ON THE PRICE FACTORS OF INCREASING THE INVESTMENT ATTRACTIVENESS OF THE AGRICULTURE

Issue № 8, 2023, article № 3, pages 27-34

Section: Investment and innovation in agriculture

Language: Russian

Original language title: О ЦЕНОВЫХ ФАКТОРАХ ПОВЫШЕНИЯ ИНВЕСТИЦИОННОЙ ПРИВЛЕКАТЕЛЬНОСТИ СЕЛЬСКОГО ХОЗЯЙСТВА

Keywords: PRICES, INVESTMENT ATTRACTIVENESS, PRICE RELATIONS, PRICE DISPARITY, FOOD INFLATION, AGRICULTURE, AGRIBUSINESS

Abstract: The stable price system is one of the key aspects of ensuring the balanced development of the agricultural sector and increasing its investment attractiveness. The profitability of agricultural production and the possibility of increasing the volume of investment resources depends on the emerging level of prices for agricultural products and the price ratio between different areas of agriculture. In addition, the level of food inflation and the dynamics of real disposable incomes of the population also have an impact on the stable functioning of the agri-food market and on the volume of additional revenue of producers. This article analyzes the key price factors that influence the investment attractiveness of the agricultural sector of the economy. In recent years, as a result of the global crisis caused by the pandemic, as well as the aggravated geopolitical situation in 2022 and the sanctions pressure on the domestic economy, there have been significant price fluctuations in various areas of agriculture and the consumer market. The author notes that in recent years there has been an increase in price disparity between agriculture and other branches of the agro-industrial complex, faster growth rates of agricultural organizations' costs and changes in their structure in terms of increasing costs for material means of production, as well as the decrease in the share of agricultural producers in the structure of retail prices for certain types of products. The article analyzes the price situation in the agro-food market of the regions of the Russia in the period 2017-2022. The author has compiled the rating of the country's regions based on the calculation of the parity ratio of prices of agricultural producers with other branches of the agro-industrial complex and consumer prices for food. The article also identifies the main negative trends in the system of prices and price relations in the agro-industrial complex and suggests the main measures to ensure a stable price situation in the agro-food market

Authors: Avdeev Mikhail Viktorovich