Analyzing the Dynamics of Indicator System Showing Implementation of Investment Policy on the Regional Level

Abstract

The article proposes to split the results obtained by implementing investment policy of the regional level into direct and indirect ones. The direct results are connected with investment inflow into regional economy and impact different aspects of social and economic development of the territory, they cover indicators of investment activity, economic growth and technological development as well as figures showing standard of living and quality of life of the population. The indirect results of implementing regional investment policy are caused by direct results and have a certain interconnection with the volume of investment into fixed capital. The Urals Federal Area acted as an object of the analysis. To estimate the dynamics of the regional investment policy results the average annual rate of relevant indicator growth was calculated. According to the analysis interpretation, the best results for direct figures were reached in the Tyumen region without autonomous districts and the Sverdlovsk region, the worst ones – in autonomous districts. The best results for indirect indicators were attained in the Yamalo-Nenetskiy autonomous district and the Kurgan region, the worst ones – in the Khanty-Mansiyskiy autonomous district. Finally, a conclusion was drawn concerning causes of the situation and recommendations dealing with further investment development of the Urals Federal Area were compiled. Topicality of this subject defined the goal of the article, i. e. analyzing the dynamics of indicator system showing results of implementing regional investment policy in general and investment activity in particular. Such academic methods as analysis, synthesis, comparison and summarizing of scientific information were used in the article.

Keywords

• investment
• regions
• direct results
• indirect results
• regional investment policy