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Directions to Improve Economic Efficiency of Regional Production

Author

Listed:
  • I. N. Sycheva
  • O. Yu. Voronkova
  • T. M. Vorozheykina
  • G. R. Yusupova
  • A. N. Semenova

Abstract

The paper provides theoretical grounding and the directions for improving the economic efficiency of the regional feedstuff production. The study develops a conceptual model of distributing management functions of feedstuff production between the regional authorities of state sectoral and economic management and the district level. The authors suggest the methodology for calculating potential capacity of intraregional feedstuff market, considering the demands of all categories of agricultural manufacturers. The study examines possibilities for implementing the strategy of diversified growth and development of the intraregional feedstuff market, including the terms of interaction between the large and micro-business inside the industry and cooperation of micro-business feedstuff manufacturers with agricultural production. The authors have developed the methodology for assessing the efficiency of feedstuff production, based on the aggregate estimation of the management organization, conditions for the development of feedstuff production and changes in the feedstuff production and livestock breeding industry.

Suggested Citation

  • I. N. Sycheva & O. Yu. Voronkova & T. M. Vorozheykina & G. R. Yusupova & A. N. Semenova, 2018. "Directions to Improve Economic Efficiency of Regional Production," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 3), pages 50-61.
    • Handle: RePEc:ers:journl:v:xxi:y:2018:i:special3:p:50-61
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    References listed on IDEAS

    as
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    12. I.N. Sycheva & Y.L. Ovchinnicov & O.Yu. Voronkova & E.M. Akhmetshin & V.V. Kolmakov & A.G. Vasilieva, 2018. "Economic Potential and Development Prospects of Small Businesses in Rural Areas," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 292-303.
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    More about this item

    Keywords

    Development of feedstuff production; institutional mechanism; method for efficiency determination.;
    All these keywords.

    JEL classification:

    • L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General
    • R10 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General
    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • D61 - Microeconomics - - Welfare Economics - - - Allocative Efficiency; Cost-Benefit Analysis

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