Assessment of investment support for the Siberian regional agricultural sector

Issue № 12, 2025, article № 5, pages 40-46

Section: Economic mechanism of managing

Language: Russian

Original language title: ОЦЕНКА ИНВЕСТИЦИОННОГО ОБЕСПЕЧЕНИЯ РЕГИОНАЛЬНОГО АГРОСЕКТОРА СИБИРИ

Keywords: AGRICULTURAL FIXED ASSETS, OWN CAPITAL, EXTERNAL CAPITAL, FINANCIAL RATIOS, MULTIPLICATIVE EFFECT

Abstract: The existing technical and technological equipment, the specifics of the use of financial and labor resources determine the investment needs. But these same factors limit the effectiveness of using investments. If fixed assets are unable to generate a final product effectively, it will negatively affect the financial position and competitiveness of agricultural producers. A decrease in the volume of investment support for operating activities leads to stagnation of the agricultural business. Therefore, the purpose of the study is to substantiate the rational level of investment support for the regional agricultural sector in the current economic situation of industrial enterprises. In the article the analysis of the financial condition of agricultural producers was carried out and revealed a higher value of financial leverage, which was calculated using long-term loan capital, for farms compared with agricultural organizations: 0.49 and 0.22, respectively. Economic and mathematical models have been constructed that reflect the dependence of the investment coefficient on such parameters as assets, sales revenue, fixed assets, and borrowed capital and allow us to assess the impact of these factors on investment security. At the next stage of the study, a multiplicative effect in the reproduction of fixed assets was identified, which is manifested through the influence of the initial growth of investments in the form of equity on the increase in the volume of fixed assets used. Empirical results show that investment provision is determined by a multiplicative relationship: with an increase of 1 ruble in financial investments from own resources, fixed assets will increase by an average of 1.31 rubles in agricultural organizations and 1.18 rubles in farms. This trend determines the expediency of increasing the technical and technological equipment of production.

Authors: Tiu Liudmila Vasilevna, CHirkova Irina Grigorevna, SHapovalov Denis Vladimirovich