How the price of agricultural producers influenced the growth dynamics in agriculture in Kabardino-Balkaria

Issue № 2, 2022, article № 7, pages 48-56

Section: Economic mechanism of managing

Language: Russian

Original language title: КАК ВЛИЯЛА ЦЕНА ПРОИЗВОДИТЕЛЕЙ СЕЛЬСКОХОЗЯЙСТВЕННОЙ ПРОДУКЦИИ НА ДИНАМИКУ РОСТА В СЕЛЬСКОМ ХОЗЯЙСТВЕ КАБАРДИНО-БАЛКАРИИ

Keywords: AGRICULTURE, GROSS AGRICULTURAL OUTPUT, PRODUCER PRICES, STRUCTURE OF MANUFACTURED PRODUCTS, GROWTH TRAJECTORY, LAMINARIZATION OF THE GROWTH TRAJECTORY

Abstract: Agriculture is actively promoting itself as a driver of the national economy. In contrast to many sectors of the national economy, in recent years, it has shown growth. However, this growth is not always and not everywhere (including segmental) is characterized by stability and quality, periods of high growth are replaced by a sharp decline and even stagnation. In addition, they deviate markedly from the calculated ones. In this connection, an important task is to identify specific causes, factors, conditions and mechanisms that affect the growth trajectory. Regardless of the periods and events, the important factors providing growth are the price and structure of products. However, it is not clear in what relationships both of the above factors interact on the growth trajectory and how they affect the dynamics of the latter. In connection with the latter, it is necessary to identify the main mechanisms of the influence of producer prices and the structure of products on the dynamics of production in agriculture, to formalize and quantify this influence, and also to formulate measures that ensure the necessary proportions of the development of the dynamics of agriculture. Using the ideology of Navier-Stokes equation we stratified (laminarized) the trajectory of gross agricultural output (GAP) into its components: the trajectory of GAP growth in 1991 prices, The trajectory of producer prices and the trajectory of sectoral structure; by comparing the selected trajectories the areas of the highest and the lowest amplitudes were identified; by means of correlation coefficients the interrelations between the trajectories were calculated; the areas of high, moderate and low correlations were revealed; apparently, the price accelerates the trajectory of GAP growth exactly at these areas, where the synchronism in the trajectories is observed; it was suggested that the influence of producer prices on the trajectory of GAP growth is segmentary. In connection with the obtained results it is suggested: a) to carry out point episodic regulation of prices of separate commodity segments by providing various incentives and benefits to producers and consumers, b) to influence prices by active commodity interventions, c) to take into account the described correlations between trajectories in software products.

Authors: Rakhaev KHadis Magomedovich, Bakkuev Eldar Safarovich, Giatov Anzor Viacheslavovich