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Financial Analytics: Science and Experience

A study into structural effects of investment self-induction in sectoral economic systems

Vol. 10, Iss. 6, JUNE 2017

PDF  Article PDF Version

Received: 7 February 2017

Received in revised form: 1 March 2017

Accepted: 31 March 2017

Available online: 15 June 2017


JEL Classification: D92, L50, L52, L90

Pages: 631-646


Myakshin V.N. Northern (Arctic) Federal University named after M.V. Lomonosov, Arkhangelsk, Russian Federation

Importance Mutual relations and effect of cross-sectoral financial flows necessitate new approaches to be designed to studying cross-sectoral investment and structural interactions through the mechanism of investment self-induction and structural effects of investment self-induction. The article focuses on investment self-induction as an economic phenomenon and respective structural effects in sectoral economic systems.
Objectives The research identifies evident patterns of investment relations in sectoral economic systems arising from the mechanism of investment self-induction and structural effects.
Methods The methodological framework includes general scientific methods, i.e. scientific abstraction, analysis, synthesis, generalization, and systems and dialectical approaches. Data analysis is based on methods of economic statistics (structural and dynamic analysis) and economic mathematics (methods of cross-sectoral balance) and the method of expert assessment.
Results I prove the existence of cause-and-effect relations and patterns for arising structural effects of investment self-induction. I also elaborated theoretical principles of structural effects of investment self-induction, proposed a set of indicators for gauging them, determined the economic substance of the indicators, devised the assessment algorithm, and technique to evaluate the entire amount of investment self-induction in line with its structural effects.
Conclusions and Relevance The proposed set of indicators constitutes a toolkit, which would allow doe quantification of investment relations among adjacent industries, forecast investment processes and structural changes in sectoral economic systems and formulate investment policies subsequently.

Keywords: investment self-induction, structural effects, marginal rate, economic system, investment substitution, investment relations


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