ASSESSMENT OF THE LEVEL OF SECTORAL DIVERSIFICATION

DOI 10.32651/217-62

Issue № 7, 2021, article № 11, pages 62-64

Section: Agrofood market

Language: Russian

Original language title: ОЦЕНКА УРОВНЯ ОТРАСЛЕВОЙ ДИВЕРСИФИКАЦИИ

Keywords: AGRICULTURE, DIVERSIFICATION, HERFINDAL COEFFICIENT

Abstract: Diversification reduces the risks of significant fluctuations in economic performance in a crisis. The purpose of the study is to assess the level of sectoral diversification for agriculture in the Nizhny Novgorod region. The coefficient of sectoral differentiation in agriculture is defined as the inverse of the Herfindal index. The resulting low industry differentiation factor indicates low sustainability and high risks; a significant impact on the economy of the region of a decline in production or activity in agriculture. The prospects for diversification for sustainable rural development depend on the possibilities of involving available resources. The efficiency of the activities is determined by the ratio of revenue to assets. The most effective activities in the region are 01.70 "Hunting, catching and shooting of wild animals, including the provision of services in these areas" and 01.47 "Breeding of agricultural poultry."

Authors: Barishevskii Evgenii Vasilevich