Financial mechanism of state land regulation in Ukraine
The paper is devoted to research of existing variants of land reform in Ukraine towards cancelling the moratorium on the sale-purchase of agricultural lands. The authors prove that the financial function of the land is realized insufficiently, which is connected with the absence of open land market...
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2017-04-01
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doaj-e803cf1113b145db8613e5d34cc2a8502020-11-25T00:46:45ZengLLC "CPC "Business Perspectives"Accounting and Financial Control2543-54852544-14502017-04-0111152210.21511/afc.01(1).2017.029466Financial mechanism of state land regulation in UkraineSerhiy Frolov0Nataliya Pedchenko1Nataliya Vygovska2Doctor of Economics, University of Customs and Finance, DniproDoctor of Economics, Professor, First Vice- Rector of Poltava University of Economics and TradeDoctor of Economics, Professor, Zhytomyr State Technological University The paper is devoted to research of existing variants of land reform in Ukraine towards cancelling the moratorium on the sale-purchase of agricultural lands. The authors prove that the financial function of the land is realized insufficiently, which is connected with the absence of open land market and ineffective functioning of state land regulation financial mechanism. The aim of the paper is to substantiate the directions of state land regulation in Ukraine on the basis of evaluating the economic effect of cancelling the moratorium on the sale-purchase of agricultural lands. The authors analyzed three most likely variants of land reform at the current stage of Ukraine’s economy development, and calculated economic effect from its implementation. Based on the calculations, conclusion is made about the feasibility of gradually cancelling the moratorium, which corresponds to third variant under study, which is offered to be implemented in two stages: 1) sale of state and community lands; 2) sale of private lands. Economic effect of implementing such a variant, calculated by the authors, gives a possibility to create additional annual cash flow to local budgets in the amount of 68-83 %, which is more than the revenue of other variants described in the paper. It is proven that for possibility to put the variant offered into practice, it is necessary to observe some prerequisites (organizational, financial, legal and regulatory), valuation of which enabled to offer the directions to improve state land regulation, the realization of which would favor the full functioning of agricultural land market.https://businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/9466/AFC_2017_01_Frolov.pdfagricultural landseconomic effectfinancial mechanismland reformmoratoriumstate regulation |
collection |
DOAJ |
language |
English |
format |
Article |
sources |
DOAJ |
author |
Serhiy Frolov Nataliya Pedchenko Nataliya Vygovska |
spellingShingle |
Serhiy Frolov Nataliya Pedchenko Nataliya Vygovska Financial mechanism of state land regulation in Ukraine Accounting and Financial Control agricultural lands economic effect financial mechanism land reform moratorium state regulation |
author_facet |
Serhiy Frolov Nataliya Pedchenko Nataliya Vygovska |
author_sort |
Serhiy Frolov |
title |
Financial mechanism of state land regulation in Ukraine |
title_short |
Financial mechanism of state land regulation in Ukraine |
title_full |
Financial mechanism of state land regulation in Ukraine |
title_fullStr |
Financial mechanism of state land regulation in Ukraine |
title_full_unstemmed |
Financial mechanism of state land regulation in Ukraine |
title_sort |
financial mechanism of state land regulation in ukraine |
publisher |
LLC "CPC "Business Perspectives" |
series |
Accounting and Financial Control |
issn |
2543-5485 2544-1450 |
publishDate |
2017-04-01 |
description |
The paper is devoted to research of existing variants of land reform in Ukraine towards cancelling the moratorium on the sale-purchase of agricultural lands. The authors prove that the financial function of the land is realized insufficiently, which is connected with the absence of open land market and ineffective functioning of state land regulation financial mechanism. The aim of the paper is to substantiate the directions of state land regulation in Ukraine on the basis of evaluating the economic effect of cancelling the moratorium on the sale-purchase of agricultural lands. The authors analyzed three most likely variants of land reform at the current stage of Ukraine’s economy development, and calculated economic effect from its implementation. Based on the calculations, conclusion is made about the feasibility of gradually cancelling the moratorium, which corresponds to third variant under study, which is offered to be implemented in two stages: 1) sale of state and community lands; 2) sale of private lands. Economic effect of implementing such a variant, calculated by the authors, gives a possibility to create additional annual cash flow to local budgets in the amount of 68-83 %, which is more than the revenue of other variants described in the paper. It is proven that for possibility to put the variant offered into practice, it is necessary to observe some prerequisites (organizational, financial, legal and regulatory), valuation of which enabled to offer the directions to improve state land regulation, the realization of which would favor the full functioning of agricultural land market. |
topic |
agricultural lands economic effect financial mechanism land reform moratorium state regulation |
url |
https://businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/9466/AFC_2017_01_Frolov.pdf |
work_keys_str_mv |
AT serhiyfrolov financialmechanismofstatelandregulationinukraine AT nataliyapedchenko financialmechanismofstatelandregulationinukraine AT nataliyavygovska financialmechanismofstatelandregulationinukraine |
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