Kazan (Volga region) Federal University, KFU
KAZAN
FEDERAL UNIVERSITY
 
AN INVESTIGATION INTO THE NOTION OF “EFFICIENCY”
Form of presentationInternational monographs
Year of publication2018
Языканглийский
  • Puryaev Aydar Sultangalievich, author
  • Bibliographic description in the original language Puryaev A. (2018) An Investigation into the Notion of “Efficiency”. In: Tsounis N., Vlachvei A. (eds) Advances in Panel Data Analysis in Applied Economic Research. ICOAE 2017. Springer Proceedings in Business and Economics. Springer, Cham. DOI: 10.1007/978-3-319-70055-7_13 (Chapter 13)
    Annotation In this work we make the research concerning the subject of defining the essence of the concepts “efficiency” and “efficiency of investment project.” We present and summarize the achieved result on the problem of evaluating the efficiency of investment projects before the carrying special survey. The research technique is the analysis of existing definitions, techniques, criteria, and parameters of the effectiveness evaluation (literary review). We analyzed a number of the most quoted sources from the Scopus database, and articles have been recently published and indexed in Scopus. Based on the analysis, we reveal the essence of the concept “efficiency,” being defined in the articles. As a result, the signs and definition of the “efficiency” concept are refined. Also the work helps to observe the tendency in the process of evaluating of investment projects efficiency which is realized in solving of an optimization problem simultaneously taking into consideration noneconomic and economic parameters. It is established that the criterion “energy efficiency,” as a special case of an economic criterion, is more relevant and used in the evaluation of investment projects.
    Keywords Efficiency, Efficiency of investment project, Assessment efficiency, Energy efficiency
    URL https://link.springer.com/chapter/10.1007/978-3-319-70055-7_13
    Please use this ID to quote from or refer to the card https://repository.kpfu.ru/eng/?p_id=206412&p_lang=2

    Full metadata record