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Regional Economics: Theory and Practice
 

The theoretical background for the effective development of beef raising

Vol. 18, Iss. 9, SEPTEMBER 2020

Received: 31 August 2020

Received in revised form: 2 September 2020

Accepted: 5 September 2020

Available online: 15 September 2020

Subject Heading: AGRO-INDUSTRIAL COMPLEX

JEL Classification: Р25

Pages: 1738–1749

https://doi.org/10.24891/re.18.9.1738

Titov N.L. Tatar Institute of Retraining Personals of Agribusiness (TIRPA), Kazan, Republic of Tatarstan, Russian Federation
Nikolay.Titov62@mail.ru

ORCID id: not available

Nizamutdinov M.M. Kazan State Agrarian University (Kazan SAU), Kazan, Republic of Tatarstan, Russian Federation
marat181@rambler.ru

ORCID id: not available

Klychova G.S. Kazan State Agrarian University (Kazan SAU), Kazan, Republic of Tatarstan, Russian Federation
kgaukgs@mail.ru

ORCID id: not available

Subject. This article explores the theoretical basis of the economic efficiency of production and classifies the performance figures of beef cattle husbandry.
Objectives. The article aims to define a system of indicators of beef cattle husbandry economic efficiency.
Methods. For the study, we used a comparative analysis.
Conclusions and Relevance. To assess the economic efficiency of agriculture production, it is necessary to use a set of indicators by beef cattle breeding sub-sector. The system of economic performance indicators of production needs to be transformed into a summarizing indicator. The results of the study can be applied in the theory and practice of determining the economic efficiency of the beef cattle industry.

Keywords: economic efficiency, beef cattle breeding, production cost, bovine cattle, system of indicators

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