Revisiting the issue of boosting Russia’s economic growth by investing in fixed assets

In the context of geopolitical and geo-economic turbulence, the issues of realizing the existing economic potential are vital for the Russian economy; this fact proves the relevance of the topic of this study. The idea is that when applying macroeconomic methods to boost economic growth in Russia, the individual characteristics of each constituent entity should be taken into account. The aim of the study is to identify Russia’s constituent entities characterized by the predominance of capital-intensive economic activities in the structure of the economy and the increasing return on investment in fixed assets, and to conduct a brief overview of possible measures to increase the level of investment attractiveness of these constituent entities, the adoption of which will enhance the growth of the Russian economy. The main element in the scientific novelty of the study is the author’s own approach to the search for effective macroeconomic ways to enhance the growth of the Russian economy. The methods of conducting the study included deduction, and regression analysis. It is established that in Russia there are 27 constituent entities with a predominance of capital-intensive economic activities in the structure of the economy and with increasing returns on investments in fixed assets. Some of them face a low level of investment attractiveness. To improve this situation, the author recommends creating preferential territories in all these regions, adopting regulatory documents regulating special investment contracts, and as an additional measure, establishing an investment tax deduction in entities that possess this feature and have not taken advantage of this opportunity to date. The main areas of future research are the application of two other ways to boost economic growth in Russia - an increase in consumer demand and government spending.