Agriculture in 2018: Decline or Growth?
Russian Economy in 2018. Trends and Outlooks (Issue 40). 2019. Moscow. IEP, pp. 231-251
23 Pages Posted: 18 Sep 2019
Date Written: September 5, 2019
Abstract
Over recent years, agriculture – if we choose to look at available data prior to their adjustment based on the results of the All-Russia Agricultural Census – has been growing at a sufficiently high rate: in 2013 – by 5.8 percent, in 2014 – by 3.5, in 2015 – by 2.6, in 2016 – by 4.8, and in 2017 – by 2.5 percent3. Overall, growth over the course of 5 years amounted to 20.7 percent. Based on Rosstat’s current statistics, managers on both the federal and regional levels describe the development pattern of the agroindustrial complex (AIC) as a breakthrough and a leap forward. We likewise mentioned this fact in our overviews released over several previous years. However, in 2018, there were some problems involved in the estimation of the growth rate both for 2018 and for the previous years.
Keywords: Russian economy, agriculture
JEL Classification: Q14, Q16, Q17, Q18
Suggested Citation: Suggested Citation