrakhunky [Integral assessment of innovation potential of the national economy of Ukraine: scientific methodological approach and practical calculations]. Aktual’ni problemy ekonomiky [Actual Problems of Economics], 6: 50-59.
[8] Kolmykova T.S., Telizhenko O.M., and Lukianykhin V.O. 2013. Problems of Modernization and Development Priorities for Industrial Complex. Problems and Perspectives in Management, 11(4): 27-33.
[9] Kuznets, S. 1955. Economic Growth and Income Inequality. American Economic Review, 45: 1–28.
[10] Millennium Ecosystem Assessment (MEA). 2005. Ecosystems and Human WellBeing: Synthesis. Island Press, Washington, DC.
[11] Pearce, D.W., Atkinson, G.D., and Dubourg W.R. 1994. The Economics of Sustainable Development. Annual Review of Energy and the Environment, 19: 457 – 474.
[12] Solow, R.M. 1974. Intergenerational Equity and Exhaustible Resources. Review of Economic Studies, Symposium on the Economics of Exhaustible Resources, 14: 29–45.
[13] Solow, R.M. 1986. On the Intergenerational Allocation of Natural Resources. Scandinavian Journal of Economics, 88 (1): 141–149.
[14] TEEB Foundations. 2010. The Economics of Ecosystems and Biodiversity: Ecological and Economic Foundations. Earthscan, London and Washington.
[15] TEEB Synthesis. 2010. Mainstreaming the Economics of Nature: A Synthesis of the Approach, Conclusions and Recommendations of TEEB. Earthscan, London and Washington.
[16] Turner R., Pearce D., and Bateman I. Environment and Ethics. In: Environmental Economics. The John Hopkins University Press, Baltimore, 1993.
[17] Vasilyeva, T., Lyeonov, S., Adamičková, I., and Bagmet, K. 2018. Institutional Quality of Social Sector: the Essence and Measurements. Economics and Sociology,11(2): 248-262. DOI:https://doi.org/10.14254/2071-789X.2018/11-2/
[18] Voronin O.O. 2007. Metodyka Vyznachennya Uzahal'nyuyuchoho Pokaznyka Ekonomichnoyi Efektyvnosti Vyrobnytstva [Methodology for Determining the General Indicator of Production Economic Efficiency]. Ekonomist, 4: 57–62.
[19] WBCSD. 2011. Guide to Corporate Ecosystem Valuation: A Framework for Improving Corporate Decision-Making. Geneva, Switzerland.
[20] WBCSD. 2012. Biodiversity and Ecosystem Services: Scaling up Business Solutions. Company Case Studies that Help Achieve Global Biodiversity Targets. Geneva, Switzerland.
[21] World Bank. 1993. World Development Report 1992: Development and the Environment. World Development Report; World Development Indicators. Washington, DC: World Bank Group. Retrieved from http://documents.worldbank.org/curated/en/995041468323374213/pdf/105170REPLACEMENT0WDR01992.pdf
How to Cite
MATVIEIEVA, Yuliia; MYROSHNYCHENKO, Iuliia; VALENKEVYCH, Larysa. Optimization Model of the Socio-Ecological-Economic Development of the Administrative Territory. Journal of Environmental Management and Tourism, [S.l.], v. 10, n. 8, p. 1874-1885, feb. 2020. ISSN 2068-7729. Available at: <https://journals.aserspublishing.eu/jemt/article/view/4405>. Date accessed: 27 may 2022. doi: https://doi.org/10.14505//jemt.10.8(40).17.