Statistical Analysis and Modelling of Investment Climate Regions of Russia

<p style="margin-left:14.2pt;">A prerequisite for sustainable economic growth of the country is to attract investment. For Russia, as a decentralized state, a key role is played by the development of its constituent regions, so it is very important aspect of attracting investment in each of them.</p><p style="margin-left:14.2pt;">This work is based on research conducted in 2010 by the Russian Union of Industrialists and Entrepreneurs and the company KPMG &laquo;Increasing FDI in Russian regions&raquo;. In this research, based on the opinions of foreign investors in Russia, highlighted the factors affecting to the decision to invest.</p><p style="margin-left:14.2pt;">The objective of this work - a statistical analysis of the influence of factors that characterize the investment attractiveness of Russian regions on foreign direct investment. To achieve the objective following problems were solved:</p><p style="margin-left:14.2pt;">1. The main factors that characterize the investment climate at the regional level</p><p style="margin-left:14.2pt;">2. Obtained indicators that can quantify these factors</p><p style="margin-left:14.2pt;">3. Based on the selected indicators were classified Russian regions in terms of investment attractiveness</p><p style="margin-left:14.2pt;">4. Were analyzed the influence of the selected indicators on the volume of accumulated foreign direct investment for each group of regions</p><p style="margin-left:14.2pt;">5. Conclusions were made about such analysis and recommendations to increase FDI in regions</p><p style="margin-left:14.2pt;">The object of this research is to attract investments in the Russian regions. The subject of the research is to analyze the factors that characterize the investment potential and investment climate affecting FDI.</p><p style="margin-left:14.2pt;">As a result of performing the following results were obtained:</p><p style="margin-left:14.2pt;">&bull; For regions with highly attractive growth points are the development of the scientific and technical bases and systems of higher education</p><p style="margin-left:14.2pt;">&bull; The growth of FDI stock in regions with an average attraction for the promotion of the labor market and domestic consumer markets, in addition to such regions bulk of the investment is aimed at the production of the final product</p>