Abstract
In this article, the authors propose and put into practice a methodology for conducting hierarchical analysis of the development of the crop-farming market, the scientific-methodological basis for which is the development of a factor model for assessing the interrelationship between the outcomes of engaging production potential and market infrastructure in the crop-farming sector and the modeling and adaptive forecasting of the parameters of local crop-farming markets, as well as developing forecast scenarios for the development of their potential. The methodology was tested through the example of local crop-farming markets in constituent regions of the North Caucasian Federal District (NCFD) of the Russian Federation (RF). The methodology brings to light the potential for the future growth of markets under study and enables us to compare the special aspects of reproducing crop-farming products in different regional localities, the dynamics of the development of corresponding local markets, and fluctuations in the main parameters of the markets.
Highlights
The process of global integration of economic relations is naturally complemented by the process of regional differentiation, which facilitates the singling out, in the aggregate flow of the development of the world market, of a set of specific branches in the evolution of local markets with a different scale, development level, and character of products circulating in them
The methodology brings to light the potential for the future growth of markets under study and enables us to compare the special aspects of reproducing crop-farming products in different regional localities, the dynamics of the development of corresponding local markets, and fluctuations in the main parameters of the markets
In the course of a systemic study into the sustainable development of local crop-farming markets, the author worked out a methodology for gradual analysis of the process under study, which is grounded in comparing the special aspects of reproduction of crop-farming products in different regional localities, the dynamics of the development of corresponding local markets, and fluctuations in the main parameters of the markets; the proposed approach focuses attention on analysis of major systemic blocks in the market: the resource block, the intensity of economic relations block, and the realization block
Summary
The process of global integration of economic relations is naturally complemented by the process of regional differentiation, which facilitates the singling out, in the aggregate flow of the development of the world market, of a set of specific branches in the evolution of local markets with a different scale, development level, and character of products circulating in them. This circumstance in full measure relates to the development of local crop-farming markets in modern Russia, oriented towards satisfying a societal need for products which form the basis of the nutrition of the population of corresponding regions. The above markets still possess substantial potential for growth, as, starting in 2000, they have demonstrated a major growth
Sign-in/Register to view highlights & summary Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
