Assessment of the economic component of agricultural land use in the Russian Federation

Issue № 5, 2023, article № 7, pages 54-59

Section: Economic mechanism of managing

Language: Russian

Original language title: ОЦЕНКА ЭКОНОМИЧЕСКОЙ СОСТАВЛЯЮЩЕЙ СЕЛЬСКОХОЗЯЙСТВЕННОГО ЗЕМЛЕПОЛЬЗОВАНИЯ В РОССИЙСКОЙ ФЕДЕРАЦИИ

Keywords: AGRICULTURAL LAND USE, ECONOMIC INSTRUMENT, INVESTMENT ATTRACTIVENESS, INVESTMENT EFFICIENCY INDICATORS

Abstract: The assessment of the economic component of agricultural land use involves the determination of indicators of the effectiveness of investing in cultivated crops, taking into account the established sown area and yield in the Russian Federation for 2010-2022. The identified investment attractiveness of agricultural land use is likely to be used by institutional actors of the mechanism, structured according to the levels of state, local and on-farm management in order to increase the commercial potential of agriculture. The identified circumstances affecting agricultural land use (actual sown area, crop yield, discount rate) are fundamental in making a decision on the prospective cultivation of crops. The institutional environment as an ordered set of formal and informal rules, institutions that define the substantive framework of economic behavior and form the basis for the production, exchange and distribution of resources mediates agricultural land use through the formation of an organizational and economic mechanism limited by the cost and availability of basic resources. The study made it possible to identify crops that are not only economically viable for promising cultivation (sunflower for grain, winter and spring wheat, leguminous crops), but also provide an increase in the profits of agricultural land users according to the initial data of 2022. The possibility of using the calculated analytical indicators of the investment efficiency of crop cultivation for the long-term planning of crop rotations on agricultural land plots has been established.

Authors: Pototskaia Liudmila Nikolaevna