Investments in fixed assets in Russia: analysis and forecast

Abstract

The relevance of the study is that investment activities associated with investments in fixed assets relate to the "system-forming" activity of the state and are articulated in a number of federal documents and national projects. As it is noted in the Decree of the President of Russia "On National Development Goals of the Russian Federation for the Period until 2030" the sustained economic growth is associated with a high level of investment activity. It is planned to increase capital investment in fixed assets by 2030 by at least 70 percent compared to 2020. The author's version of blocks of factors of investment in fixed assets is formed according to a content criterion. Hierarchical classification of Russian regions into qualitatively homogeneous groups according to factor indicators of regional promotion of investments in fixed assets by the method of cluster analysis based on interregional comparisons was performed. A federal approach to the analysis of trends of indicators of investments in fixed assets has been implemented and their forecasting for 2021-2022 has been carried out. The proposed analytical and methodological support for the executive authorities of the federal and regional levels serves as the basis for the development of the appropriate measures to ensure the conditions for growth of investments in fixed assets and sustainable economic growth.