Abstract
The article analyzes the problem of the development of regions as socio-economic systems under the influence of the factor of investment in fixed assets. Using the example of the Central Federal District regions, the differences between regions in the level of per capita GDP by region are investigated, depending on the per capita investment in fixed assets. The article concludes that there is a need for economic justification of regional and interregional investment programs based on the aggregated production function of the region, which allows a differentiated approach to each region depending on the current conditions of its development.
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