2/2016-049-Iurkova

Posted on by

Iurkova Marina PhD (Economics), Senior Researcher, Povolzhskiy Scientific Research Institute of Economics and Organization of Agroindustrial Complex, Saratov, Russia12 Shehurdin Str., Saratov, 410010, Russia marina-mss@mail.ru Serdobintsev Dmitry PhD (Economics), Head of Sector of Development Cooperation and Integration, Povolzhskiy Scientific Research Institute of Economics and Organization of Agroindustrial Complex, Saratov, Russia12 Shehurdin Str., Saratov, 410010, Russia dvss@bk.ru  

 

INCREASE IN INVESTMENT APPEAL AND COMPETITIVENESS OF AGRARIAN AND INDUSTRIAL COMPLEX OF THE VOLGA REGION

 

 

Abstract: In article, dynamics and tendencies of development of production of main types of agricultural products (grain, meat, milk), whole-milk and sausage products, production of bakery in the Russian Federation, the Volga Region Federal District and the Volga region are analysed. The characteristics of major factors of investment attractiveness of the regions included into the Volga Region Federal District where 15% of all agricultural products of the Russian Federation are being produced has been carried out. It is substantiated that without proper state support it is ompossible to increase profitability of agrarian industries and, consequently, attract short-term and long-term private investments.

Investment attractiveness factors to be mentioned are: the governmental budget subsidies and devaluation of the national currency; interest to the Russian agrarian sector among the large agroholdings and other groups of investors. The main directions of investment flows are production of grain and vegetable growing, which are main industries for the majority of regions of the Volga Region Federal District. For self-sufficiency of the regions and narrow specialisation overcoming, it is necessary to develop cooperation, communications and integration in agrarian sector among the regions of the Volga Region Federal District.

Keywords: investments, agricultural industry, competition, grain; Russia; Volga Region Federal District; Volga region.

JEL Classification: Q10, Q14, Q19

 

Bibliography

 

OZHERELYEV, V. N., OZHERELYEVA, M. V., PODOBY, N. V., 2016. Ways of increase in profitability of agricultural producers: Economy of agricultural and processing enterprises, 3, 32-35 (in Russ.).

THE FEDERAL GOVERNMENT, 2015. The order of the Russian Government about the priority directions of development of agricultural industry. Retrieved from: http://council.gov.ru/media/documents/pdf/zAa7HIVvekfJCpYGFzmAxPJVubAOrZx2.pdf (in Russ.)

BOLSHEFAKTOV.RU, 2016. How the structure of GDP of Russia in 2015 changed? Retrieved from: http://bolshefaktov.ru/tag/vvp-rossii (in Russ.)

VOLGA REGION RESEARCH INSTITUTION OF ECONOMY AND AGRARIAN AND INDUSTRIAL COMPLEX ORGANIZATION, 2015. The mechanism of cooperation processes in agro-industrial complex of the region: research report of Federal Public Budgetary Scientific Institution „Volga Region Research Institution of Economy and Agrarian and Industrial Complex Organization“: Saratov: typography TsVP „Saratov Source“, p. 40 (in Russ).

FABUS, M., 2014. Foreign direct investment and its impact on the Slovak Republic’s economy Ekonomicnij casopis-XXI (Economic Annals-XXI), 9-10(1), 42-45. Retrieved from: http://soskin.info/ea/2014/9-10/201414.html

MILKNEWS.RU, 2016. The volume of investment into agrarian and industrial complex of the Russian Federation in 2015 grew by 5%. News of the dairy market. Retrieved from: http://milknews.ru/index/novosti-moloko_6608.html (in Rus)

THE FEDERAL GOVERNMENT, 2016. State program „Development of agricultural industry and regulation of the markets of agricultural products, raw materials and food for 2013-2020“. Retrieved from: http://www.mcx.ru (in Russ.)

KUZNETSOV, N., IURKOVA, M., SHIBAYKIN, V., NOVIKOVA, N., SADOVNIKOVA, Е., 2016. Interaction and influence of investment process stimulating factors in agriculture on the main tendencies of russian agrarian sector development Ekonomicnij casopis-XXI (Economic Annals-XXI), 158(3-4(2)), 26-30. Retrieved from: http://soskin.info/ea/2016/158-3-4-2/zmist

NIKITYUK, T., BAULA, O., 2015. Innovative-investment development of Ukraine: modern realities and necessary changes Ekonomicnij casopis-XXI (Economic Annals-XXI), 3-4(2), 17-20. Retrieved from: http://soskin.info/ea/2015/3-4-2/20158.html (in Ukr.)

PORTER, M. E., 2008. The Five Competitive Forces that Shape Strategy: Harvard Business Review, January, p. 86.

MAGRETTA, J., 2013. Understanding Michael Porter. The Essential Guide to Competition and Strategy. Moscow: “Mann, Ivanov & Ferber” publishing house, p. 272 (in Russ.).

IURKOVA, M. S., 2015. Specific features of the process of forming prices for agricultural products in Russia: Science review, 20, 231-235 (in Russ.).

IURKOVA, М. S., LIKHOVTSOVA, E. A., 2016. Impact of state policy on the investment attractiveness of AIC sectors and the main development trends of Russia’s agrarian sector: Science review: theory and practice, 1, 60-71 (in Russ.).

IURKOVA, M. S., LIKHOVTSOVA, E. A., GULJAJEVA, D. N., 2016. Problems and prospects of modern development of dairy cattle breeding: Agrarian scientific journal, 8, 95-100 (in Russ.).

BUSINESSUCHET.RU, 2016. Unified agricultural tax. Retrieved from: http://www.businessuchet.ru/content/document_r_C959DCA3-F636-43E4-AB43-DA9CC5BEC77E.html (in Russ.)