Bìznes Inform (Nov 2021)
Assessing the Investment Activity Efficiency of Ukrainian Regions
Abstract
The article is aimed at assessing the efficiency of investment activity of the regions of Ukraine. The results of the carried out survey should allow to identify factors influencing this characteristic of the regional economic system and to form certain tasks for their solution in the context of intensification of investment processes at the regional level. A theoretical analysis of existing approaches to the assessment of the efficiency of investment activity at the regional level was carried out, allowing to form the author’s own approach, which is based on the computation of the aggregate integral indicator of the efficiency of investment activity of the regions of Ukraine. In order to compute the aggregate integral indicator of the efficiency of investment activity of the regions of Ukraine, a methodology is proposed, which consists in computing a set of relative indicators that are distributed within three directions, namely: impact of investment activity on the production development of region, financial development of region, and social development of region. As result of computing relative indicators, an assessment of the integral level of investment activity efficiency was carried out separately by its impact on the production, financial and social development of region. On the basis of the three computed integral indicators, the aggregate integral indicator of the efficiency of investment activity of the regions of Ukraine was calculated, allowing to divide them into regions with low, medium, higher than average, and high level of efficiency of investment activity. All analytical computations were systematized, which made it possible to distinguish the main factors influencing the efficiency of investment activity of the regions of Ukraine, taking into account of which would allow to activate the investment process at the regional level and achieve its main goals.
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