Dynamics of investment in fixed capital in the economy of the northern regions
Автор: Gadzhiev Yusif Alimovich, Akopov Valerii Ishkhanovich, Kanev Viktor Nikolaevich
Журнал: Economic and Social Changes: Facts, Trends, Forecast @volnc-esc-en
Рубрика: Regional economy
Статья в выпуске: 1 (37) т.8, 2015 года.
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The article describes characteristics and trends of investment in fixed capital of the Northern regions. It singles out phases of rapid pre-crisis growth, crisis, post-crisis growth and stagnation. Stagnation and decline in recent years are caused by completed major investment projects, reduced own funds of enterprises, limited availability of investment resources and increased capital outflow. The article reveals that the growth of investment in fixed capital of the North in the post-crisis period is provided by the regions, carrying out major investment in oil and gas pipeline transport, oil extraction, production and distribution of electricity, gas and water. The changes in the sectoral structure of investment in fixed capital of the Northern regions are barely visible; the share of investment in the traded sector is still high, especially in mining, due to the Northern regions’ specialization in the extractive industries. The share of investment in the public sector and social services remains low...
Stagnation, investment in fixed capital, structure of investment by types, purchase of fixed assets, northern regions, new construction, modernization and reconstruction
Короткий адрес: https://sciup.org/147223700
IDR: 147223700 | DOI: 10.15838/esc/2015.1.37.4
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