Comparative investment analysis of industries development in Russia and Germany

Abstract—The investment policies in some of manufacturing industries in Russia and Germany are described in article. Most appropriate industries for such an analysis are electronic and optical manufacturing and electrical equipment production and manufacturing of motor vehicles, trailers and semi-trailers. Authors make comparative analyses of investment in manufacturing and changes in production value in these industries. Information base of research are Russian Statistical data service and Eurostat. Results allow making the following conclusion. Considering these parameters Russia manufacturing industry lags far behind Germany. A major problem lack of investment that in terms of sanctions and limited external financing will pose serious problems for the development of sub-DL and DM sector of manufactures in Russia Keywords- investment; manufacturing industries; comparative analysis I

Social Results of Domestic and Foreign Firms: Case Manufacture of Transport Equipment in Russia

The article studies the impact of creation of foreign enterprises on social indicators in the developing countries. We compare social results of foreign and joint enterprises (foreign and joint ownership, FJO) and domestic enterprises (Russian ownership, RO) in manufacturing of transport equipment in various regions of Russia. The multivariate statistical analysis is applied to compare the social results. Using the variance analysis, we find that the level of the average salary and growth rates of employment and payroll of FJO enterprises are higher compared to the RO enterprises. At the same time, FJO enterprises are characterized by a lower labor intensity and payroll-output ratio. The clustering into three pairs of factorial indicators of Russian regions is performed separately for RO and FJO enterprises. The clustering displayed statistically significant differences in the social results among the groups of regions. Keywords: Domestic and foreign and joint enterprises, manufacture of transport equipment, employment and payroll,multivariate statistical  analysis. JEL Classifications: C100, J210, J310, L62