Regulation of the investment and structural interaction among sectors: Outlining a methodological approach
Importance Differentiation of investment opportunities of various business activities represents one of the critical factors that shape the structure of economic sectors. It allows considering the regulation of investment and structural interaction among sectors as a necessary condition to articulate effective industrial policies. The article focuses on investment and structural interaction as part of sectoral economic systems. Objectives The research pursues devising and testing a methodology for regulating investment and structural interaction through the theory of investment self-induction. Methods The methodological framework relies upon such research methods as scientific abstraction, analysis, synthesis, generalization, analogy, and systems, process-based, dialectical, balanced approaches as well as my own methodology to govern the investment and structural interaction. Results I devised the methodology to regulate the investment and structural interaction through the theory of investment self-induction, i.e. tools to study investment self-induction as a phenomenon, indicators to examine the investment self-induction mechanism and its structural effects. I also determined methodological fundamentals to identify the key points of investment growth, and formulated an algorithm to ignite the investment self-induction mechanism. Conclusion and Relevance The regulation of investment and structural interaction among sectors, using the theory of investment self-induction, constitutes a new issue in economics. If the issue is resolved, it will help to forge new methodological mechanisms and tools to drive the economy, shape contemporary industrial policies at the macro- and microlevels, and streamline the restructuring of industrial sectors.