ASSESSMENT OF MINERAL RESOURCE VALUE AS AN ASPECT OF THE PARAMETRIC DIMENSION OF PUBLIC MANAGEMENT FOR INDUSTRIAL DEVELOPMENT IN UKRAINE
Authors:   Kyiv National Economic University named after Vadim Hetman, Kyiv, Ukraine, DANYLYSHYN Bohdan , BODYUK Adam ,   Research institution "Resource", Kyiv, Ukraine, HROMOZDOVA Larysa ,   Kyiv National Economic University named after Vadim Hetman, Kyiv, Ukraine, MAKHORTOV Yurii ,   Luhansk Taras Shevchenko National University, Poltava, Ukraine, LEONTOVYCH Serhii ,   Center for Military and Strategic Research of the National Defense University of Ukraine, Kyiv, Ukraine, DERBENOVA Yana ,   Taras Shevchenko National University of Kyiv, Kyiv, Ukraine, RVACH Andrii ,   Kyiv National Economic University named after Vadim Hetman, Kyiv, Ukraine
Published: August 2024

This article presents proposals and methodological developments by the authors-scientists for the practical implementation of the parametric dimension of economic recovery following military operations, as proposed by the Cabinet of Ukraine and the National Council. The aim of the research is to improve the existing method of estimating the value of mineral resources through a system of public management using parametric pricing based on commodity science and marketing principles. The authors emphasize the importance of theoretical research in the field of subsoil use, particularly in assessing the cost of mineral resources throughout the technological cycle. It has been proven that the research of the characteristics of minerals should be carried out in a complex: geological, price-forming and commodity-market research. Only then these studies will not have an abstract value, but practical economic significance, including the calculation of marketing, economic and financial indicators of deposits that will be exploited, their future economic efficiency. Furthermore, the article highlights the need to enhance the theory of public management in the context of Ukraine's industrial reconstruction, primarily in terms of parametric pricing methods on the theoretical basis of commodity science and marketing. The article outlines the necessity of improving public management theory by employing the parametric dimension for Ukraine's industrial reconstruction. It emphasizes the importance of parametric pricing methods and proposes a new management paradigm for subsurface use, which integrates scientific research and geological exploration activities on smart-basis. This process is called "smart neoindustrialization" by the authors. The article provides detailed explanations of the geological product, consumer properties, consumer value, and value, all considered within the context of commodity production in the extractive industry. It clarifies several commodification definitions from the theory of mineral resources research, using natural gas and uranium as examples. The movement of minerals through all phases of social production is examined by experts in economic geology, commodity science, marketing, and public administration. It is argued that minerals can be seen as future goods, undergoing transformation from their natural state to the finished product. The article highlights the importance of public administration, smart-neo industrialization, mineral resources, economic geology, geological products, parametric pricing methods, costs, and commodity science in the effective management and evaluation of mineral resources. The scientific novelty of the article lies in the proposed mathematical formalized description of the price calculation for a parametric series of geological entities that differ in their ability to satisfy consumer needs due to the fact that they are not identical in physical and chemical composition.