Institutional contributions to agricultural producer price stability

Abstract

This paper compares the main intersectoral and national agricultural institutions in Russia and Switzerland during the period 2004–2019 and uses data from the Food and Agriculture Organization (FAO), an ordinary least squares model and fixed-effects models to assess the contributions of governments, sectoral producer organisations and companies to agricultural producer price stability. We find significant correlations of price stability with institutional settings that increase actor flexibility—namely a high share of imports in consumption and embedding the supply chain into a network. Our results show that agricultural producer price stability in Russia and Switzerland does not decrease during the period 2004–2019 and depends on both institutional conditions and economic factors.

Impact of global trade agreements on agricultural producer prices in Asian countries

“…Agricultural producers' price stability is highly dependent on economic factors [ 99 ]. Hence, we will discuss domestic economic conditions after discussing the impact of GATT, WTO, and DDA implementations.…”

“…Farmers in Thailand who receive extensive education can improve their access to village development grants, modernize their farms, and start small businesses [ 115 ]. Increasing human capital for policymakers has been shown to stabilize agricultural producer prices and make farming more profitable [ 99 ].…”

Assessing the Short-term Effect of Exchange Rate Liberalisation on Food Import Prices: The Regression Discontinuity in Time Employed for Russian Food Markets in 2014

“…Consequently, all the final effects were interpreted as the effects of the embargo and sometimes explained with Russian rouble depreciation without precise quantitative evidence of exchange rate policy liberalisation. Exceptions are, for instance, Loginova and Irek [55] , who examined only meat markets and were rather focused on vertical price transmission than on price stability, and also Loginova and Mann [56] , who studied price stability in the long term and in conditions of various agricultural institutions. The present study attempted to fill this gap for Russian food import prices, and the setting used in the present study was valuable for assessing the effects of the intervention far enough (in time) from other interventions.…”

Institutional trends of Russian agriculture as problems and advantages of development

“…Loginova, D., Mann, S. [8] examined the impact of institutional factors generated by the government, producer organizations and individual companies on the price stability of farms. Hassan F. A.…”