The purpose of the study is to clarify a few possible causes for the delay in new investment projects. It is well known that anticipation of future economic environment and prices affects the current investment decisions of a firm. Gaussian processes are typically used to model returns or...

The goal of this project is the explanation of spatial distribution of investment in Russia during the transition to a market economy. The influence of agglomeration and investor expectations on investment in the real sector of the economy are analyzed. A theoretical model is constructed, which...

In this paper we present theoretical framework for quantitative assessment of tax burdens on investments in physical, human and R&D capital in Russia. The modified and extended version of King–Fullerton model for computation of marginal effective tax rates on marginal hypothetical investments...