ACTUAL PROBLEMS IN ASSESSMENT OF THE REGIONS' INVESTMENT POTENTIAL

  • A.S. Rezepin
    • Cherepovets State University
  • M.A. Mikhailov
    • Cherepovets State University
Keywords: investment potential, municipal districts, investment opportunities’ index, methodology

Abstract

The analysis of existing methods for assessing the investment potential of Russian regions has shown that there are a number of problems with an objective assessment of the investment development of regions. The using of the regions’ investment potential assessing methods without taking into account the factors of municipalities’ investment development raises doubts about the results’ objectivity. In this work the authors set a goal to assess the influence of individual factors on the Russian regions’ investment potential by calculating the index of municipal districts’ investment opportunities, which allows to identify problems with investment development of the region. The research is based on economic-mathematical modeling by the Russian subjects’ official statistics information with the Cherepovets municipal district of the Vologda region as example. The research allowed us to determine the impact of investment processes in municipal areas on the Russian region’s investment potential. In particular, to determine that the process of investment development in municipal areas depends on several fundamental factors: in most areas there is intraregional labor migration, which affects the objectivity of the municipal areas labor potential’s assessment. Thus, the proposed method of evaluating the investment opportunities index of municipal districts is an effective tool for analyzing the development of Russian regions’ investment potential, it can be used as a management tool, and also allows us to identify problem areas in the investment processes of region. The results of the research can be used in analyzing and monitoring the Russian Federation subject’s investment potential, determining the needs for further investment development of individual municipal districts of the region.

References

Received 2020-04-14
Published 2020-06-26
Section
Economics
Pages
354-361