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Regional Economics: Theory and Practice
 

Assessing the export potential of the region's agricultural sector

Vol. 20, Iss. 11, NOVEMBER 2022

Received: 5 September 2022

Received in revised form: 23 September 2022

Accepted: 8 October 2022

Available online: 15 November 2022

Subject Heading: AGRO-INDUSTRIAL COMPLEX

JEL Classification: Q02, Q17, R58

Pages: 2142–2159

https://doi.org/10.24891/re.20.11.2142

Ol'ga I. KARPOVA Central Russian Institute of Management, Branch of RANEPA, Orel, Russian Federation
sviridova.o@list.ru

ORCID id: not available

Subject. This article considers exports as a key driver of development of the agricultural sector at the regional level.
Objectives. The article aims to analyze the possibility of organizing the production of fundamentally new export goods for the region.
Methods. For the study, I used the abstract and logical, case methods, and various mathematical methods.
Results. The article presents the rating of agricultural goods in accordance with their export potential. As key indicators for assessing the export potential of the regional agro-industrial complex, the article proposes to use the level of self-sufficiency, balance of resources, the Herfindahl – Hirschman index, and the ratio of world and domestic prices for exported agricultural products.
Conclusions. The developed methodology can be used to determine the level of diversification of the export basket of agricultural products and the degree of concentration of exporters in the agricultural market of the region.

Keywords: export capacity, agricultural raw materials, food products, agrarian sector, Herfindahl – Hirschman index, self-sufficiency level

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