ON THE QUESTION OF THE MULTIPLIER OF INVESTMENTS AND SOURCES OF THEIR FINANCING IN AGRICULTURE IN RUSSIA

DOI 10.32651/237-27

Issue № 7, 2023, article № 4, pages 27-34

Section: Problems of efficient management

Language: Russian

Original language title: К ВОПРОСУ О МУЛЬТИПЛИКАТОРЕ ИНВЕСТИЦИЙ И ИСТОЧНИКАХ ИХ ФИНАНСИРОВАНИЯ В СЕЛЬСКОМ ХОЗЯЙСТВЕ РОССИИ

Keywords: INVESTMENT MULTIPLIER, CAPITALIZATION, REINVESTMENT OF PROFITS

Abstract: The article analyzes the dynamics of the investment multiplier for agriculture of the Russian Federation for the period from 2017 to 2021. It is determined that the multiplier effect, with the exception of 2021, was created mainly within the framework of gross value added, namely gross profit of the economy and gross mixed incomes. A critical analysis of the sources of financing of investment processes was carried out, in particular, it was pointed out the insufficiency of own funds, the riskiness of increasing credit financing. The share of the state in investments in fixed assets is calculated. The influence of various proportions of capitalization of the net profit of agricultural organizations on the value of the investment multiplier is determined.

Authors: Essaulenko Dmitrii Vladimirovich