What is Behind the Fall in Russian Agricultural Production?

This study analyses the causal factors of fall in Russian farm output focusing on financial determinants. Translog production function is estimated on panel of 17653 large-scale farms for 1996-1998 period using fixed-effects and accounting for inter-regional climate differences. Output elasticities are analysed for sub-samples of crop and animal producing farms. The research findings show that budget transfers to the farms are inefficient and result in taxation of farms. Farms are operating under the soft budget constraints that have to be removed to improve farm production performance.


Issue Date:
2002
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/24785
Total Pages:
14
Series Statement:
Contributed Paper




 Record created 2017-04-01, last modified 2017-04-26

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