+7 925 966 4690, 9am6pm (GMT+3), Monday – Friday
ИД «Финансы и кредит»

JOURNALS

  

FOR AUTHORS

  

SUBSCRIBE

    
Economic Analysis: Theory and Practice
 

Assessment of factors determining the amount of net investment in regional agriculture

ISSUE 7, JULY 2025

Received: 7 April 2025

Accepted: 30 May 2025

Available online: 15 July 2025

Subject Heading: INVESTMENT ANALYSIS

JEL Classification: O13, O16, P25

Pages: 71-87

https://doi.org/10.24891/rpxeqd

Aleksandr A. DUBOVITSKII Corresponding author, Michurinsk State Agrarian University (Michurinsk SAU), Michurinsk, Tambov Oblast, Russian Federation
daa1-408@yandex.ru

https://orcid.org/0000-0003-4542-1119

El'vira A. KLIMENTOVA Michurinsk State Agrarian University (Michurinsk SAU), Michurinsk, Tambov Oblast, Russian Federation
klim1-408@yandex.ru

https://orcid.org/0000-0001-7628-7181

Subject. The article investigates the investment activity of business structures in regional agriculture.
Objectives. The study aims to assess factors that have a decisive impact on the size of net investment in regional agriculture.
Methods. The study is based on the use of elements of statistical and economic tools for nonparametrically distributed populations. The sequence consisted of four stages: correlation analysis of the data set, using the Spearman method; grouping of regions by indicator of significant factors with median and quartile estimates; one-factor analysis of variance of localized groups, using the Kruskal–Wallis method; binary logistic regression to evaluate predictors of net investment.
Results. We found that the scale of gross production and the share of gross output used for investments is accompanied by an increase in net investment. The size of the investment also correlates with the parameters of government support provided to business entities in agriculture. These indicators can be used to approximate the values of net investments when forecasting the activities of agribusiness entities. The absence of significant relationship between the amount of net investment, the size of own funds and the level of profitability of agricultural production was an unexpected result. This indicates an increase in net investment under current conditions, mainly due to attracted sources.
Conclusions. The growth of net investment parameters should organically link two processes: growth of production volume with an increase in the share of investment in gross output, and an increase in government support funds.

Keywords: investment, investment activity, economic growth, efficiency, effectiveness

References:

