Open AccessSpatial and Aspectual Optimization of the World Investment Policy for Grain Growing
Author(s) -
Давид Арташевич Герцекович,
L.I. Gorbachevskaya,
Oleg L. Podlinyaev,
T. Konstantinova
Publication year - 2020
Publication title -
mir èkonomiki i upravleniâ
Language(s) - English
Resource type - Journals
eISSN - 2658-5375
pISSN - 2542-0429
DOI - 10.25205/2542-0429-2020-20-4-176-194
Subject(s) - investment (military) , risk–return spectrum , return on investment , benchmarking , productivity , rate of return , financial risk , agriculture , portfolio , expected return , agricultural productivity , production (economics) , business , economics , econometrics , agricultural economics , actuarial science , financial economics , finance , microeconomics , marketing , geography , macroeconomics , archaeology , politics , political science , law
The article is devoted to the problems of creating at the international level the optimal investment policy in agricultural production. The problem is solved by means of the “Return-Risk” model, which is based on the basic principles of the portfolio analysis: return, risk and the return-risk ratio. The model is easy to implement and does not require special skills; for important estimates it is necessary and sufficient to use MSEXCEL Date Mining Add-in. This article analyses the historical data of 2010–2017 by productivity of grain crops in general: corn, wheat, barley and rice in different countries. The time span is 1 year. The source data are exported from knoema.com. The findings are as follows: 1) the leading countries with the most attractive potential investment results have been formed for each sample subgroup promise; 2) the benchmarking quantitative analysis on return, risk and the return-risk ratio revealed both the most investment-attractive crops depending on the investor’s attitude to the acceptable risk level, and the countries where the cultivation will be most profitable; 3) the results of the spatial, aspectual and global optimization afford synthesis of effective decision support investment systems. It is proved that the 3 % increase in risk leads to only 1 % return.