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Domestic and Foreign Firms in Russian Food Industry for the Period of 2005-2014

Author

Listed:
  • Vladislav Spitsin

    (Department of Management Tomsk Polytechnic University, Tomsk, Russia,)

  • Alexandr Mikhalchuk

    (Department of Higher Mathematics and Mathematical Physics Tomsk Polytechnic University, Tomsk, Russia,)

  • Darya Novoseltzeva

    (Department of Higher Mathematics and Mathematical Physics Tomsk Polytechnic University, Tomsk, Russia,)

  • Anton Boznyakov

    (Department of Higher Mathematics and Mathematical Physics Tomsk Polytechnic University, Tomsk, Russia,)

  • Lubov Spitsina

    (Department of Economics Tomsk Polytechnic University, Tomsk, Russia,)

  • Irina Antonova

    (Department of Management Tomsk Polytechnic University, Tomsk, Russia,)

Abstract

The article studies the economic and social results of companies in Russian (domestic) ownership (RO) and companies in foreign and joint ownership (FJO) in the food industry of Russia. Using economic analysis and analysis of variance we investigated main indicators for 2005-2014 at the level of Russia and Russian regions. The analysis showed that RO firms are dominating in Russian food industry, but in some regions the foreign and joint firms are prevail. We found that the advanced development of foreign firms was observed during the period of 2005-2013, but the joint firms' share decreased for this period. In 2014 the significant growth of RO firms' production volumes was revealed. RO firms in 2005-2014 were characterized by employment decrease and labor intensity fall. The FJO firms' employment was stable but they have significantly less employment and much less labor intensity (lower social results) in a comparison with RO firms.

Suggested Citation

  • Vladislav Spitsin & Alexandr Mikhalchuk & Darya Novoseltzeva & Anton Boznyakov & Lubov Spitsina & Irina Antonova, 2016. "Domestic and Foreign Firms in Russian Food Industry for the Period of 2005-2014," International Journal of Economics and Financial Issues, International Journal of Economics and Financial Issues, vol. 6(4), pages 1413-1418.
    • Handle: RePEc:eco:journ1:2016-04-17
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    References listed on IDEAS

    as
    1. Vladislav Spitsin & Aleksandr Mikhalchuk & Lubov Spitsina & Nataliya Tyuleneva & Darya Novoseltseva, 2016. "Social Results of Domestic and Foreign Firms: Case Manufacture of Transport Equipment in Russia," International Journal of Economics and Financial Issues, International Journal of Economics and Financial Issues, vol. 6(1), pages 147-153.
    2. Thomas Reardon, 2015. "The hidden middle: the quiet revolution in the midstream of agrifood value chains in developing countries," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 31(1), pages 45-63.
    3. Salman Hyder & P.K. Bhargava, 2016. "Indian food processing industry - opportunities and challenges," International Journal of Economics and Business Research, Inderscience Enterprises Ltd, vol. 11(1), pages 1-10.
    4. Stefan Hirsch & Jan Schiefer, 2016. "What Causes Firm Profitability Variation in the EU Food Industry? A Redux of Classical Approaches of Variance Decomposition," Agribusiness, John Wiley & Sons, Ltd., vol. 32(1), pages 79-92, January.
    5. Douglas Gollin & Lilli Teresa Probst, 2015. "Food and agriculture: shifting landscapes for policy," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 31(1), pages 8-25.
    6. Carl E. Pray & Keith O. Fuglie, 2015. "Agricultural Research by the Private Sector," Annual Review of Resource Economics, Annual Reviews, vol. 7(1), pages 399-424, October.
    7. Attila Jambor & Nuno Carlos Leitão, 2016. "Industry-specific determinants of vertical intra-industry trade: the case of EU new member states’ agri-food sector," Post-Communist Economies, Taylor & Francis Journals, vol. 28(1), pages 34-48, January.
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    Cited by:

    1. Andrei Trifonov & Alexandr Mikhalchuk & Vladislav Spitsin & Marina Ryzhkova & Lubov Spitsina & Anton Boznyakov, 2017. "Development of Domestic and Foreign Industrial Enterprises in Russia," International Journal of Economics and Financial Issues, International Journal of Economics and Financial Issues, vol. 7(2), pages 59-67.

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    Keywords

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    JEL classification:

    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • L66 - Industrial Organization - - Industry Studies: Manufacturing - - - Food; Beverages; Cosmetics; Tobacco
    • C10 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - General

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