Efficiency of combination of industries and deepening of specializations in the agricultural sector of the RA economy

Authors

  • Volodya Manasyan ASEU

DOI:

https://doi.org/10.46991/BYSU:G/2021.12.1.037

Keywords:

combinations of industries, specialization and distribution, grain farming, dairy and beef cattle breeding, feed balance, profitability level, market competition

Abstract

The article analyzes the impact of the combination of sub-sectors and the deepening of specialization and territorial agricultural production on its economic efficiency. The factors of economic efficiency of the combination of sub-sectors were identified for the main types of products - grain and milk. For this, various forms of management were grouped according to the level of specialization, the effect of economies of scale on the level of profitability of production was revealed.Comparison of the main economic indicators of different forms of farming, for which grain cultivation or dairy and beef cattle breeding was a sub-industry, indicates that with an increase in the sown area or the number of cows, the economic efficiency of the agricultural production resources  increases, despite the higher material and monetary costs based on per 1 hectare of grain crops or 1 unit of livestock.

Author Biography

Volodya Manasyan, ASEU

Associate Professor of the Chair of Environmental Economics

Published

2021-05-10

How to Cite

Manasyan, V. (2021). Efficiency of combination of industries and deepening of specializations in the agricultural sector of the RA economy. Bulletin of Yerevan University G: Economics, 12(1 (34), 37–51. https://doi.org/10.46991/BYSU:G/2021.12.1.037

Issue

Section

Management