RuEn

Journal section "Sectoral economic studies"

Analysis and Forecast of Competitiveness of Russian Investment Equipment in the Foreign Markets

Borisov V.N., Pochukaeva O.V.

Volume 14, Issue 2, 2021

Borisov V.N., Pochukaeva O.V. Analysis and forecast of competitiveness of Russian investment equipment in the foreign markets. Economic and Social Changes: Facts, Trends, Forecast, 2021, vol. 14, no. 2, pp. 43–58. DOI: 10.15838/esc.2021.2.74.3

DOI: 10.15838/esc.2021.2.74.3

Abstract   |   Authors   |   References
The conducted research was aimed at developing and advancing methods of studying the impact of investments with a high share of costs of machines and equipment, scientific studies and developments for competitiveness dynamics of Russian investment equipment and construction of forecast options for its export. The studied groups of investment equipment were formed from high-tech, technically complex, and expensive types of products. The object of the study is the competitiveness of domestic investment equipment in the foreign markets. We considered the expansion of the export geography, which allowed exploring the competitiveness in the main (traditional) markets and in the growing (including new ones) markets of the far abroad countries. The authors have assessed the demand stability. The tasks, achieved in the reported study, are aimed at identifying the dependencies of quantitative assessments of competitiveness on quantitative assessments of investment factors, impact of which determines the pace and efficiency of the development of investment equipment production at Russian enterprises. The developed system of indicators allows obtaining quantitative, voluminous, and price estimates of investment equipment exports to the foreign countries and to assess and predict on its basis the pace of high-tech and technological development of this important branch of domestic engineering. The results of the study show a necessity to significantly increase spending on research and update of production equipment. The growth of knowledge-intensive investments will make it possible to expand the range of investment equipment with technological competitiveness on the global market. The conducted research has shown that the tools, existing and applied in the Russian Federation, allow us to ensure the constructive dynamics of factors affecting the competitiveness of mechanical engineering and its products. However, the resources that determine the impact of these tools are still insufficient

Keywords

competitiveness, investment in fixed capital, mechanical engineering, export, investment equipment, technological structure of investments, knowledge intensity of investments

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