Methods of Economic Analysis in Managerial Decision-Making for Russian Agricultural Organizations under Climate Change Conditions

Authors

DOI:

https://doi.org/10.31279/2782-6414-2025-2-6

Keywords:

еconomic analysis methods, climate risks, climate changes, agrotechnological adaptation, efficient irrigation systems

Abstract

Introduction. In the context of climate change, the role of economic analysis in managerial decision-making demonstrates a sustainable growth. Both globally and in Russia, changes in weather patterns—including rising temperatures, decreased precipitation, and increasingly frequent extreme phenomena—are being observed. These developments necessitate a reevaluation of traditional approaches to agricultural management, accounting methods and strategic decision-making. The effective use of economic analysis techniques enables agricultural organizations to make informed decisions, reduce economic risks and ensure sustainable development even in climate change. 
Aim. To identify the primary climatic factors that significantly influence the economic indicators of agricultural organizations and to determine the optimal methods of economic analysis for their consideration in managerial decision-making. 
Materials and methods. This research is based on a dialectical approach, observations, synthesis of disparate information and analysis of obtained results. The informational base comprises scientific works by scholars in the fields of economic analysis and climate risk, as well as studies conducted by consulting firms. 
Results. Economic analysis is considered as a tool for assessing economic risks. The application of various economic analysis methods, both individually and in combination, improves strategic planning at agricultural enterprises and reduces the impact of climate risks. Calculations demonstrating the influence of climate change on crop yields and how the application of economic analysis methods can help preserve yields in the long term are provided as evidence in Tatarstan Republic. 
Conclusions. This research identified climate factors such as changes in temperature regimes and precipitation levels as having a significant negative impact on the economic performance (e.g., crop yields, revenue) of agricultural organizations. Optimal methods of economic analysis, including sensitivity analysis, scenario analysis, regression analysis and cost-benefit analysis, have been identified. Their application will enable managers to more sufficiently account for these risks in strategic planning and decision-making processes.

 

To cite: Klychova G.S., Gorshkova Y.N. Methods of Economic Analysis in Managerial Decision-Making for Russian Agricultural Organizations under Climate Change Conditions. Research in Economic and Financial Problems. 2025;2:6. https://doi.org/10.31279/2782-6414-2025-2-6 

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Published

2025-06-30

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Section

Accounting, Auditing and Economic Statistics

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