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Evolution of institutional structure of agro-industrial complex of Russia: 150-year trajectory of «traps»

Evolution of institutional structure of agro-industrial complex of Russia: 150-year trajectory of «traps»

Journal of Economic Regulation, , Vol. 6 (no. 4),

The authors have carried out a system-evolutional analysis of the institutional structure of local agroindustrial complex being a complicated historical process of suboptimal institutions and mechanisms’ changing in the negative aspect. The authors have made an attempt to specify the substance and content of the ‘agro-industrial institutional structure’ notion. The classification of agro-industrial institutional structure various forms by means of functional, level and reproduction approaches is elaborated in the article. General logics of periodization and historical tendencies in Russian agroindustrial complex institutional structure since 1861 and up to the present are given in the paper. Specific institutional agro-industrial complex “traps” according to evolution stages and implementation levels are presented. As a result, the authors have clarified the domain and developed basic categorial pattern of the agro-industrial complex institutional economic theory. The authors state that institutional structure, being the agro-industrial complex’s aspected factorial subsystem, is nothing but a complex of stable functional-status relations between economic entities in developing an integrated system of institutions, norms, rules, standards, procedures and institutes in the course of applying agrobiocenosis.

Keywords: agro-industrial complex; institutional structure; institutions; institutes; transactional costs; evolution; institutional “traps”

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