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Growth factors in the agriculture of Russia

Author

Listed:
  • Uzun Vasily

    (RANEPA)

  • Shagaida Natalia

    (Gaidar Institute for Economic Policy)

Abstract

In 2016, record-high yields of grain, including wheat, maize, sunflower, soya and sugar-beet were received. A new record in poultry meat production was set. Despite economic recession, gross agricultural output has been growing in the past few years. Such results are attributed by many experts to the effect of the embargo on imports of food from some countries and import substitution measures. However, neither the embargo nor import substitution was a decisive factor behind growth in agriculture. The most important factors were the interest of the business in developing agriculture, depreciation of the ruble and favorable weather conditions of the past few years.

Suggested Citation

  • Uzun Vasily & Shagaida Natalia, 2017. "Growth factors in the agriculture of Russia," Published Papers ppaper-2017-279, Gaidar Institute for Economic Policy, revised 2017.
    • Handle: RePEc:gai:ppaper:ppaper-2017-279
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    File URL: https://www.iep.ru/files/RePEc/gai/ppaper/ppaper-2017-279.pdf
    File Function: Revised version, 2017
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    More about this item

    Keywords

    Russian economy; agricultural production;

    JEL classification:

    • Q13 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Markets and Marketing; Cooperatives; Agribusiness
    • Q14 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Finance
    • Q15 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Land Ownership and Tenure; Land Reform; Land Use; Irrigation; Agriculture and Environment
    • Q16 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - R&D; Agricultural Technology; Biofuels; Agricultural Extension Services
    • Q17 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agriculture in International Trade
    • Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy; Animal Welfare Policy

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