Impact of Government Support on Oilseeds Production

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Ecological Footprint of the Modern Economy and the Ways to Reduce It

Abstract

State regulation is based on implemented regulatory documents that directly or indirectly concern crop production and its resource support. The research aims to identify the impact of state support on the production of crops, particularly oilseeds. The research methodology is to assess the impact of state subsidies on the financial results of agricultural organizations as the main producers of oilseeds. The author compares changes in the budget subsidy and changes in sown areas and gross harvest of oilseeds. The author concludes that the support was more compensatory than stimulating and did not cover inflation. Further improvement of state regulation should be based on the development of an optimal relationship between the strategy and tactics for the development of agriculture in the regions and individual priority sub-sectors. One of the measures to support the Russian seed market could be the introduction of quotas for the import of foreign seeds into the Russian Federation.

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Correspondence to Artem V. Lukomets .

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Lukomets, A.V. (2024). Impact of Government Support on Oilseeds Production. In: Sergi, B.S., Popkova, E.G., Ostrovskaya, A.A., Chursin, A.A., Ragulina, Y.V. (eds) Ecological Footprint of the Modern Economy and the Ways to Reduce It. Advances in Science, Technology & Innovation. Springer, Cham. https://doi.org/10.1007/978-3-031-49711-7_53

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