RUSSIAN AGRICULTURAL TRADE PERFOMANCE AND ITS COMPARATIVE ADVANTAGE DEVELOPMENT

Elza Kondakchian

Master's thesis

Abstract:

Today Russia clearly understands the importance of the agricultural sector competitiveness development. There are some compelling reasons. For example, Russian accession in 2012 to the World Trade Organization and recent retaliatory sanctions affecting trade between Russia and especially western countries, new directions and priorities of Russian agricultural and trade policy.Thus the agricultural trade performance of Russia and possibilities of its comparative advantage development are sufficiently urgent problems.The aims of this research work are to specify changes in the territorial structure and commodity of Russia, comparative advantages in the agricultural trade policy, food safety and food security policies and identify the current positions of Russian agricultural sector on the international trade market and its future development possibilities.The Diploma Thesis explains the importance of the rational international trade activities through the historical review of the economists works from different periods of time. Practical part of the present investigation is based on application of the wide range of statistical and econometric tools. Research findings helped to understand the main products, where Russia has comparative advantages on the international agricultural market: fish, aquatic invertebrates; cereals, oil seeds, oleagic fruits, animal vegetable fats and oils, cleavage products, etc. At the same time according to the analysis Russia is keeping the highest Lafay index value especially in relation to the following countries (2014): Turkey, Kazakhstan, Republic of Korea, Azerbaijan and Iran. Additionally, it is taken into account the present sanctions of Russia and their influence on agricultural competitiveness development. The applied sanctions particularly reduced the value of agrarian imports and resulted in the growth of Russian production capacities.

Keywords

agriculture, trade, structure, products, Russia, territories, comparative advantage, value, development

Language used: English

Date on which the thesis was submitted / produced: 30. 3. 2016

Thesis defence

• Supervisor: doc. Ing. Luboš Smutka, Ph.D.

Czech University of Life Sciences Prague

Faculty of Economics and Management

Master programme / field:
Economics and Management / Economics and Management