Preview

Vestnik of the Plekhanov Russian University of Economics

Advanced search

ASSESSING INVESTMENT APPEAL OF RUSSIAN REGIONS: METHODOLOGICAL ASPECT

https://doi.org/10.21686/2413-2829-2015-3-106-116

Abstract

The article tries to apply methods of building multifactor industrial functions for solving the problem of assessing the investment appeal of regions in the Russian Federation. As a concrete instrument the author proposes to calculate regressive equation which can allow us to show the form and level of contribution of private factors in the total volume of cash raised in the region. Misbalance of regional development is an acute problem for Russia and many other countries that chose the way of building civilized market economy. Raising foreign capital can become a solution to this problem, as a region excluded from the system of interrelations cannot find a point of growth in order to overcome its economic problems. In the issue of raising capital at the regional level this topic implies the integral assessment of the ability to raise funds. How can it be achieved? Which regional factors can affect it? Can it show the ability of the region to use the money? These methodological questions are discussed in the article, factor analysis, multifactor industrial function, assessing the level of investment appeal of the region.

About the Author

Konstantin V. Basyuk
Plekhanov Russian University of Economics Company Khabarovskiy Airport
Russian Federation

Expert of the Department for National and Regional Economy of the PRUE; Chairman of the Board of Directors of the company Khabarovskiy Airport

36 Stremyanny Lane, Moscow, 117997, Russian Federation

25 Gagarinskiy Lane, Moscow, 119034, Russian Federation



References

1. Anchishkin A. I. Prognozirovanie rosta sotsialisticheskoy ekonomiki [Forecasting the Growth of Socialist Economy]. Moscow, Economics, 1973. (In Russ.).

2. Butenko Ya. A. Razrabotka i realizatsiya effektivnoy trekhurovnevoy investitsionnoy politiki [Designing and Pursuing the Effective Three-Level Investment Policy], Vestnik Rossiyskogo ekonomicheskogo universiteta imeni G. V. Plekhanova [Vestnik of the Plekhanov Russian University of Economics], 2014, No. 7 (73), pp. 107–120. (In Russ.).

3. Kalinkash Yu. A. Grebnevaya regressiya kak bayesovskiy metod [Crest Regression as a Bias Method]. (In Russ.). Available at: http://www.clrc.rhul.ac.uk/people/yura/rr_rus.pdf

4. Kleyner G. B. Proizvodstvennye funktsii. Teoriya i metody primeneniya [Industrial Functions. Theory and Methods of Application]. Moscow, Finance and Statistics, 1986. (In Russ.).

5. Oreshin V. P. Planirovanie proizvodstvennoy infrastruktury: kompleksnyy podkhod [Planning Industrial Infrastructure: Complex Approach]. Moscow, Ekonomika, 2012. (In Russ.).

6. Aschaeur D. A. Public Investment and Productivity Growth in the Group of Seven. Available at: http://www.chicagofed.org/digital_assets/publications/economic_ perspectives/1989/ep_sep_oct1989_part3_aschauer.pdf

7. Button K. Infrastructure Investment, Endogenous Growth and Economic Convergence, Annals of Regional Science, 1998, Vol. 32, No. 1, pp. 145–162.

8. Straub S. Infrastructure and Development: A Critical Appraisal of the Macro-level Literature, Journal of Development Studies, 2011, Vol. 47, No. 5, pp. 683–708.


Review

For citations:


Basyuk K.V. ASSESSING INVESTMENT APPEAL OF RUSSIAN REGIONS: METHODOLOGICAL ASPECT. Vestnik of the Plekhanov Russian University of Economics. 2015;(3):106-116. (In Russ.) https://doi.org/10.21686/2413-2829-2015-3-106-116

Views: 370


Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 License.


ISSN 2413-2829 (Print)
ISSN 2587-9251 (Online)