Regional Economics: Theory and Practice

The contemporary development of agriculture of the Kemerovo oblast: Tendencies, challenges, and solutions

Vol. 16, Iss. 2, FEBRUARY 2018

Received: 28 September 2017

Received in revised form: 7 November 2017

Accepted: 10 December 2017

Available online: 15 February 2018


JEL Classification: Q13, Q14, Q17, Q18

Pages: 335–347

Gavrilenko D.S. Institute of Economics and Management of Kemerovo State University (KemSU), Kemerovo, Russian Federation

ORCID id: not available

Kalacheva I.V. Institute of Economics and Management of Kemerovo State University (KemSU), Kemerovo, Russian Federation

ORCID id: not available

Subject This article examines the state-of-the-art of agriculture and agricultural product market of the Russian Federation and the Kemerovo oblast, in particular.
Objectives The article aims to define the range of the main problems of industry development and develop measures to improve the conditions of agricultural sector development both at the country level and within a specific region.
Methods For the study, we used the methods of logical and statistical analyses.
Results The article identifies key factors and major trends in, as well as financial and administrative barriers to the development of the agricultural sector.
Conclusions The main problem for the effective development of agriculture is a low level of investment in the industry due to the high risks associated with seasonality of production, climatic and natural conditions. The solutions proposed in the article will allow for the modernization of production in the face of a cash deficit and contribute to an increase in investment flows.

Keywords: agriculture, food facility, investment, activity, innovation, leasing, efficiency


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