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Research from Department of Agriculture Reveals New Findings on Applied Economics


  2012 APR 13 - (VerticalNews.com) -- According to the authors of recent research from Washington, District of Columbia, "In the 2000s, Russia emerged as a major player in world agricultural markets, on both the supply (mainly grain) and demand side."

  "This article examines Russias agricultural transition experience, which has resulted in a complex system of diverse producers and institutions, as well as uneven performance. Using a model of transition agriculture, the article explores how key reform policies drove systemic change and commodity restructuring, and how the ensuing changes in the production, consumption, and trade of goods have affected world markets," wrote W.M. Liefert and colleagues, Department of Agriculture.

  The researchers concluded: "The article also assesses the performance of Russian agriculture during transition, and provides an outlook for the future."

  Liefert and colleagues published their study in Applied Economic Perspectives and Policy (Russian Agriculture during Transition: Performance, Global Impact, and Outlook. Applied Economic Perspectives and Policy, 2012;34(1):37-75).

  For additional information, contact W.M. Liefert, Dept. of Agriculture, Market & Trade Econ Div, Econ Res Serv, Washington, DC 20250, United States.

  Publisher contact information for the journal Applied Economic Perspectives and Policy is: Oxford Univ Press Inc, Journals Dept, 2001 Evans Rd, Cary, NC 27513, USA.

  Keywords: City:Washington, State:District of Columbia, Country:United States, Region:North and Central America

  This article was prepared by VerticalNews Economics editors from staff and other reports. Copyright 2012, VerticalNews Economics via VerticalNews.com.

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