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Forecast of agricultural production growth and increase of domestic demand in terms of import substitution


Vartanova M.L.
(about the author)

Vartanova Marina Lvovna – (The Institute of Socio-Political Research under the Russian Academy of Sciences (ISPR RAS))

Published in:
Russian Journal of Entrepreneurship
– Volume 19, Number 6 (June 2018)

JEL classification: Q11, Q13, Q18

Keywords: agricultural products, agriculture, competitiveness, domestic demand, economic development, environment, food market, food security, forecasting, infrastructure, investment, modernization, population prospects, production


Citation:
Vartanova M.L. (2018). Forecast of agricultural production growth and increase of domestic demand in terms of import substitution. Russian Journal of Entrepreneurship, 19(6), 1803-1824. doi: 10.18334/rp.19.6.39243


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Abstract:

Currently, one of the main trends in the development of Russian agriculture is the technical modernization of the industry. Another important area is the subsidization of agricultural producers. However, according to the author, there are still many unresolved issues. Thus, production figures are growing every year, but against this background, the main problem in the coming years may be the mismatch of supply and demand. In all markets, there is a decline in consumer demand, associated with the deterioration of the solvency of the population. And all this, in turn, according to the study, can lead to the overflow of the market and lower prices for agricultural products.








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