TITLE:
The Role and Importance of the Energy Saving in Georgia
AUTHORS:
Demuri Chomakhidze, Omari Zivzivadze, Petre Kachkachishvili, Akaki Kiladze
KEYWORDS:
GPD, Energy Resources, Energy Volume, Energy Saving, Labor Productivity
JOURNAL NAME:
Theoretical Economics Letters,
Vol.8 No.10,
June
20,
2018
ABSTRACT: The role and importance
of the energy saving in the conditions of Georgia are
analyzed in this article. Based on the specific materials, the impact of the
public labor fruitfulness and energy saving is compared to the volume of the
whole inside product (WIP). It is said, that the reduction of the energy volume
of WIP on 1% is giving approximately the same and in separate years even more
effect in the augment of the volume of the WIP, compared to the rising the
public labor productivity in the same way. In reference to this, the level of
the main macroeconomic indicators of the development of the Georgian economy
and the dynamics for 2013-2016 is studied in this article.