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Proceedings of the National Academy of Sciences of Belarus. Agrarian Series

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METHODOLOGY AND METHOD OF DETERMINING PRODUCTION ADVANTAGES OF AGRARIAN REGIONS IN THE CONTEXT OF CLASSICAL ECONOMIC THEORIES

Abstract

Increase of the global hypercompetition on the background of the world economy instability in uncertain conditions necessitates searching for new ways of scientific analysis and identifying new processes for formation of sustainable competitive advantages of the national economy in general and in separate regions in particular. Competitive advantages of the region are formed by a combination of natural and geographical, social and economic, scientific and educational technical, information, cultural and institutional resources and conditions having developed in the region, distinguishing it from other regions and determining long-term perspectives for production of goods and services. Establishment of sustainable competitive advantages gives possibility to develop steadily under uncertain conditions and economic growth slowdown, which indicates the relevance of the considered subject importance. The article presents one of the possible application variants of classical scientific theories for regional advantages use in the production of goods in order to achieve economic benefits through a rational labor differentiation and activities results exchange, taking into account the specific nature and economic conditions within certain market communities. Based on classical economic theories, methodological provisions and methods for optimizing the agricultural production location are developed, taking into account the comparative (relative) advantages of the regions of Belarus. The approbation of the methodology allowed determining the ratings of economic feasibility for location of cattle milk and meat production in the regions of Belarus. 

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ISSN 1817-7204 (Print)
ISSN 1817-7239 (Online)