THE MODEL OF INVESTMENT DEVELOPMENT TO ENSURE SUSTAINABLE GROWTH OF THE AGRICULTURAL ECONOMY

DOI 10.32651/248-12

Issue № 8, 2024, article № 2, pages 12-20

Section: Program-target management of development of agricultural production

Language: Russian

Original language title: МОДЕЛЬ ИНВЕСТИЦИОННОГО РАЗВИТИЯ В ЦЕЛЯХ ОБЕСПЕЧЕНИЯ УСТОЙЧИВОГО РОСТА АГРАРНОЙ ЭКОНОМИКИ

Keywords: INVESTMENTS, INVESTMENT DEVELOPMENT MODEL, PROFITABILITY, PRICES IN AGRICULTURE, GOVERNMENT SUPPORT, LENDING, TAXES, SUSTAINABLE GROWTH, AGRICULTURAL ECONOMY

Abstract: The article is devoted to the issues of sustainable development of the agricultural sector of the economy in the context of the aggravation of the geopolitical situation and the increasing sanctions pressure on the domestic economy. The main factor in the growth of production and productivity is investment, including in innovation. In recent years, there has been stagnation in the investment process in agriculture. The authors note that despite the observed increase in government support, there is a decrease in profitability, the price index of agricultural producers lags behind the price dynamics of related sectors of the agro-industrial complex, as well as prices on the consumer market, which does not fully ensure the sustainable functioning of agricultural producers. In addition, the tax burden on agriculture has not changed in recent years and does not make it possible to fully implement the necessary investment policy. To assess the level of influence of these factors on investment development, as well as to determine the parameters of tools for the sustainable development of the agricultural sector of the economy, the authors have developed an economic and mathematical model describing the relationship between the dynamics of agricultural production, investments in fixed assets of agriculture and key factors ensuring sustainable growth of the agricultural economy. The model showed the need to adjust the current economic mechanism in agriculture. In this regard, the authors propose measures aimed at improving the instruments of economic regulation in accordance with the national development goals of the Russian Federation.

Authors: Maslova Vlada Viacheslovovna, Zaruk Natalia Fedorovna, Avdeev Mikhail Viktorovich