  1. Izmailova S.A., Kleptsova N.A. [Formation of high-tech zones for agricultural production is the basis for sustainable development of the industry]. Nauchnoe obozrenie: teoriya i praktika, 2023, vol. 13, no. 2, pp. 196–203. (In Russ.) DOI: 10.35679/2226-0226-2023-13-2-196-203 EDN: PVJCFN
  2. Petukhova M.S., Koval' S.V. [Priority directions of sustainable agricultural production in the Novosibirsk region]. Ekonomika sel'skogo khozyaistva Rossii, 2022, no. 1, pp. 54–59. (In Russ.) DOI: 10.32651/221-54 EDN: VTZEXO
  3. Rodionova I.A., Silkin S.A., Timofeev E.I. [The sustainable development of agriculture through innovation]. Natsional'nye interesy: prioritety i bezopasnost', 2021, vol. 17, iss. 4, pp. 699–718. (In Russ.) DOI: 10.24891/ni.17.4.699 EDN: WEWVLZ
  4. Gupta J., Pouw N., Ros-Tonen M. Towards an Elaborated Theory of Inclusive Development. European Journal of Development Research, 2015, vol. 27, iss. 4, pp. 541–559. DOI: 10.1057/ejdr.2015.30 EDN: VZRJET
  5. Kyle P., Ollenburger M., Zhang X. et al. Assessing multi-dimensional impacts of achieving sustainability goals by projecting the sustainable agriculture matrix into the future. Earth's Future, 2023, vol. 11, no. 10. DOI: 10.1029/2022EF003323 EDN: FBHTNG
  6. Qingning Lin, Yuqing Jian, Deshuo Zhang et al. Exploring the "Double-Edged Sword" effect of the digital economy on sustainable agricultural development: Evidence from China. Sustainable Horizons, 2025, vol. 13, no. 100122. DOI: 10.1016/j.horiz.2024.100122
  7. Minakov I.A. [The formation of food security at regional level]. Vestnik Michurinskogo gosudarstvennogo agrarnogo universiteta, 2020, no. 1, pp. 203–208. (In Russ.) EDN: BXNLAY
  8. Latysheva L.A. [Investment potential and sources of investments in agriculture of Stavropol Krai]. Ekonomika sel'skogo khozyaistva Rossii, 2020, no. 4, pp. 13–17. (In Russ.) DOI: 10.32651/204-13 EDN: ZCJXWF
  9. Alborov R.A., Khoruzhii L.I., Kontsevaya S.M. et al. [Accounting for capital investments in agriculture]. Bukhuchet v sel'skom khozyaistve, 2021, no. 7, pp. 15–24. (In Russ.) DOI: 10.33920/sel-11-2107-02 EDN: NNPPOA
  10. Zvereva E.V., Sabanova A.A. [Wear and reproduction of fixed assets in the formation of the depreciation policy of the enterprise]. Ekonomika i biznes: teoriya i praktika, 2023, no. 4-1, pp. 171–174. (In Russ.) DOI: 10.24412/2411-0450-2023-4-1-171-174 EDN: GPWVMD
  11. Vodyannikov V.T., Subaeva A.K., Aleksandrova N.R. [Reproduction of fixed assets of agricultural organizations]. Ekonomika sel'skogo khozyaistva Rossii, 2023, no. 4, pp. 31–37. (In Russ.) DOI: 10.32651/234-31 EDN: VADEJI
  12. Sidorenko O.V., Shabannikova N.N., Mikhailova Yu.L. [The efficiency of reproduction and use of fixed assets in agricultural organizations of the region]. Vestnik agrarnoi nauki, 2021, no. 4, pp. 159–168. (In Russ.) DOI: 10.17238/issn2587-666X.2021.4.159 EDN: MILHSK
  13. Sharonova E.V. [Analysis of conditions for the reproduction of fixed assets in agricultural organizations of the Saratov region]. Ekonomika sel'skokhozyaistvennykh i pererabatyvayushchikh predpriyatii, 2021, no. 6, pp. 17–23. (In Russ.) EDN: BDKXGK
  14. Dudareva A.B., Dokal'skaya V.K. [Management of investment opportunities for fixed assets reproduction]. Vestnik agrarnoi nauki, 2022, no. 1, pp. 78–84. (In Russ.) DOI: 10.17238/issn2587-666X.2022.1.78 EDN: IKRLSM
  15. Govdya V.V., Degal'tseva Zh.V. [Depreciation of fixed assets: Problems and ways to solve them]. Estestvenno-gumanitarnye issledovaniya, 2023, no. 3, pp. 72–76. (In Russ.) EDN: LWCXCM
  16. Sushkova T.Yu., Ivanova N.A. [Process of reproduction of basic agricultural resources of the region and its effectiveness]. Ekonomika sel'skogo khozyaistva Rossii, 2022, no. 5, pp. 10–14. (In Russ.) DOI: 10.32651/225-10 EDN: LHEWTO
  17. Aleksandrova N.R., Subaeva A.K., Gainutdinov I.G. [Improvement of the methodological approach to the assessment of reproduction of fixed assets of rural farms]. Vestnik Kazanskogo gosudarstvennogo agrarnogo universiteta, 2022, vol. 17, no. 4, pp. 122–127. (In Russ.) DOI: 10.12737/2073-0462-2023-122-127 EDN: CSIHTB
  18. Dubovitskii A.A., Klimentova E.A., Evdokimova E.A. [Trends and factors of innovative development of agriculture]. Vestnik Kurskoi gosudarstvennoi sel'skokhozyaistvennoi akademii, 2024, no. 8, pp. 203–210. (In Russ.) EDN: FGSRLL
  19. Klimentova E.A., Dubovitskii A.A. [Formation of investment potential for sustainable development of agricultural organizations]. Ekonomika sel'skokhozyaistvennykh i pererabatyvayushchikh predpriyatii, 2025, no. 3, pp. 12–19. (In Russ.) EDN: BGZVXT
  20. Nikitin A.V., Dubovitskii A.A., Klimentova E.A. [Problems of formation of innovation-oriented development of the Russian economy]. Vestnik Michurinskogo gosudarstvennogo agrarnogo universiteta, 2024, no. 4, pp. 164–173. (In Russ.) EDN: WGWOTR

View all articles of issue

 

ISSN 2311-8725 (Online)
ISSN 2073-039X (Print)

Journal current issue

ISSUE 1
JANUARY 2026

Archive

Видите ошибку в отчестве? Отключите перевод, это английская версия сайта!