Russian Journal of Economics and Law (Mar 2015)
PREDICTING THE VOLUME OF INVESTMENTS INTO CAPITAL ASSETS IN THE INDUSTRY OF KYRGYZ REPUBLIC
Abstract
Objective: to define the demand and predict the required volume of investments into capital assets of industrial sector of economy in Kyrgyz Republic Results: the article analyzes the dynamics of renewing the capital assets in the industrial sector of economy in Kyrgyzstan in the recent decade. Basing on the analysis of dynamics and actual condition of capital assets, the author predicts the volume of investments into the capital assets, taking into account the hypothesis on preserving the existing trends of renewing the capital assets. The influence is revealed of the level of deterioration of capital assets on the amount of investments, expressed as the ratio of investment volume to the production volume. It is defined that reaching the predicted volumes of investment will keep the deterioration level at not more than 43%. Scientific novelty: for the first time the article predicts the investment volume basing on the balance model and extrapolation of mean values of renewal and retirement of capital assets in the recent decade (2003-2012), reveals the dependence of the deterioration level and capital assets investment norm. Practical value: the main conclusions of the article can be used in scientific and educational activity, in practical calculations and planning capital investments.
