Gross regional product: factors for sustainable growth

This article examines the factors that determine the sustainability of regional economic growth rates. These include the dynamics of investment in fixed capital and the indicator of investment efficiency, i.e., investment return (capital return). There is a direct connection between the dynamics of the gross regional product, the dynamics of investment in fixed capital and the efficiency of investment use. To ensure stable growth of the gross regional product, it is necessary to maintain a stable growth of investments in fixed capital and maintain a high level of efficiency in the use of investments. Based on the use of statistical methods for analyzing time series, the article assesses the degree of sustainability of the growth rate of the gross regional product and the growth rate of investment in fixed capital.