ASSESSMENT OF THE OUTCOMES OF THE USE OF FOREIGN TRADE INSTRUMENTS TO REGULATE THE DOMESTIC MARKET OF AGRICULTURAL PRODUCTS IN RUSSIA

Abstract

The current stage of regulation of the domestic market of agricultural products using foreign trade restrictions, associated with the growth of world food prices in 2020-2022 solves the problem of preventing the transfer of growth in world prices to domestic prices. The need to assess the impact of the regulatory tools used on the state of agricultural producers forms a hypothesis and determines the relevance of the study. Objective: to assess the impact of foreign trade instruments for regulating the agricultural market on the state of its producers. Object: producers of agricultural products. Subject: production, consumption, export and import of agricultural products. The study was carried out at the Center of Agro-Food Policy, RANEPA, 2022. Methods and data: data from Rosstat, Ministry of Agriculture of the Russian Federation, Federal Tax Service of Russia, Federal Customs Service of Russia, Bank of Russia, FAS USDA, CEPII. The data and regulatory documents used, links to which are placed in the text of the study, are relevant as of May 2022. Methods of economic and statistical analysis were used during the study Results: assessment of the current regulation of the domestic market of agricultural goods and the prerequisites for the use of alternative instruments. Conclusions. The introduced export duty on grain crops performs a fiscal function and, in part, a regulatory function in terms of reducing domestic prices. The direct effect of the introduction of export customs duties is a multiple of the fiscal effect of the current tax system. There are disproportions in the distribution of the amount of collected duties - in regions with developed chains of vertical integration, the cost recovery rate per 1 ton is higher than in regions where the produced grain is fully sold on the market. The level of marketability of production has a significant impact on the amount of support. The transition to determining the amount of subsidies using the maximum level of co-financing of the expenditure obligation of the subject of the federation leads to a significant decrease in the funds received by manufacturers in regions with a high level of budgetary security. Research prospects. The analysis carried out serves as a basis for studying the effectiveness of domestic market regulation instruments, alternative to foreign trade restrictions.

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