Strategic parameters of the purchasing power of the population's income in ensuring the economic accessibility of products from the agri-food sector

Issue № 8, 2024, article № 1, pages 3-15

Section: Agrarian policy: problems and decisions

Language: Russian

Original language title: СТРАТЕГИЧЕСКИЕ ПАРАМЕТРЫ ПОКУПАТЕЛЬНОЙ СПОСОБНОСТИ ДОХОДОВ НАСЕЛЕНИЯ В ОБЕСПЕЧЕНИИ ЭКОНОМИЧЕСКОЙ ДОСТУПНОСТИ ПРОДУКЦИИ АГРОПРОДОВОЛЬСТВЕННОГО СЕКТОРА РЕГИОНА

Keywords: AGRI-FOOD SECTOR, ECONOMIC ACCESSIBILITY, RATIONAL STANDARDS, CONSUMPTION LEVEL, STRATEGIC PARAMETERS, PURCHASING POWER, TERRITORIAL FACTOR

Abstract: The problem of ensuring a balance between food production and consumption at the level of rational standards is becoming controversial. The growth in the output of domestic products is accompanied to a greater extent by an increase in exports and to a lesser extent by an increase in domestic consumption. In solving the problem, the purchasing power of the population's income is of fundamental importance. The purpose of the study is to substantiate the strategic parameters of the purchasing power of the population’s income, ensuring the formation of economic accessibility for the main types of products to the level of rational consumption standards. To assess the level of development of economic accessibility, an indicator is used that characterizes the ratio of the level of consumption per capita with rational standards for each type of product. In the process of studying the analytical relationship between purchasing power and economic accessibility, the natural and economic conditions of the territories were taken into account. As a result of the study, logarithmic equations were obtained that describe the formation of economic accessibility from price (ratio of household income and purchase prices of products, share of consumption expenditures) and territorial (natural and economic conditions) factors. An assessment of the elasticity coefficients of the models shows that economic accessibility for the main types of products will change in the same direction as purchasing power. A simultaneous increase in prices and incomes of the population (as this usually happens) will reduce the economic availability of products, the availability of which, other things being equal (personal income, purchase prices), will be higher in territories with more favorable natural and economic factors. Through analytical transformations of the models, the “desired” parameters of purchasing power are determined, helping to ensure the economic accessibility of products. The scientific novelty lies in the fact that the provisions of the theory of the law of demand in the agri-food market are supplemented with knowledge about the optimal proportions of population income and product purchase prices when forming economic accessibility, taking into account the territorial factor. Scientific developments are useful to participants in strategic planning of the agro-industrial complex as tools to support decision-making at the goal-setting stage.

Authors: Samygin Denis IUrevich, ZHiliakov Dmitrii Ivanovich, Takmakova Elena Valerevna, Taktarova Svetlana Viktorovna