Production function analysis of the regional agriculture within the framework of the state development program implementation

Issue № 10, 2018, article № 7, pages 42-48

Section: Agricultural policy and state regulation of the agro-industrial complex

Language: Russian

Original language title: АНАЛИЗ ПРОИЗВОДСТВЕННОЙ ФУНКЦИИ РЕГИОНАЛЬНОГО СЕЛЬСКОГО ХОЗЯЙСТВА В РАМКАХ РЕАЛИЗАЦИИ ГОСУДАРСТВЕННОЙ ПРОГРАММЫ РАЗВИТИЯ

Keywords: AGRICULTURAL DEVELOPMENT PROGRAMS, PRODUCTION FUNCTION, LABOR AND CAPITAL ELASTICITY OF PRODUCTION, TECH-NOLOGICAL SUBSTITUTION OF PRODUCTION FACTORS

Abstract: In the article, regarding efficiency and effectiveness, the programs of an agriculture development support onthe federal and regional level are considered. The possible influence of agrarian support measures was investigatedwithin state programs from the standpoint of agroproduction function parameters shift. A two-factor production mod-el, consuming capital and labor resources, was adopted as a basis. The coefficients of capital and labor elasticity intotal for the period from 2005 to 2017, and on extreme segments of the investigated range are analyzed. The norm oftechnological substitution is determined. The conclusions on changes in production function during the period of thestate development program are made, recommendations on perfection of its forming and realization process are giv-en.

Authors: SHestakov Roman Borisovich, Alpatov Anton Viacheslavovich, Lovchikova Elena Ionovna, KHashir Bella Olegovna