Innovation Policy and Sustainable Regional Development in Agriculture: A Case Study of the Stavropol Territory, Russia

Anastasia Chaplitskaya, Wim Heijman, Johan van Ophem and Olga Kusakina
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Anastasia Chaplitskaya: Agricultural Economics and Rural Policy Group, Wageningen University and Research, 6706KN Wageningen, The Netherlands
Wim Heijman: Agricultural Economics and Rural Policy Group, Wageningen University and Research, 6706KN Wageningen, The Netherlands
Johan van Ophem: Urban Economics Group, Wageningen University and Research, 6706KN Wageningen, The Netherlands
Olga Kusakina: Department of Economic Theory and Applied Economics, Economic Faculty, Stavropol State Agrarian University, 355017 Stavropol, Russia

Sustainability, 2021, vol. 13, issue 6, 1-13

Abstract: This paper considers innovations as one of the factors of sustainable agricultural development of the Stavropol Territory. It focuses on the impact of state policy at the regional level in the field of innovations on the sustainable development of the region’s agriculture. This paper tests whether the implementation of the policy in innovations increased the sustainable growth of agricultural development. To do so, a model with switch variables was used. Principle component analysis was used to calculate a composite sustainability index of selected socio-economic and environmental indicators. The hypothesis that the introduction of a state policy aimed at innovation has a positive impact on the sustainable development of the regional agriculture was corroborated. We also assessed the impact of implementing this policy within each dimension separately. The socio-economic indicator is more important than the environmental indicator.

Keywords: agricultural policy; innovations; principal component analysis; switching regression model; composite indicator; state program (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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