Kosheleva M.M.Saratov Socio-Economic University, Branch of Plekhanov Russian University of Economics, Saratov, Russian Federation masha_aspirant@mail.ru
Importance Insurance as a risk management tool in agriculture of the Russian Federation is underutilized, and agricultural insurance of the State support has many drawbacks and does not perform its functions that confronts science and practice with the need to address a number of the problems existing in this area. In the modern conditions, the urgent need to improve the efficiency of agricultural insurance with the State support has determined the need for carrying out of this research. The object of the research is the agricultural insurance with providing of the State support. The subject is to determine the result of subsidizing of insurance premiums. Objectives The purpose of this study is to analyze the current state of the State support to the agricultural insurance of the Russian Federation, and to find the solutions to overcome the adverse processes in this area. Methods In this paper, using the method of correlation and regression, we analyze the main target indicators characterizing the State support of the agricultural insurance for the period from 2001 to 2013. Results The analysis led to the identification of the impact on the area under crops with the insured amount of subsidies from the budgets of all levels allocated to compensation for part of the insurance premium. Conclusions and Relevance In modern conditions, the agricultural insurance with the State support in the Russian Federation is not effective due to a mismatch of damage sustained by agricultural producers in the result of occurrence of the adverse climatic conditions, and an insurance indemnity paid to them. We emphasize that despite the increase of the budget expenditures of all levels, it leads to the additional expenditures of budget for the financial support of the agricultural producers, as well as to failure of the State to fulfil its obligations with regard to the compensation of the part of insurance premium.
Bidzhidov K.D. Agrostrakhovanie v Rossii: sozdanie natsional'noi sistemy, otve-chayushchei vyzovam sovremennosti [Agricultural insurance in Russia: the creation of the national system, which meets the challenges of our time]. Available at: Link. (In Russ.)
Vystuplenie ministra sel'skogo khozyaistva Rossiiskoi Federatsii N.V. Fedorova na zasedanii Pravitel'stva Rossiiskoi Federatsii 25.10.2012 [Statement of Fedorov N.V., the Minister of Agriculture of the Russian Federation at the session of the Government of the Russian Federation of October 25, 2012]. Available at: Link. (In Russ.)
Zhuk I. Doroga do deneg – v dva raza koroche [The road to money is two times shorter]. Agrostrakhovanie i kreditovanie – Agricultural insurance and lending, 2011, no. 10, p. 20.
Kontseptsiya sovershenstvovaniya sel'skokhozyaistvennogo strakhovaniya [The concept of an agricultural insurance improvement]. Available at: http:// Link. (In Russ.)
Nosov V.V., Kotar O.K. Gosudarstvennoe uchastie v sel'skokhozyaistvennom strakhovanii: otechestvennaya praktika i mirovoi opyt [The State involvement in the agricultural insurance: domestic practice and international experience]. Vestnik Saratovskogo gosudarstvennogo agrarnogo universiteta im. N.I. Vavilova – Bulletin of Saratov State Agrarian Universitynamed after N.I. Vavilov, 2013, no. 1, pp. 82–87.
Soglasheniya VTO [The WTO agreements]. Available at: Link. (In Russ.)
Goodwin B.K. Problems with Market Insurance in Agriculture. American Journal of Agricultural Economics, 2001, vol. 83, p. 643–649.
Goodwin B.K., Vandeveer M.L., Deal J.L. An Empirical Analysis of Acreage Effects of Participation in the Federal Crop Insurance Program. American Journal of Agricultural Economics, 2004, vol. 86, pp. 1058–1077.
Miranda M.J., Glauber J.W. Systemic Risk, Reinsurance, and the Failure of Crop Insurance Markets. American Journal of Agricultural Economists, 1997, vol. 79, pp. 206–215.
Skees J. R. Agricultural Risk Management or Income Enhancement. Regulation, 1999, vol. 22 (1), pp. 35–43.
