Investments in fixed capital in agricultural organizations in russia

Issue № 4, 2021, article № 15, pages 162-169

Section: Investment and innovation in agriculture

Language: Russian

Original language title: ИНВЕСТИЦИИ В ОСНОВНОЙ КАПИТАЛ В СЕЛЬСКОХОЗЯЙСТВЕННЫХ ОРГАНИЗАЦИЯХ РОССИИ

Keywords: GROSS FIXED CAPITAL FORMATION, NET FIXED CAPITAL FORMATION, RATE OF NET FIXED CAPITAL FORMATION, SIMPLE REPRODUCTION, EXPANDED REPRODUCTION, PROFITABILITY

Abstract: The article is devoted to the analysis and assessment of the state of accumulation of fixed capital in agricultural organizations in Russia. As a result of the study, the author identified the reasons for the low rates of accumulation of fixed capital in the agricultural sector: inflationary depreciation of investments, the suboptimal structure of gross capital formation with a predominant share of simple reproduction, a critically low level of increment in the fleet of agricultural machinery, a low level of profitability and ineffective use of net profit by agricultural organizations. The author notes that a significant part of the profit is directed to the accrual of dividends, and not to the accumulation of fixed capital. The investment opportunities of agricultural organizations are weakened by the ineffective work of agricultural insurance, which does not provide sufficient insurance protection and the sustainability of the processes of simple reproduction of the industry.

Authors: Savkina Galina Mikhailovna