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Growth factors in the agriculture of Russia

Vasily Uzun, Natalia Shagaida (), Ekaterina Gataulina and Renata Yanbykh
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Renata Yanbykh: Gaidar Institute for Economic Policy

Published Papers from Gaidar Institute for Economic Policy

Abstract: In 2017, the harvest of cereals, including wheat, Russia’s top agricultural export commodity, hit its record high. This happened mostly due to a significant rise in wheat harvest against the three previous years (Tables 34, 35). At the same time, the record-high harvest caused problems with the transportation of grain from the regions of the Siberian Federal District. Agricultural producers also note a decline in the profitability of agricultural production (on the average, by 8.4 percent, to 12-14 percent[1]) due to the accelerated growth in the prices of inputs by comparison with that of the sales price of grain, which lagged behind because of the record-high harvest.

Keywords: Russian economy; agricultural production (search for similar items in EconPapers)
JEL-codes: Q13 Q14 Q15 Q16 Q17 Q18 (search for similar items in EconPapers)
Pages: 14 pages
Date: 2018, Revised 2018
New Economics Papers: this item is included in nep-agr, nep-cis and nep-tra
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Handle: RePEc:gai:ppaper:ppaper-2018-308