Capital investments as a driver of technological restructuring in the production sector of Ukraine and its regions in the post-industrial era
DOI:
https://doi.org/10.35774/visnyk2017.02.007Keywords:
post-industrial era, production sector (of Ukraine and its regions), technological structure, industrial activity, capital investments, restructuring.Abstract
The article justifies the necessity of technological restructuring in the production sector of Ukraine and its regions in the post-industrial era. Also, it explains the importance of capital investments for a rapid development of more advanced industrial activities. Based on the methodological approaches related to structuring in the production sector of Ukraine and its regions and given various levels of technological development (technological modes), the author develops a new methodological approach, which includes both basic elements of structural analysis and special ones, implying the use of Heckman’s factor. The dynamics and structure of capital investments are analyzed, their impact on the turnover in Ukraine and its regions is determined in terms of particular industrial activities of various technological levels. Strategic objectives of technological restructuring in the production sector of Ukraine and its regions in the post-industrial era are identified. They involve the improvement of social and political institutions as well as the implementation of a more balanced state industrial policy. In order to establish a post-industrial technological structure in the production sector of Ukraine and its regions the advantage of increasing capital investments and their redistribution towards high technology industrial activities are recognized.
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