Technique of assessment of investments into technical and technological modernization of agricultural production

Issue № 3, 2019, article № 5, pages 47-55

Section: Economic mechanism of managing

Language: Russian

Original language title: МЕТОДИКА ОЦЕНКИ ИНВЕСТИЦИЙ В ТЕХНИКО-ТЕХНОЛОГИЧЕСКУЮ МОДЕРНИЗАЦИЮ СЕЛЬСКОХОЗЯЙСТВЕННОГО ПРОИЗВОДСТВА

Keywords: INVESTMENTS, TECHNICAL AND TECHNOLOGICAL MODERNIZATION, TECHNIQUES

Abstract: In article the existing methodical approaches according to efficiency of investments into technical and technological modernization of agricultural production are considered and adapted. At assessment of efficiency of investments into technical and technological modernization of agricultural production it is possible to proceed from two various situations: stage-by-stage investment depending on financial opportunities and existence of necessary technical means; full formation of technical base. The efficiency and riskiness of investments is offered to be estimated on the basis of the combination of the "tree of decisions" method and various scenarios providing calculation of population mean of the net discounted income of the project and degree of its riskiness defined as the probability of unprofitability of investments.

Authors: Nechaev Vasilii Ivanovich, Sandu Ivan Stepanovich, Mikhailushkin Pavel Valerevich, Zakarchevskii Oleg Vladimirovich