1. bookVolume 3 (2020): Issue 1 (August 2020)
Journal Details
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Journal
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30 Sep 2018
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English
access type Open Access

The Study of Factors that Caused High Profitability of Russian Fisheries in 2014-2016

Published Online: 10 Aug 2020
Page range: 420 - 429
Received: 01 Feb 2020
Accepted: 01 Mar 2020
Journal Details
License
Format
Journal
First Published
30 Sep 2018
Publication timeframe
1 time per year
Languages
English
Abstract

The purpose of the research is to find the reasons that led to unusually high profitability in Russian fisheries in 2014-2016. The analysis showed that the main driver of profitability growth is the growth of domestic prices for fish and fish products, which outstripped the overall food inflation. Governmental support for fishing led to a rapid increase in fishing rent, which was almost entirely appropriated by fishing companies. But such a basis for the growth of Russian fishing is unstable in the medium and long term.

Keywords

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