Impact of regional diversity on production potential: an example of Russia

Maria Belyaeva, Heinrich Hockmann () and Friedrich Koch

No 168924, 142nd Seminar, May 29-30, 2014, Budapest, Hungary from European Association of Agricultural Economists

Abstract: Russia is often considered the most prominent country to become a leader on the world grain market. However, several issues slow down Russia’s agricultural progress, for example: a lack of infrastructure and investments, unequal regional development, and inefficient use of production technologies. This study therefore examines the grain production potential of Russian regions by employing a modified approach to stochastic frontier analysis that allows us to include not only production technologies, but also indicators of country’s heterogeneity and diversity among regions. Obtained results indicate that climate conditions in combination with the level of human and institutional development, and infrastructure have significant effect on the production structure of regions and therefore should not be neglected while assessing regional policies and production potential.

Keywords: Production; Economics (search for similar items in EconPapers)
Pages: 15
Date: 2014-05-19
New Economics Papers: this item is included in nep-cis, nep-eff and nep-tra
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Citations: View citations in EconPapers (1)

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Journal Article: Impact of regional diversity on production potential: an example of Russia (2015)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:eaa142:168924

DOI: 10.22004/ag.econ.168924

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