+7 495 989 9610, 9am6pm (GMT+3), Monday – Friday
ИД «Финансы и кредит»

JOURNALS

  

FOR AUTHORS

  

SUBSCRIBE

    
Finance and Credit
 

Analysis of conditions for consolidation of investments in Russian fixed assets

Vol. 27, Iss. 10, OCTOBER 2021

Received: 1 July 2021

Received in revised form: 27 July 2021

Accepted: 10 August 2021

Available online: 29 October 2021

Subject Heading: INVESTING

JEL Classification: E20, E62, G24, G31, H54

Pages: 2258–2281

https://doi.org/10.24891/fc.27.10.2258

Valerii V. SMIRNOV I.N. Ulianov Chuvash State University (ChuvSU), Cheboksary, Chuvash Republic, Russian Federation
v2v3s4@mail.ru

https://orcid.org/0000-0002-6198-3157

Subject. The article investigates the consolidation of investments in Russian fixed assets.
Objectives. The purpose of the study is to identify conditions for the consolidation of investments in Russian fixed capital.
Methods. The study draws on the systems approach, using the methods of statistical, neural network, and cluster analysis.
Results. I reveal conditions for consolidation of investments in Russian fixed capital, i.e. private and foreign property, burdened with funds from the issue of corporate bonds and shares. The paper identifies a significant part of the Russian economy (mining activities) and unveils the high-tech imports domination. It highlights conditions for consolidation of investments in Russian fixed capital in the form of private and foreign property, which determine the parameters of international cooperation in US dollars and in the national currency, avoiding an excessive increase in gross government debt in the national currency.
Conclusions. The described conditions for consolidation of investments in Russian fixed assets enable to direct the activities of the Russian government to effective combination of external and internal factors that ensure economic growth.

Keywords: investment, consolidation, fixed asset, parameter, property

References:

  1. Glaz'ev S.Yu. [On Forming the Ideology of Transition to a New World Economic Order in Russia and the EAEU]. Ekonomicheskie strategii = Economic Strategies, 2020, vol. 22, no. 7, pp. 46‒61. (In Russ.) URL: Link
  2. Aganbegyan A.G., Klepach A.N., Porfir'ev B.N. et al. [Post-pandemic recovery of the Russian economy and the transition to sustainable social and economic development]. Problemy prognozirovaniya = Problems of Forecasting, 2020, no. 6, pp. 18‒26. (In Russ.) URL: Link
  3. Aganbegyan A.G., Porfir'ev B.N., Shirov A.A. [Recovery from the current crisis and development paths of the Russian economy]. Nauchnye trudy Vol'nogo ekonomicheskogo obshchestva Rossii = Scientific Works of the Free Economic Society of Russia, 2021, vol. 227, no. 1, pp. 193‒213. (In Russ.) URL: Link
  4. Stančík A., Osička J., Overland I. Villain or victim? Framing strategies and legitimation practices in the Russian perspective on the European Union’s Third Energy Package. Energy Research & Social Science, 2021, vol. 74, no. 101962. URL: Link
  5. Toth B.T., Kotek P., Selei A. Rerouting Europe's gas transit landscape – Effects of Russian natural gas infrastructure strategy on the V4. Energy Policy, 2020, vol. 146, no. 111748. URL: Link
  6. Vatansever A. Put over a barrel? “Smart” sanctions, petroleum and statecraft in Russia. Energy Research & Social Science, 2020, vol. 69, no. 101607. URL: Link
  7. Singh V., Roca E., Li B. Effectiveness of policy interventions during financial crises in China and Russia: Lessons for the COVID-19 pandemic. Journal of Policy Modeling, 2021, vol. 43, iss. 2, pp. 253‒277. URL: Link
  8. Francis B.B., Hunter D.M., Kelly P.J. Do foreign investors insulate firms from local shocks? Evidence from the response of investable firms to monetary policy. Journal of Empirical Finance, 2020, vol. 58, pp. 386‒411. URL: Link
  9. Xiao J., Wang Y. Investor attention and oil market volatility: Does economic policy uncertainty matter? Energy Economics, 2021, vol. 97, no. 105180. URL: Link
  10. Dong Z., An H., Liu S., Li Z., Yuan M. Research on the time-varying network structure evolution of the stock indices of the BRICS countries based on fluctuation correlation. International Review of Economics & Finance, 2020, vol. 69, pp. 63‒74. URL: Link
  11. Indars E.R., Savin A., Lubloy A. Herding behaviour in an emerging market: Evidence from the Moscow Exchange. Emerging Markets Review, 2019, vol. 38, pp. 468‒487. URL: Link
  12. Dikova D., Panibratov A., Veselova A. Investment motives, ownership advantages and institutional distance: An examination of Russian cross-border acquisitions. International Business Review, 2019, vol. 28, iss. 4, pp. 625‒637. URL: Link
  13. Petrella S., Miller C., Cooper B. Russia's Artificial Intelligence Strategy: The Role of State-Owned Firms. Orbis, 2021, vol. 65, iss. 1, pp. 75‒100. URL: Link
  14. Miller C. Will Russia's Pivot to Asia Last? Orbis, 2020, vol. 64, iss. 1, pp. 43‒57. URL: Link
  15. Hess M. Russia and Central Asia: Putin's Most Stable Region? Orbis, 2020, vol. 64, iss. 3, pp. 421‒433. URL: Link

View all articles of issue

 

ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

Journal current issue

Vol. 27, Iss. 11
November 2021

Archive