Investment Priorities in the Industrial Sector of East Azerbaijan Province with a view to Sustainable Development: Application of Multi-Criteria Decision-Making Models

The first step of the development process is planning, which in turn requires the knowledge of facilities and capabilities of the environment and the sector. In other words, in national development planning, knowing the structure and condition of regions is one of the most important factors. Corresp...

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Main Authors: Sakineh Sojoodi, Arezoo Asadian, Mahdi Saeid
Format: Article
Language:fas
Published: Development and Foresight Research Center 2023-08-01
Series:پژوهش‌های برنامه و توسعه
Subjects:
Online Access:https://www.journaldfrc.ir/article_179527_e7b31e82fd036fd6ecf8419ecd4058e0.pdf
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author Sakineh Sojoodi
Arezoo Asadian
Mahdi Saeid
author_facet Sakineh Sojoodi
Arezoo Asadian
Mahdi Saeid
author_sort Sakineh Sojoodi
collection DOAJ
description The first step of the development process is planning, which in turn requires the knowledge of facilities and capabilities of the environment and the sector. In other words, in national development planning, knowing the structure and condition of regions is one of the most important factors. Correspondingly, allocating budget resources to priority areas will increase the efficiency of these expenses. The recognized relative advantages of the regions in terms of employment, added value, and exports, along with effective incentives for investors to enjoy high returns, result in the achievement of macroeconomic goals such as reduced unemployment and increased foreign exchange earnings; that in turn will reduce inflation with minimal resources. The purpose of this study is to prioritize the sub-sectors of the industry of East Azarbaijan Province to achieve the goals of sustainable development by using Vikor, Topsys, Electre, and SAV methods. Accordingly, added value, foreign exchange, employment, productivity, and intensity of consumption of fossil fuels are considered sustainable development criteria. The results show that the first five options of investment opportunities in the province are the repair of machines, production of other machines with special applications, manufacturing of radiation equipment, electromedicine, and electrotherapy. Production of mining and construction machinery and furniture production are considered as preferred industries of the province, and as a result, it is suggested to invest by giving special privileges such as granting facilities, tax exemptions, economic incentives, etc. be directed to these industries.
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spelling doaj.art-96c5efc46af94cd18ad30354bf9100aa2023-10-21T10:02:21ZfasDevelopment and Foresight Research Centerپژوهش‌های برنامه و توسعه2645-74662717-03652023-08-01425710110.22034/pbr.2023.379510.1303179527Investment Priorities in the Industrial Sector of East Azerbaijan Province with a view to Sustainable Development: Application of Multi-Criteria Decision-Making ModelsSakineh Sojoodi0Arezoo Asadian1Mahdi Saeid2Assistant Professor, Department of Economic Sciences, Faculty of Economics and Management, Tabriz University, Tabriz, Iran.Master's degree in economic sciences, Faculty of Economics and Management, Tabriz University, Tabriz, Iran.Master's degree in economic development and planning, Faculty of Economics and Management, Tabriz University, Tabriz, Iran.The first step of the development process is planning, which in turn requires the knowledge of facilities and capabilities of the environment and the sector. In other words, in national development planning, knowing the structure and condition of regions is one of the most important factors. Correspondingly, allocating budget resources to priority areas will increase the efficiency of these expenses. The recognized relative advantages of the regions in terms of employment, added value, and exports, along with effective incentives for investors to enjoy high returns, result in the achievement of macroeconomic goals such as reduced unemployment and increased foreign exchange earnings; that in turn will reduce inflation with minimal resources. The purpose of this study is to prioritize the sub-sectors of the industry of East Azarbaijan Province to achieve the goals of sustainable development by using Vikor, Topsys, Electre, and SAV methods. Accordingly, added value, foreign exchange, employment, productivity, and intensity of consumption of fossil fuels are considered sustainable development criteria. The results show that the first five options of investment opportunities in the province are the repair of machines, production of other machines with special applications, manufacturing of radiation equipment, electromedicine, and electrotherapy. Production of mining and construction machinery and furniture production are considered as preferred industries of the province, and as a result, it is suggested to invest by giving special privileges such as granting facilities, tax exemptions, economic incentives, etc. be directed to these industries.https://www.journaldfrc.ir/article_179527_e7b31e82fd036fd6ecf8419ecd4058e0.pdfsustainable developmentinvestment priorityindustrymulti-criteria decision-makingfour digit isic code
spellingShingle Sakineh Sojoodi
Arezoo Asadian
Mahdi Saeid
Investment Priorities in the Industrial Sector of East Azerbaijan Province with a view to Sustainable Development: Application of Multi-Criteria Decision-Making Models
پژوهش‌های برنامه و توسعه
sustainable development
investment priority
industry
multi-criteria decision-making
four digit isic code
title Investment Priorities in the Industrial Sector of East Azerbaijan Province with a view to Sustainable Development: Application of Multi-Criteria Decision-Making Models
title_full Investment Priorities in the Industrial Sector of East Azerbaijan Province with a view to Sustainable Development: Application of Multi-Criteria Decision-Making Models
title_fullStr Investment Priorities in the Industrial Sector of East Azerbaijan Province with a view to Sustainable Development: Application of Multi-Criteria Decision-Making Models
title_full_unstemmed Investment Priorities in the Industrial Sector of East Azerbaijan Province with a view to Sustainable Development: Application of Multi-Criteria Decision-Making Models
title_short Investment Priorities in the Industrial Sector of East Azerbaijan Province with a view to Sustainable Development: Application of Multi-Criteria Decision-Making Models
title_sort investment priorities in the industrial sector of east azerbaijan province with a view to sustainable development application of multi criteria decision making models
topic sustainable development
investment priority
industry
multi-criteria decision-making
four digit isic code
url https://www.journaldfrc.ir/article_179527_e7b31e82fd036fd6ecf8419ecd4058e0.pdf
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AT mahdisaeid investmentprioritiesintheindustrialsectorofeastazerbaijanprovincewithaviewtosustainabledevelopmentapplicationofmulticriteriadecisionmakingmodels