Domestic and Foreign Firms in Russian Food Industry for the Period of 2005-2014

Authors

  • Vladislav Spitsin Tomsk Polytechnic University http://orcid.org/0000-0002-8360-7590
  • Alexandr Mikhalchuk Tomsk Polytechnic University
  • Darya Novoseltseva Tomsk Polytechnic University
  • Anton Boznyakov Tomsk Polytechnic University
  • Lubov Spitsina Tomsk Polytechnic University
  • Irina Antonova Tomsk Polytechnic University

Abstract

The article studies the economic and social results of companies in Russian (domestic) ownership (RO) and companies in foreign and joint ownership (FJO) in the food industry of Russia. Using economic analysis and analysis of variance we investigated main indicators for 2005-2014 at the level of Russia and Russian regions. The analysis showed that RO firms are dominating in Russian food industry, but in some regions the foreign and joint firms are prevail. We found that the advanced development of foreign firms was observed during the period of 2005-2013, but the joint firms' share decreased for this period. In 2014 the significant growth of RO firms' production volumes was revealed. RO firms in 2005-2014 were characterized by employment decrease and labor intensity fall. The FJO firms' employment was stable but they have significantly less employment and much less labor intensity (lower social results) in a comparison with RO firms.

Keywords: Domestic and foreign and joint enterprises, food industry, economic analysis, analysis of variance, Russia and Russian regions.

JEL Classifications: O100, L660, C100.

Downloads

Download data is not yet available.

Author Biographies

Vladislav Spitsin, Tomsk Polytechnic University

Department of Management, Associate Professor

Alexandr Mikhalchuk, Tomsk Polytechnic University

Department of Higher Mathematics and Mathematical Physics, Associate Professor

Darya Novoseltseva, Tomsk Polytechnic University

Department of Higher Mathematics and Mathematical Physics

Anton Boznyakov, Tomsk Polytechnic University

Department of Higher Mathematics and Mathematical Physics

Lubov Spitsina, Tomsk Polytechnic University

5Department of Economics, Associate Professor

Irina Antonova, Tomsk Polytechnic University

Department of Management, Associate Professor

Downloads

Published

2016-10-21

How to Cite

Spitsin, V., Mikhalchuk, A., Novoseltseva, D., Boznyakov, A., Spitsina, L., & Antonova, I. (2016). Domestic and Foreign Firms in Russian Food Industry for the Period of 2005-2014. International Journal of Economics and Financial Issues, 6(4), 1413–1418. Retrieved from https://www.econjournals.com/index.php/ijefi/article/view/2795

Issue

Section

Articles

Most read articles by the same author(s)