FEATURES OF THE FORMATION OF ACCUMULATION AND CONSUMPTION IN RUSSIAN AGRICULTURE

DOI 10.32651/239-2

Issue № 9, 2023, article № 1, pages 2-12

Section: Program-target management of development of agricultural production

Language: Russian

Original language title: ОСОБЕННОСТИ ФОРМИРОВАНИЯ НАКОПЛЕНИЯ И ПОТРЕБЛЕНИЯ В СЕЛЬСКОМ ХОЗЯЙСТВЕ РОССИИ

Keywords: GROSS OUTPUT, CONSUMPTION, GVA, ACCUMULATION, MATERIAL COSTS, INVESTMENTS, PRICES, AGRICULTURE

Abstract: The article is devoted to the study of the formation of accumulation and consumption in agriculture in Russia and the identification of structural transformations that affect the level of development of the agricultural sector. The authors emphasize that in recent years the agricultural sector of the economy has achieved significant success: the growth of agricultural production in 2022 amounted to 110.2%, Russia retains the status of a net exporter of agricultural products for the third year in a row. At the same time, there are negative trends affecting the level of accumulation: the volume of investments in fixed assets in agriculture in 2022 decreased by 8.2%, profitability decreased by 5.6 percentage points. In addition, the disproportions in price relations in the agro-industrial complex also have a significant impact: as a result of an increase in the share of costs for material means of production, there was an increase in intermediate consumption in the agricultural sector. In recent years, there has been a decrease in the physical volume of retail trade turnover (including food products), as well as the downward trend in real disposable monetary incomes of the population, which affects consumption. The article notes that at present negative trends have also formed in gross accumulation: its low level and growth rates do not allow achieving technical and technological modernization of production and ensuring import substitution. The authors note that it is necessary to increase the accumulation rate to 26-28%. It is important not only to increase the accumulation rate, but also to ensure its growth through structural adjustment – providing the agricultural sector with machinery and equipment. It is also necessary to ensure the development and implementation of advanced technologies, the creation of new modern capacities and the development of human capital to ensure the growth of the potential of the agrarian economy in the medium and long term. Ensuring a balance between investment and consumption, the level and quality of life of the population is a key task at the present stage. At the same time, the growth of accumulation should not occur due to the reduction in consumption.

Authors: Maslova Vlada Viacheslovovna, Zaruk Natalia Fedorovna, Avdeev Mikhail Viktorovich