ECONOMICS, MANAGEMENT AND ORGANIZATION OF CONSTRUCTION PROCESSES

METHODOLOGICAL ASPECTS OF CLASSIFICATION OF INVESTMENT MODELS APPLICABLE TO CONSTRUCTION PROJECTS

Vestnik MGSU 3/2012
  • Yaskova Natalya Yurevna - Moscow State University of Civil Engineering (MSUCE) Doctor of Economics, Professor, Department of Economics and Management in Construction Industry, Moscow State University of Civil Engineering (MSUCE), 26 Yaroslavskoe shosse, Moscow, 129337, Russia; This e-mail address is being protected from spambots. You need JavaScript enabled to view it .
  • Moskvichev Danil Vasilevich - Moscow State University of Civil Engineering (MSUCE) postgraduate student, Department of Economics and Management in Construction Industry 8 (495) 287-49-19, ext. 312, Moscow State University of Civil Engineering (MSUCE), 26 Yaroslavskoe shosse, Moscow, 129337, Russia; This e-mail address is being protected from spambots. You need JavaScript enabled to view it .

Pages 187 - 192

The paper covers the identification of basic investment models applicable to construction
projects. They are needed to substantiate the transformation of the investment system, to identify
the numerical values of the investment process, and to solve the problems that prevent the efficiency
improvement of the investment system. As a result of the analysis, the authors have identified
sixteen models that differ in the mode of investment, investment targets, types of investees,
investors, investment sources, investment methods, investment schemes, repayment patterns,
strategic goals, countries of origin, restrictions imposed on investment resources, payback patterns,
investment period, economic system development, financing procedure, type of investment
period alterations.
The multiplicity and variety of investment models prevent us from performing a comprehensive
comparative analysis; therefore, investment models are to be consolidated into classes that
display higher-level systemic features. As a result of comprehensive comparison of existing investment
models those models that are typical for the construction industry have been identified. They
are (1) mid-term dynamic models, and (2) target-oriented models.
Consideration of the two classes of features prevents us from preparing an exhaustive overview
of the investment process. Therefore, as a result of research of the investment system structure
its backbone element was identified. It represents an investment method that is the basic
classifier. Thus, the basic classifier of an investment model is composed of three basic classificatory
features, including the time, the investee, and the investment method. As a result, a credit
investment model, a security investment model, a cooperative investment model, a project investment
model, an economic investment model, a centralized investment model, a share investment
model, and a combined investment model were identified.

DOI: 10.22227/1997-0935.2012.3.187 - 192

References
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