Oksana BUTORINA
Associate Professor, Perm National Research Polytechnic University, Russia
sci.publ@gmail.com
Matvey OBORIN
Associate Professor, Perm Branch of Plekhanov Russian University of Economics, Perm State National Research University, Perm State Agro-Technological University named after Academician D.N. Pryanishnikov, Russia
Galina KUTERGINA
Associate Professor, Perm State National Research University, Perm, Russia
Mariya OSIPOVA
Assistant, Perm National Research Polytechnic University, Russia
Abstract
The paper gives a brief description of the recurrent approach to the study of modern macroeconomic processes. It defines the role of investment processes in the modern macroeconomic cycle. The authors’ interpretation of the investment cycle as a structural component of progressive macroeconomic development is characterized by repeatability in time (periodicity); sequential change of stages; the presence of recurrent dependencies, determination character (determines the current basic trends). The justification of the investment cycle features on the basis of the recurrent approach made it possible to determine the features of the statistical analysis of the current investment cycle within the framework of the modern macrocycle. Such an analysis is a multi-level and multi-spectral study of the dynamics of investment activity indicators in the regional economy. It is based on a process approach that involves the systematization of relevant indicators and their phase-by-phase characteristics, including the territorial aspect of the study, which allows to identify general and particular dependencies within investment processes in each group of regions and/or in a specific region, as well as the sectoral aspect of the study, aimed at assessing the quality and efficiency of investment in the economy of the region on the basis of comparison of dynamics of real investment in foreign trade. A variety of different approaches and aspects of statistical analysis can contribute to a comprehensive study of the features of the current investment cycle.
Keywords: Macroeconomic cycle, recurrent approach, investment cycle, process approach
JEL classification: D51
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