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Regional Economics: Theory and Practice
 

Economic evaluation of agricultural modernization and technical potential of the Oryol region

Vol. 11, Iss. 9, MARCH 2013

Available online: 13 March 2013

Subject Heading: Regional development strategy

JEL Classification: 

Stavtsev A.N. PhD in Economics, Senior Researcher, the All-Russian Research Institute of Agricultural Economics
stavcheek@mail.ru

Strategic factor in the effective functioning of the agriculture is its technical potential, due to high labor intensity of agricultural production. That's why upgrading technical capacity is a prerequisite for sustainable economic development. The economic assessment of sources of financing and the directions of technical re-equipment of agrarian and industrial complex of the Oryol region is carried out. The system of modernization of park of equipment and the equipment in agriculture is defined.

Keywords: technical potential, agriculture, long-term investments, Orel region

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ISSN 2311-8733 (Online)
ISSN 2073-1477 (Print)

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