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Effects of Export Control Policy on Food Security: The Case of the Grain Market in Russia

Author

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  • B. A. Kheifets

    (Institute of Economics, Russian Academy of Sciences)

  • V. Yu. Chernova

    (Peoples’ Friendship University of Russia (RUDN University))

Abstract

A discussion is provided of the issues arising from a grain export control policy aimed at stabilizing domestic prices and strengthening food security. It is shown that in recent years, the gross grain harvest in Russia has exceeded the total volume of domestic consumption and exports. Russia has repeatedly introduced measures to restrict grain exports in connection with the rise in prices in the domestic market, but these measures have only exacerbated the tensions. It is concluded that export restrictions have little potential to curb food inflation, and they adversely affect the development of the grain sector. It is proposed to focus on alternative methods of stabilizing the situation in the food market. These methods should set the following priorities: ensuring a stable growth and increased efficiency of the grain sector based on its technological modernization, improving the institutional structure, and increasing the efficiency of government policy. Transitional measures could include quotas for domestic supply and targeted food assistance programs for low-income population groups.

Suggested Citation

  • B. A. Kheifets & V. Yu. Chernova, 2022. "Effects of Export Control Policy on Food Security: The Case of the Grain Market in Russia," Studies on Russian Economic Development, Springer, vol. 33(2), pages 211-217, April.
    • Handle: RePEc:spr:sorede:v:33:y:2022:i:2:d:10.1134_s107570072202006x
    DOI: 10.1134/S107570072202006X
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    References listed on IDEAS

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    1. Estrades, Carmen, 2015. "The Role of Export Restrictions in Agriculture Trade," 2015: Trade and Societal Well-Being, December 13-15, 2015, Clearwater Beach, Florida 229229, International Agricultural Trade Research Consortium.
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    4. Brian D. Wright, 2011. "The Economics of Grain Price Volatility," Applied Economic Perspectives and Policy, Agricultural and Applied Economics Association, vol. 33(1), pages 32-58.
    5. M. Yu. Ksenofontov & D. A. Polzikov & A. V. Urus, 2019. "Food Security and Grain Market Regulation in Russia," Studies on Russian Economic Development, Springer, vol. 30(6), pages 606-613, November.
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