Reproduction of fixed capital as a factor of effective development of the region's socio-economic system

Relevance. The reproduction of fixed capital is a constant renewal of capital and its renewal through the acquisition of new equipment, reconstruction, leasing operations, modernization and major repairs based on various tools such as innovation and investment government policy, tax, credit, etc. It is most appropriate to consider the reproduction of fixed capital in the context of investment provision of the region, and external Its expression is the indicator of statistical observation "investments in fixed assets". The purpose to evaluate the process of reproduction of fixed capital as a factor in the effective development of the socio-economic system of the region and identify the prospects for its further development. Objectives: to formulate an idea of the concept of "investments in fixed assets"; to characterize the situation with the inflow of investments in fixed assets in the Kursk region; to conduct a correlation analysis of the relationship between individual indicators of socio-economic development of the region and the volume of investments in fixed assets. Methodology. In the process of studying the subject under consideration, methods such as analysis, synthesis, generalization, logical, as well as graphical information processing techniques were used. Results. The Kursk Region is a border region with an uneven structure for attracting investments in fixed assets. The study provides initial data for analyzing the impact of individual indicators of the socio-economic development of the region on the value of the indicator of the volume of investments in fixed assets. Based on the data analysis, the equations of paired linear regression are constructed and the corresponding conclusions about the mutual influence of these indicators are made. Conclusions. The study, based on a mathematical analysis of the closeness of the relationship between the indicators of socio-economic development of the region, identified the indicators that are of the greatest importance in terms of increasing investment in fixed assets. Under the conditions of the Free Economic Zone and the CTO regime, the inflow of investments into fixed assets in the Kursk region will be impossible without an effective mechanism for implementing the preferential regime of the free economic zone in certain territories of the Belgorod, Bryansk and Kursk regions.