REPRODUCTION METHODICAL APPROACH TO EVALUATION OF THE EFFECTIVENESS OF INTEGRATED COMMODITY MARKETS

The article reveals the nature of sector added value as internal contribution of a certain sector in formation of value of goods (service) at the integrated market. The theory of circulation of sector added value in the mezosystem, which allocates two stages of its movement (the processes of formation and processes of use), inter-sector reallocation (migration) of value, internal and external contradictions of economic interests of the participants in the reproduction process (market entities, employees and the state). This theory formed the theoretical basis for reproduction methodical approach to evaluation the effectiveness of functioning of the integrated commodity markets. The main purpose of the methodical approach is a multilevel evaluation of efficiency of formation and use of added value by the stages of its circulation in sector and market dimension as the methodical basis of managerial decision making for balanced sustainable development of integrated commodity markets, formation of mechanism of the state management by added value in the strategic markets of the country. Plenty of principles for evaluation the effectiveness of the markets form: (1) priority of economic interests of the state as a bearer of public interests; (2) systematic character and complexity; (3) adequacy and flexibility; (4) objectivity and accuracy; (5) efficiency; (6) purposefulness; (7) scientific character. The reproduction methodical approach involves three steps: (1) identification of a relevant market; (2) evaluation of its effectiveness of functioning by using the set of indicators; (3) diagnostics of a relevant market, the analysis of inter-sector balances of efficiency indices, forecast scenarios of a market development. The core of the methodical approach is a three-level system of indicators, developed by the author: (1) evaluation of effectiveness of the formation of added value in a mezosystem with an emphasis on a resource structure of the value; (2) performance evaluation of the production factors; (3) evaluation of effectiveness of fiscal and reproduction use of added value in the integrated market. The practical significance of the methodical approach is determined by the possibility of its use in the analytical and management activity of entities of the market, their associations, state and regional authorities.