Title: Calculating production cost of livestock enterprises

Authors: Flyuza Anvarovna Tukayeva; Vitaliy Alekseevich Kovshov; Milyausha Tagirovna Lukyanova; Rasul Uzbekovich Gusmanov; Tatiana Konstantinovna Demidova; Elena Olegovna Tulupova; Aigul Munavirovna Hazieva

Addresses: Department of Economics and Management, Federal State Budgetary Educational Establishment of Higher Education 'Bashkir State Agrarian University', Ufa, Russian Federation ' Department of Economics and Management, Federal State Budgetary Educational Establishment of Higher Education 'Bashkir State Agrarian University', Ufa, Russian Federation ' Department of Economics and Management, Federal State Budgetary Educational Establishment of Higher Education 'Bashkir State Agrarian University', Ufa, Russian Federation ' Department of Economics and Management, Federal State Budgetary Educational Establishment of Higher Education 'Bashkir State Agrarian University', Ufa, Russian Federation ' Department of International Law and International Relations of the Institute of Law, Federal State Budgetary Educational Establishment of Higher Education 'Bashkir State Agrarian University', Ufa, Russian Federation ' Department of Theory of State and Law of the Institute of Law, Federal State Budgetary Educational Establishment of Higher Education 'Bashkir State Agrarian University', Ufa, Russian Federation ' Department of Accounting, Statistics and Information Systems in Economy, Federal State Budgetary Educational Establishment of Higher Education 'Bashkir State Agrarian University', Ufa, Russian Federation

Abstract: The purpose of this study is econometric modelling of the cost price of livestock weight gain, as well as the determination of factors affecting the cost price. Multiple correlation-regression modelling of the cost price of cattle weight gain by 'farm-years' methods and models was carried out on the basis of panel data of livestock enterprises in the Republic of Bashkortostan of the Russian Federation for 2009-2017. The most significant factors in terms of influence on the cost price of cattle weight gain are: the cost of one quintal of feed, feed consumption per head of cattle, as well as the productivity of cattle. The results and methods of this study can be applied by officials of the Republic of Bashkortostan and the Russian Federation when analysing the economic indicators of enterprises in the agro-industrial complex and developing federal and regional strategies and tactics for the development of the agro-industrial complex.

Keywords: animal husbandry; cost; econometric model; panel data method; production.

DOI: 10.1504/IJSAMI.2021.10040319

International Journal of Sustainable Agricultural Management and Informatics, 2021 Vol.7 No.3, pp.166 - 182

Received: 17 Nov 2020
Accepted: 09 Feb 2021

Published online: 12 Oct 2021 *

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