Evaluating the Effectiveness of Subsidies for Increasing Innovation in Crop Production in the Pskov Region: A Methodological Approach

The article systematizes the basic methodological provisions, the main approaches to the monitoring and evaluation of the state support of agriculture. Critical features of existing approaches used to calculate the effectiveness of the support used by the World Trade Organization are determined. The article reveals the shortcomings of the approach to evaluation of the effectiveness of subsidization as a mechanism to enhance innovative activity in the crop production of the Pskov region. The analysis of the dynamics and trends of subsidization in crop production of the Pskov region, which showed a change in the vector of the support – the transition to per-hectare support for agrarians – is carried out. In the course of the study, a list of the lines of subsidization designed to ensure the innovative development of agricultural enterprises engaged in the crop production in the Pskov region is concretized. The author develops a methodological approach allowing to define the influence of subsidization on key economic indicators of production activity in the crop production of the Pskov region. The effectiveness of subsidization as a mechanism for increasing innovative activities of the regional crop production is evaluated.