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METHODICAL APPROACH TO PRICE MONITORING OF COMMODITY MARKET (FOR EXAMPLE, MARKET OF BREAD PRODUCTS)

Journal: Food Industry Economics (Vol.9, No. 2)

Publication Date:

Authors : ;

Page : 10-20

Keywords : price monitoring and analysis; vertically adjacent markets; logistics chain; market of bread products; selective regulatory measures;

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Abstract

The article describes the nature of category «added value» from a position of four approaches: reproduction, statistical, accounting and logistics. The functions of components of added value are justified, namely: economic, social, regulatory and evaluation. The methods of analyzing gross value added in macrosystems, which united four directions have been developed: (1 ) analysis of dynamics and structure of value added in the internal and external dimensions; (2) analysis of indicators of expenses intensity of the gross value added; (3) analysis of the impact of value added on components of economic security of the state, in particular, on food and foreign economic security; (4) analysis of global chains of the value added.The main idea of the methods, proposed by the author, consists in determination of deformations in structure of gross value added of various sectors of economics, in assessing the level and dynamics of indicators of expenses intensity – capital intensity, labor intensity and tax intensity of the value added in sector dimension, of the country place in global chain of the value for its optimization. The main directions of methods have been tested during the analysis of gross value added of agrarian, processing and trading sectors of the Ukrainian economy, which allowed to identify a number of structural features and relationships. For example, the characteristic feature of structure of gross value added of the industrial sector is high value of proportions (compared to agriculture and trade) of wages and tax revenues, and it testifies to realization of economic interests, first of all, of workers and the state. The high value expenses intensity coefficients are also inherent in an industrial sector, which is evidence of the sufficient level (compared to other sectors) of reinvestment of value added in the process of reproduction as a mechanism for its growth in next reproduction cycle. The results of the analysis prove, that development of the industrial sector should be a priority task of state economic policy, since the increase in proportion of its gross value added (for example, from 12 % to 20 % – level of the EU countries) will promote an increase of jobs, increase of wages and tax revenues.

Last modified: 2017-10-20 16:21:37