Compare of agricultural industry in United States, Russia, China and Japan

Zsarnóczai, J. Sándor [Zsarnóczai J., Sándor (Világgazdaságtan,...), author] Institute of Environmental Protection Engineering (ÓU / RSFLIEPE)

English Article (Journal Article) Scientific
Published: ECONOMICS & WORKING CAPITAL 2398-9491 2021 year (3-4 issue) pp. 15-23 2021
    • MTMT: 32695663
    • Science
    The study analyses reasons of differences of agricultural industry in United States, Russia Federation, China and Japan in fields of agricultural strategy and policy, namely general government subsidies to develop the agricultural industry and mechanization in period of 2010 and 2018. Overview the investment activities of these countries for applying the highly developed technology of agriculture to cover domestic food demands and possibly agricultural export. Motivation/Background: Selected countries have important ambition agricultural development, which can lead to increase their food and agricultural product export for the world market and their influences on the world market price of these products. Method: Use the comparing statistical system by statistical analyses for features of their agricultural sector. Results: In China the general government provided 237647 million US dollar in 2016, which has increased by 97,9% since 2010, while Russia Federation provided only 7240 US dollar for agricultural industry, decreased by 23% from 2010. Analyse the reasons and influences of less subsidies for agriculture in Russia, than in China. Also, the less irrigated lands and less favourable exchange rate of Russia could contribute to the less increase of agricultural value added per worker by 75% than in China by 101% for the same period. In 2019 in US the government expenditure for agricultural sector was enough for creating the agricultural gross value added per worker by 20 times more than in China. General Government subsidies of Japan were consequently considerable and these were 53396 million US dollar by the end of 2019, which have increased only by 1.7%, but seven times more than once of Russia. Conclusions: The future trend of agricultural prosperity should follow the more dynamic development in mechanization and more advanced value added exported agricultural products instead of partly manufactured or basic products of this sector in these countries.
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    2024-07-20 18:27