ENERGY SAVING AND INTENSIFICATION OF PRODUCTION

Authors

  • Demur Chomakhidze Doctor of Economic Sciences, Professor, Georgian Technical University, Academician, Georgian Academy of Economic Sciences, Georgia Author

DOI:

https://doi.org/10.35945/gb.2018.06.027

Keywords:

GDP, ENERGY RESOURCES, ENERGY EFFICIENCY, ENERGY SAVING, LABOR PRODUCTIVITY

Abstract

The report analyzes the role and importance of energy conservation for Georgia. Based on concrete materials, the effectiveness of social labor and energy savings on gross do- mestic product (GDP) is comparable to each other. It is said that the reduction of GDP energy efficiency by 1% is almost the same, and in more than a few years, the result of GDP increase is more than the same as the productivity of public labor. In this regard, the report describes the level and dynam- ics of major macroeconomic indicators of the economic devel- opment of Georgia for 2013-2016. Set up events to improve the situation.

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Published

13.07.2023

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How to Cite

ENERGY SAVING AND INTENSIFICATION OF PRODUCTION. (2023). Globalization and Business, 3(6), 184-187. https://doi.org/10.35945/gb.2018.06.027

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