Institutional Changes: An Application of the Economic Mechanisms Theory to the Allocation of Subsidies to Farmers in Russia

This article examines the possibility of constructing an optimal mechanism for the distribution of subsidies in Russian agricultural sector using the theory of economic mechanisms. The effectiveness of direct state support of agricultural companies is assessed. An approach to optimize the mechanism of subsidies on the basis of the model of rankings allocation of financial resources is presented.

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Year of publication:	2012
Authors:	A. Ktsoev.
Published in:	VOPROSY ECONOMIKI. - N.P. Redaktsiya zhurnala "Voprosy Economiki". - Vol. 11.2012
Publisher:	N.P. Redaktsiya zhurnala "Voprosy Economiki"
Subject:	design mechanism \| subsidy \| state support \| optimum criterion \| rating model

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Type of publication:	Article
Classification:	D02 - Institutions: Design, Formation, and Operations ; D23 - Organizational Behavior; Transaction Costs; Property Rights ; Q18 - Agricultural Policy; Food Policy
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010860866