Mathematical modeling of state support of investment process

DOI

10.2991/ttiess-17.2017.21How to use a DOI?

Keywords

investments; the investment project; mathematical model; principle of Pareto; an investment portfolio; state financing

Abstract

In this article, the mathematical model of the state support of investments is analyzed. The target function represents the maximal tax budgetary payments; the system of restrictions consists of linear and nonlinear functions, which corresponds to normative data. The maximal tax efficiency portfolio is generated by the principle of Pareto. The relevance of the proposed model follows from the current development of Russia and the situation on the international financial markets. In this regard, mechanisms and models are needed to assess the effectiveness of the funds invested by the state. The author proposes and analyzes a mathematical model of state support for investments. The target functional is the maximum tax budget allocations, the system of restrictions - linear and nonlinear functions, corresponding to regulatory data. It is proved that the formulated problem is a convex programming problem. According to the Pareto principle, an optimal set of basic criteria characterizing the financial stability of the investment project is determined. The portfolio is formed by the criterion of maximum tax efficiency. To solve the problems of assessing the effectiveness of investment projects today, there is a wide range of instrumental methods. Thus, using the mathematical model of state support for investments, the state obtains a mechanism to increase the efficiency of its activities, to support the modernization and technical re-equipment of enterprises in the most painless ways without losing its independence, and also to predict the consequences of its actions on the monetary policy being implemented.

Copyright

© 2017, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - R.R. Chernyatieva
PY  - 2017/06
DA  - 2017/06
TI  - Mathematical modeling of state support of investment process
BT  - Proceedings of the International Conference on Trends of Technologies and Innovations in Economic and Social Studies 2017
PB  - Atlantis Press
SP  - 121
EP  - 125
SN  - 2352-5428
UR  - https://doi.org/10.2991/ttiess-17.2017.21
DO  - 10.2991/ttiess-17.2017.21
ID  - Chernyatieva2017/06
ER  -