Rental Relations as a Factor of Mining Investment Prospects

Tver State Technical University, 170026, Af. Nikitin Street, 22, Tver, Russia

^* Corresponding author: alvovich@mail.ru

Abstract

This article aims, first, to consider the conceptual question about the place and role of rental relations in subsoil use, particularly in the extractive industries and secondly, to determine the basics of scientific analysis of the essence and forms of rent and rent relations, generally, and mining rents in particular in aspect of their influence on the formation of a favourable investment climate in the extractive industry. Article is largely introductory in nature, so far as in theory and in practical terms, the problems of relationship rent relations and investment attractiveness of the extractive industries have not adequately attention. In this direction has never appeared in any relevant studies, the results of which could serve as the basis for formulating practical solutions, such as formation of adequate economic policies, rent relations regulatory frameworks, their organizational and legal security underlying the investment attractiveness of extractive activities.