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Regional Economics: Theory and Practice
 

The impact of economic sanctions on the regional feedstuff production (the Volgograd oblast case study)

Vol. 13, Iss. 34, SEPTEMBER 2015

PDF  Article PDF Version

Received: 2 March 2015

Received in revised form: 26 March 2015

Accepted: 14 May 2015

Available online: 30 September 2015

Subject Heading: AGRO-INDUSTRIAL COMPLEX

JEL Classification: 

Pages: 53-60

Volkov S.K. Volgograd State Technical University, Volgograd, Russian Federation
rambiente2@rambler.ru

Orlova O.V. Volgograd State Technical University, Volgograd, Russian Federation
olga_orlova@mail.ru

Vorokhov N.D. Volgograd State Technical University, Volgograd, Russian
Federationghnikit@mail.ru

Importance The article discusses the problems of the economic impact on the livestock of the Volgograd oblast. The paper considers the impact of economic sanctions on two major enterprises of the Volgograd oblast, engaged in the production of fodder and vitamin and mineral supplements for farm animals.
     Objectives The aim of the study is to identify the dependencies of price movements and volume of production of premixes and protein products on procurement changes of components of this type of feed additives.
     Methods A content analysis of the official State Statistics Service data, as well as textual material of printed periodicals served as a methodological basis of the study.
     Results We evaluated the activities of the two region's enterprises engaged in the production of fodder additives; studied the effectiveness of the import substitution program in the agricultural sector; analyzed the usefulness of different types of protein feed supplements as an alternative to imports; and revealed a high degree of dependence of the livestock industry in the oblast on importing components for the production of fodder additives.
     Conclusions and Relevance We concluded that there is no impact of economic sanctions on the livestock industry of the Volgograd oblast. The results of this research can be used in the development of special economic measures relating to the prohibition of importation of certain agricultural products. We offer certain recommendations for further implementation of the import substitution program to reduce the dependency of individual sectors of the agro-industrial complex on foreign goods.

Keywords: economic sanctions, Volgograd oblast, import substitution, animal husbandry, crop production, premixes, agricultural sector

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