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Assessment of competitiveness factors of agriculture in the context of the pandemic
Agrarian Perspectives XXX. Sources of competitiveness under pandemic and environmental shocks, Proceedings of the 30th International Scientific Conference, Prague, Czech Republic ; 2021.
Article in English | CAB Abstracts | ID: covidwho-1824373
ABSTRACT
The article discusses the state of agriculture in the context of a pandemic, as well as factors that influenced the strengthening of the competitive advantages of the industry. The study compared indicators and factors of agricultural competitiveness in 2020 in comparison with the previous period. The analysis showed that agriculture was less affected by restrictions due to the coronavirus than other sectors of the economy, therefore, the main trends in production and the formation of gross value added remained during the pandemic. The study noted that a 3.5% decrease in real money income of the population in 2020 affected the purchasing power of income and the structure of consumption of certain types of food, which could lead to a redistribution of production resources. The article notes the impact of the devaluation of the national currency, which contributed to the rise in the cost of imported food and the strengthening of the competitive advantage of domestic producers in the domestic market and the export of agricultural products. As a result, despite many negative trends, Russian agriculture has demonstrated high stability and positive dynamics of development, strengthening its position in the world market. Positive factors were inelastic demand for food and significant government support, favorable weather conditions, which contributed to agricultural production and an increase in export volumes. As the analysis has shown, the competitive advantages of the industry manifested themselves not only in comparison with other types of economic activity, but also in strengthening the country's position in the world food market, where the country is becoming one of the leading exporters.
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Collection: Databases of international organizations Database: CAB Abstracts Language: English Journal: Agrarian Perspectives XXX. Sources of competitiveness under pandemic and environmental shocks, Proceedings of the 30th International Scientific Conference, Prague, Czech Republic Year: 2021 Document Type: Article

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Collection: Databases of international organizations Database: CAB Abstracts Language: English Journal: Agrarian Perspectives XXX. Sources of competitiveness under pandemic and environmental shocks, Proceedings of the 30th International Scientific Conference, Prague, Czech Republic Year: 2021 Document Type: Article