Identifying differences in capital growth trajectories of agricultural enterprises in Russia
The great diversity of farms with regard to production, ownership and/or corporate structure and significant initial undercapitalization characteristic for post-socialist countries can be assumed to form conditions that allowed for diverse farm development strategies. The aim of this paper is to ide...
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ftdatacite:10.22004/ag.econ.245112 2023-05-15T17:46:05+02:00 Identifying differences in capital growth trajectories of agricultural enterprises in Russia Epstein, David Curtiss, Jarmila Epstein, David Curtiss, Jarmila 2016 https://dx.doi.org/10.22004/ag.econ.245112 https://ageconsearch.umn.edu/record/245112 en eng Unknown Agricultural and Food Policy Financial performance capital growth group-based trajectory modelling Russia agroholdings article-journal Text ScholarlyArticle 2016 ftdatacite https://doi.org/10.22004/ag.econ.245112 2021-11-05T12:55:41Z The great diversity of farms with regard to production, ownership and/or corporate structure and significant initial undercapitalization characteristic for post-socialist countries can be assumed to form conditions that allowed for diverse farm development strategies. The aim of this paper is to identify significantly different farm capital growth trajectories that characterize structural development of Russian agriculture. Special attention is paid to financial performance and strategies of agriholding farms. We apply a semi-parametric group-based trajectory modelling approach on the financial statement data of agricultural enterprises from northwest Russia from 2001 to 2012. We identified five groups of farms with significantly different growth trajectories. Most representative for the analyzed region are farms with continuous close to zero capital growth, while other (smaller) groups of farms display high fixed capital growth of various levels. Most farms incorporated into holding structures, predominantly very large farms, are found to display high financial performance and secure gradual growth. Text Northwest Russia DataCite Metadata Store (German National Library of Science and Technology) |
institution |
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DataCite Metadata Store (German National Library of Science and Technology) |
op_collection_id |
ftdatacite |
language |
English |
topic |
Agricultural and Food Policy Financial performance capital growth group-based trajectory modelling Russia agroholdings |
spellingShingle |
Agricultural and Food Policy Financial performance capital growth group-based trajectory modelling Russia agroholdings Epstein, David Curtiss, Jarmila Epstein, David Curtiss, Jarmila Identifying differences in capital growth trajectories of agricultural enterprises in Russia |
topic_facet |
Agricultural and Food Policy Financial performance capital growth group-based trajectory modelling Russia agroholdings |
description |
The great diversity of farms with regard to production, ownership and/or corporate structure and significant initial undercapitalization characteristic for post-socialist countries can be assumed to form conditions that allowed for diverse farm development strategies. The aim of this paper is to identify significantly different farm capital growth trajectories that characterize structural development of Russian agriculture. Special attention is paid to financial performance and strategies of agriholding farms. We apply a semi-parametric group-based trajectory modelling approach on the financial statement data of agricultural enterprises from northwest Russia from 2001 to 2012. We identified five groups of farms with significantly different growth trajectories. Most representative for the analyzed region are farms with continuous close to zero capital growth, while other (smaller) groups of farms display high fixed capital growth of various levels. Most farms incorporated into holding structures, predominantly very large farms, are found to display high financial performance and secure gradual growth. |
format |
Text |
author |
Epstein, David Curtiss, Jarmila Epstein, David Curtiss, Jarmila |
author_facet |
Epstein, David Curtiss, Jarmila Epstein, David Curtiss, Jarmila |
author_sort |
Epstein, David |
title |
Identifying differences in capital growth trajectories of agricultural enterprises in Russia |
title_short |
Identifying differences in capital growth trajectories of agricultural enterprises in Russia |
title_full |
Identifying differences in capital growth trajectories of agricultural enterprises in Russia |
title_fullStr |
Identifying differences in capital growth trajectories of agricultural enterprises in Russia |
title_full_unstemmed |
Identifying differences in capital growth trajectories of agricultural enterprises in Russia |
title_sort |
identifying differences in capital growth trajectories of agricultural enterprises in russia |
publisher |
Unknown |
publishDate |
2016 |
url |
https://dx.doi.org/10.22004/ag.econ.245112 https://ageconsearch.umn.edu/record/245112 |
genre |
Northwest Russia |
genre_facet |
Northwest Russia |
op_doi |
https://doi.org/10.22004/ag.econ.245112 |
_version_ |
1766149429156380672 |