Agrarian Inflation (Agflation): Theoretical Foundations and Empiric Data
https://doi.org/10.21686/2413-2829-2026-2-16-23
Abstract
Today’s inflation becomes more and more complicated and new types of it came into being. In theoretical aspect the author showed and summarized key characteristics of agflation by such symptoms as reasons, indicators, negative and positive impact in economy and anti-agflation mechanism. Agflation can influence agricultural industry in a positive way, while economy in general suffers certain costs. In struggle against agflartion we can identify tactical and strategic measures, which differ in time horizon. The article analyzes present day examples of agflation, their reasons and consequences. Empiric analysis of agflaion showed its strong dependence on geopolitical tension in the world. Analysis of ‘price discrepancy’ demonstrated that price on manufactured goods rises, only when the growth in prices on agricultural produce is lower. Lately we can observe greater widening of ‘price discrepancy’, which in its turn can make the re-distributional effect in economy stronger. The necessity of active regulation of pricing processes in agriculture was explained.
About the Author
D. I. Ramazanov
Ivanovo branch of the Plekhanov Russian University of Economics
Russian Federation
Russian Federation
Dzhalaludin I. Ramazanov - PhD, Associate Professor,
Associate Professor of the Department of Economics and Applied Informatics
53 Dzerzhinsky Str., Ivanovo, 153025, Russian Federation
References
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Review
For citations:
Ramazanov D.I. Agrarian Inflation (Agflation): Theoretical Foundations and Empiric Data. Vestnik of the Plekhanov Russian University of Economics. 2026;(2):16-23. (In Russ.) https://doi.org/10.21686/2413-2829-2026-2-16-23
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