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Institutional contributions to agricultural producer price stability

Author

Listed:
  • Daria Loginova

    (Federal Office of Economics)

  • Stefan Mann

    (Federal Office of Economics)

Abstract

This paper compares the main intersectoral and national agricultural institutions in Russia and Switzerland during the period 2004–2019 and uses data from the Food and Agriculture Organization (FAO), an ordinary least squares model and fixed-effects models to assess the contributions of governments, sectoral producer organisations and companies to agricultural producer price stability. We find significant correlations of price stability with institutional settings that increase actor flexibility—namely a high share of imports in consumption and embedding the supply chain into a network. Our results show that agricultural producer price stability in Russia and Switzerland does not decrease during the period 2004–2019 and depends on both institutional conditions and economic factors.

Suggested Citation

  • Daria Loginova & Stefan Mann, 2022. "Institutional contributions to agricultural producer price stability," Agricultural and Food Economics, Springer;Italian Society of Agricultural Economics (SIDEA), vol. 10(1), pages 1-22, December.
    • Handle: RePEc:spr:agfoec:v:10:y:2022:i:1:d:10.1186_s40100-022-00219-6
    DOI: 10.1186/s40100-022-00219-6
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    Price stability; Agricultural policies; Institutional effects; Russia; Switzerland;
    All these keywords.

    JEL classification:

    • O43 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth
    • Q14 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Finance
    • Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy; Animal Welfare Policy

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