Analysis of institutional features of local economies for modern Ukrainian rural areas

Authors

DOI:

https://doi.org/10.15587/2312-8372.2016.66114

Keywords:

institutions, local economy, rural communities, institutional factors, history of the rural areas

Abstract

Analysis of institutional factors in explaining differences in socio-economic indicators of some rural communities is done. This area of scientific research is less confirmed in the application context; the importance of research is also due to the presence of established dysfunction as a consequence of market reforms in the agricultural sector. The basis of the research is the institutional theory and methodology to explain the current state of the community based on non-economic factors of historical content. Differences that can be explained by the nature and impact of institutional factors are defined for rural areas of Vinnytsia region. From this perspective, an attempt to economically assess these factors is made. Occurrence of these differences and their economic formalization is defined for investigated objects. The data is promising with further amendments of agrarian reform, which should be involved: an analysis of the institutional characteristics of individual entities, identifying the potential factors of their competitiveness, implementation of these factors in the process of upgrading economic relations.

Author Biographies

Олег Васильович Мороз, Vinnytsia National Technical University, Khmelnytsky Highway 95, Vinnytsia, Ukraine, 21000

Doctor of Economic Sciences, Professor

Department of Management and Economic Simulation

Володимир Михайлович Семцов, Vinnytsia National Technical University, Khmelnytsky Highway 95, Vinnytsia, Ukraine, 21000

Candidate of Economic Sciences, Associate Professor

Department of Management and Economic Simulation

Тетяна Володимирівна Вакар, Vinnytsia National Technical University, Khmelnytsky Highway 95, Vinnytsia, Ukraine, 21000

Applicant

Department of Management and Economic Simulation

Ольга Юріївна Кравчук, Vinnytsia National Technical University, Khmelnytsky Highway 95, Vinnytsia, Ukraine, 21000

Applicant

Department of Management and Economic Simulation

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Published

2016-03-29

How to Cite

Мороз, О. В., Семцов, В. М., Вакар, Т. В., & Кравчук, О. Ю. (2016). Analysis of institutional features of local economies for modern Ukrainian rural areas. Technology Audit and Production Reserves, 2(6(28), 10–14. https://doi.org/10.15587/2312-8372.2016.66114

Issue

Vol. 2 No. 6(28) (2016): Development of productive forces and regional economy. Economic cybernetics

Section

Development of Productive Forces and Regional Economy: Original Research

License

Copyright (c) 2016 Олег Васильович Мороз, Володимир Михайлович Семцов, Тетяна Володимирівна Вакар, Ольга Юріївна Кравчук

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