INFLUENCE OF INVESTMENTS ON THE REPRODUCTION OF MACHINE-TRACTOR FLEET IN AGRICULTURE

Abstract

Investment plays a central role in ensuring the efficiency of an economic system and the whole social reproduction sphere, since it directly affects the possibility of economic growth in the long term. The main type of agriculture investments in Russia is the investment in fixed capital. The grouping of regions by the size of investments has shown that the differences between the groups in the coefficient of renewal for tractors is 0.9%, and for combines 1.7%, which means that the higher the size of investments is, the greater the opportunities for the renewal of agricultural machinery are. The author has taken the coefficient of renewal and disposal of tractors as one of the indicators reflecting the process of the equipment reproduction and calculated the impact of the amount of investments and the amount of workload per one tractor on the change of these coefficients in relation to the reproduction of tractors. Studies have shown that the higher the investments are, the more the upgrade process exceeds the disposal process of tractors. With a high level of investment and workload per one tractor, a decrease in the disposal is achieved due to the ongoing measures for the repair and maintenance of agricultural machinery.