Suchergebnisse

The purpose of the article is to reveal the experience of the functioning of the market circulation of agricultural land in Denmark, in order to further implement in Ukrainian practice, the positive and avoid negative aspects of this experience. Research methods. The study used an empirical method (comprehensive assessment of the modern model of market turnover of agricultural land in Denmark); generalization and systematization (construction of the concept and logical-structural model of economic turnover of lands); abstract-logical method (theoretical generalizations and formulation of conclusions). Research results. It was found that the tightly regulated market turnover of agricultural land in Denmark was changed to a more liberal one, with permission to buy land for foreigners, but this not only did not attract investment as expected, but on the contrary, led to even more negative and crisis phenomena in country. The main tools, mechanisms and conditions of land turnover in agriculture of this country are determined. Scientific novelty. The main purpose of regulating the market turnover of land in Danish agriculture has been established. The legal framework of Denmark for regulating the market circulation of agricultural land has been studied. The structural and logical scheme of market circulation of agricultural lands is formed. The provisions on the Ukrainian model of regulating the market turnover of agricultural lands were further developed, taking into account the experience of the studied country. Practical significance. The results of the study of the experience of the Kingdom of Denmark on the market turnover of land, in terms of granting non-residents access to the right to purchase agricultural land, is a clear practical answer and a caveat that should undoubtedly be taken into account in Ukraine. The application of the Danish experience should help to build an effective model of market turnover of agricultural land in our country. Tabl.: 1. Figs.: 1. Refs.: 18.

The main objective of the land reform in Ukraine, which was launched 22 years ago, is to involve agricultural land in full, efficient, and transparent economic (market) turnover. During different stages of transformations in land relations, in scientific, political, and social circles, the issue of market turnover of agricultural land was particularly acute and always caused many disputes about precisely what the market turnover of land should be. With the introduction (from July 2021) of the market turnover of agricultural land, questions about its functioning not only remained, but, on the contrary, additional tasks were added: which model of market turnover Ukraine has chosen; what are the results of the functioning of the market turnover of agricultural land; whether the model of market turnover of agricultural land corresponds to the European integration direction of Ukraine's development, etc. This study is focused on highlighting such issues, clearly revealing the essence of the subject through the analysis of statistical data, which in turn forms the relevance of the results presented. The purpose of the study is to cover and analyse the outcomes of the market turnover of agricultural land in Ukraine and to identify the existing issues. The purpose of the study is a comprehensive examination of the results of purchase and sale transactions of ownership rights to agricultural land plots concluded in Ukraine during 07/01/2021 – 07/01/2022 to determine the main trends in the results. The methods of analysis of the given subject were general scientific, including structural and functional (description and explanation of pricing and functioning of the market turnover of agricultural land); comparison (identification of discrepancies in the data of land value and the basis of its calculation on the basis of collected statistical data on the results of the market turnover of land), abstract and logical (generalisation and formulation of conclusions). Based on the findings, the results of the functioning of the market turnover of agricultural land were analysed, the causes of overstatement of land value were identified and the main price trends were established. The value of agricultural land is calculated by applying the median, the results are compared with the calculations of the average value. It is argued that the state authorities' data on the value of agricultural land is calculated incorrectly. The number and structure of concluded contracts for the sale and purchase of agricultural land in the context of regions are investigated. The value indicators of agricultural land depending on the location, purpose and type of land are highlighted. The main difficulties in the functioning of the market turnover of agricultural land have been identified. Prospects for further research are to find solutions to the existing problems of market turnover of agricultural land by applying the findings of the study.

The problems of organizing the functioning of the land market in Ukraine remain unregulated. Gradually, they have moved from the economic plane to the political one, thereby exacerbating social tensions in the society. The current state of land relations requires immediate reforms in terms of granting the right to almost 7 million citizens to dispose of their property. Therefore, the issue of completion of land reform and the introduction of agricultural land market is a responsible step for the state and provides for the development of a set of measures based on the forecast of socio-economic consequences for the whole society. This step may be related to the transfer of land to private ownership, formation of a multi-sectoral economy on the basis of ensuring equal development of various forms of management, ensuring conditions for the efficient and rational use of land. The authors emphasize that the draft laws on land turnover submitted for discussion do not specify the issue of transparency of the possible introduction of a free land market and contradict each other. They do not take into account the international experience of developed countries.

The purpose of the article is to reveal the basic incentives and strategic directions of land reforms in the world, the character of domestic transformations in the field of land tenure and land use and the possibility of implementing world experience in Ukraine. Research methods. Methods used: abstract-logical (in covering land relations in terms of basic human rights and goals of land reforms, finalizing findings), logical-historical and comparative analysis (in assessing the consequences of different approaches to land reforms), strategic analysis (in assessing the intentions and results of land reform in Ukraine). Research results. The purpose of land as a public wealth in the implementation of UN directions on human rights in general and the rights of peasants and other people in rural areas is highlighted. Fundamentally different approaches (egalitarian and market) to land reforms, their social and economic essence, and the role for the development of national economies are revealed. The nature of transformations in land relations in Ukraine, the impact of state agricultural policy, tendencies of further development of the agricultural land market and the directions of the egalitarian principles implementation in the improving its' mechanisms are assessed. Scientific novelty. The directions of strengthening state regulation of agricultural land market turnover in Ukraine under the basic human rights, rights of peasants and realizing public interests with elements of the egalitarian approach to land reforms are substantiated and their necessity is actualized. Practical significance. The research results implementation in improving the mechanisms of agricultural land market turnover in Ukraine will facilitate overcoming structural distortions in the agriculture, diversifying agricultural and rural development, reducing segregation in society in terms of quality of life. Refs.: 34.

AbstractThe study of labour market turnover is particularly significant in Latin America, which is characterized by marked economic cycles and limited social protection coverage. This article estimates the intensity of transitions from employment in six countries in Latin America in the new millennium and decomposes the differences observed, furthermore evaluating the employment destinations of workers making such transitions. The countries under analysis show very different turnover rates, which are mostly explained by a dissimilar incidence of informal and temporary employment. In all cases, a large share of job exits imply transitions to precarious jobs or unemployment.

Theory of overconfidence states that investors are highly overconfident when valuing the stocks. Self-attribution has been found by the researchers as the root cause for overconfidence bias in investors. Investors attribute the high stock prices and returns with their own art of picking up the stocks, and thus they trade more frequently. In order to test overconfidence and self-attribution Vector Autoregressive (VAR) model has been employed to find out the long-term relationship between endogenous variables: market return and market turnover and exogenous variables: volatility and dispersion. Results revealed that there exists a strong positive relationship between market returns and trading turnover. Also, the crosssectional standard deviation in market prices i-e volatility and the cross-sectional variation in stock returns i-e dispersion has a very strong impact on trading pattern and returns. Since investment decisions made by Pakistani investor largely depend upon psychological factors, giving less weightage to all the fundamentals, the trading pattern exhibited may collectively tend the market behave in an irrational manner.