20.500.12556/DKUM-94318 Government effectiveness in the petroleum sector two-step analysis combining linear regression and artificial neural networks Učinkovitost vlade v naftnem sektorju dvostopenjska analiza, ki združuje linearno regresijo in umetne nevronske mreže Background and Purpose: To encourage petroleum industry development, a country needs to set up a regulatory framework that standardizes investment conditions. The objective of the research was to investigate the determinants of government effectiveness in the petroleum sector. Design/Methodology/Approach: Multiple regression analysis was conducted to investigate if government effectiveness in the petroleum sector is influenced by the country’s political stability, regulatory quality, the intensity of petroleum exploration and production activities, government take, and type of contract used. Artificial neural network analysis was additionally conducted to identify the importance of independent variables. Results: Political stability, regulatory quality, government take attractiveness, and the intensity of petroleum activities positively influence government effectiveness. A more attractive government take enhances effectiveness, while the type of contract for awarding petroleum rights did not significantly impact effectiveness. Artificial neural network analysis revealed that the most important variables were regulatory quality and political stability. Conclusion: The research concluded that political stability, regulatory quality, and the intensity of petroleum activities are key factors in enhancing government effectiveness in the petroleum sector. These findings have practical implications, as they emphasize the importance of stable and well-regulated environments for achieving higher government effectiveness in the petroleum industry. This equips policymakers and industry professionals with actionable insights for improving the sector’s performance. Ozadje in namen: Za spodbujanje razvoja naftne industrije mora država vzpostaviti regulativni okvir, ki standardizira naložbene pogoje. Cilj raziskave je bil raziskati dejavnike učinkovitosti vlade v naftnem sektorju. Zasnova/metodologija/pristop: Izvedena je bila večkratna regresijska analiza, da bi raziskali, ali na učinkovitost vlade v naftnem sektorju vplivajo politična stabilnost države, regulativna kakovost, intenzivnost dejavnosti raziskovanja in proizvodnje nafte, vladni prevzem in vrsta uporabljene pogodbe. Dodatno smo izvedli analizo umetne nevronske mreže, da bi ugotovili pomembnost neodvisnih spremenljivk. Rezultati: Politična stabilnost, regulativna kakovost, privlačnost vlade in intenzivnost naftnih dejavnosti pozitivno vplivajo na učinkovitost vlade. Privlačnejši državni prevzem poveča učinkovitost, medtem ko vrsta pogodbe o dodelitvi pravic do nafte ni bistveno vplivala na učinkovitost. Analiza umetne nevronske mreže je pokazala, da sta bili najpomembnejši spremenljivki regulativna kakovost in politična stabilnost. Zaključek: Raziskava je pokazala, da so politična stabilnost, zakonodajna kakovost in intenzivnost naftnih dejavnosti ključni dejavniki za izboljšanje učinkovitosti vlade v naftnem sektorju. Te ugotovitve imajo praktične posledice, saj poudarjajo pomen stabilnega in dobro reguliranega okolja za doseganje večje učinkovitosti vlade v naftni industriji. To oblikovalce politik in strokovnjake v panogi opremi z uporabnimi vpogledi za izboljšanje uspešnosti sektorja. energy policy petroleum sector government effectiveness industry development vladna politika energetska politika nafta naftna industrija razvoj industrije true true true Angleški jezik Slovenski jezik Neznano 2025-08-13 13:12:46 2025-08-13 13:12:46 2025-08-14 03:30:09 0000-00-00 00:00:00 2024 0 0 str. 363-378 issue 4 Vol. 57 2024 0000-00-00 NiDoloceno NiDoloceno NiDoloceno 0000-00-00 0000-00-00 2024-01-01 620.9:665.6 222923523 10.2478/orga-2024-0026 1318-5454 https://organizacija.fov.um.si/index.php/organizacija/article/view/1029/1816 1 71ceccee-7836-11f0-a457-00155d000105 https://dk.um.si/Dokument.php?lang=slv&id=195223 RAZ_Doric_Barbara_2024.pdf RAZ_Doric_Barbara_2024.pdf 1 1D31FA9AD200972DBAA491A23414C8A9 7d893b1e4e19a75e5c2b0062205a1f8da7655f0b17f15af6664a8deb49bd1c59 eb448503-7836-11f0-a457-00155d000105 https://dk.um.si/Dokument.php?lang=slv&id=195224 Fakulteta za organizacijske vede Organizacija 0 0 0