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Abstract

The main objective of this article is to study the main results of the transformation of farms in the agro-industrial field of the Russian economy using the methodology of the institutional theory. In the framework of achievement of this objective, the theoretical approaches of Chayanov to the definition of peasant business patterns, which provide an increment in knowledge in this field, were analysed by the authors. The application of the methods of institutional analysis allows the authors to advance a hypothesis about the dual nature of farms: The institution as an organization and the institution as a system of formal and informal institutions, making it possible to develop new approaches in studying the specifics of Russian farms. Moreover, a comparative analysis of the institutional transformation of various business patterns in the period between the first and the second All-Russian agricultural censuses is performed; the conditions for the sustainability and further development of the farms in the agro-industrial complex of the Russian Federation are determined.

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Abstract

The main objective of this article is to study the main results of the transformation of farms in the agro-industrial field of the Russian economy using the methodology of the institutional theory. In the framework of achievement of this objective, the theoretical approaches of Chayanov to the definition of peasant business patterns, which provide an increment in knowledge in this field, were analysed by the authors. The application of the methods of institutional analysis allows the authors to advance a hypothesis about the dual nature of farms: The institution as an organization and the institution as a system of formal and informal institutions, making it possible to develop new approaches in studying the specifics of Russian farms. Moreover, a comparative analysis of the institutional transformation of various business patterns in the period between the first and the second All-Russian agricultural censuses is performed; the conditions for the sustainability and further development of the farms in the agro-industrial complex of the Russian Federation are determined.

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