Economics and management of national economy

Conceptual changes of fiscal regulation of agricultural land use: international experience and Ukrainian practice

Economic Annals-XXI

Economic Annals-ХХI: Volume 192, Issue 7-8(2), Pages: 63-73

Citation information:
Garazha, O., Shyian, D., Cherneha, I., Burliai, A., Zharun, O., & Blenda, N. (2021). Conceptual changes of fiscal regulation of agricultural land use: international experience and Ukrainian practice. Economic Annals-XXI, 192(7-8(2)), 63-73. doi: https://doi.org/10.21003/ea.V192-06

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Olena Garazha
D.Sc. (Economics),
Associate Professor,
Department of Land Management and Cadastre,
Kharkiv National Agrarian University named after V. V. Dokuchaiev
2 Dokuchaevske Str., Dokuchaevske, Kharkiv district, Kharkiv region, 62483, Ukraine
oasissun@ukr.net
ORCID ID: https://orcid.org/0000-0001-9986-6231

Dmytro Shyian
D.Sc. (Economics),
Professor,
Department of Economics of Enterprise and Business Organization,
Simon Kuznets Kharkiv National University of Economics
9-А Science Ave., Kharkiv, 61166, Ukraine
dmytro.shyian@hneu.net
ORCID ID: https://orcid.org/0000-0002-0815-267X

Inna Cherneha
D.Sc. (Economics),
Associate Professor,
Department of Entrepreneurship, Trade and Exchange Activities,
Uman National University of Horticulture
1 Instytutska Str., Uman, Cherkasy region, 20300, Ukraine
inna-chernega@ukr.net
ORCID ID: https://orcid.org/0000-0001-5573-8617

Alina Burliai
D.Sc. (Economics), Associate Professor,
Department of Economics,
Uman National University of Horticulture
1 Instytutska Str., Uman, Cherkasy region, 20300, Ukraine
aburlyay@gmail.com
ORCID ID: https://orcid.org/0000-0003-4179-8138

Olena Zharun
PhD (Economics),
Associate Professor,
Department of Entrepreneurship, Trade and Exchange Activities,
Uman National University of Horticulture
1 Instytutska Str., Uman, Cherkasy region, 20300, Ukraine
zharun.l@ukr.net
ORCID ID: https://orcid.org/0000-0002-2114-6960

Nataliia Blenda
PhD (Economics), Lecturer,
Department of Entrepreneurship, Trade and Exchange Activities,
Uman National University of Horticulture
1 Instytutska Str., Uman, Cherkasy region, 20300, Ukraine
nblenda176@gmail.com
ORCID ID: https://orcid.org/0000-0001-7991-4910

Conceptual changes of fiscal regulation of agricultural land use: international experience and Ukrainian practice

Abstract. On the basis of the analysis of international standards of land and real estate valuation and modern scientific researches devoted to the actual issues of land and real estate valuation for fiscal purposes, the authors substantiate the problematic aspects of the formula «land valuation – land payment – budget», which are becoming the basis of public fiscal policy in many countries of the world, and including Ukraine, are grounded. The authors of the article show that the effective valuation of land in the national context depends on the fiscal policy of the state in relation to the tax burden of agricultural enterprises in three-dimensional space, according to the first option – using market prices to determine of the land tax, according to the second option – if it is necessary to establish land rent on the basis of the market prices when the real value of land will be reflected instead of the normative, according to the third option – it is possible if there is market for agricultural land. The authors substantiate the problem of land valuation in its global and general economic measure, and, simultaneously, on the example of the Ukrainian practice, which proves the need to develop a sound methodology for fiscal regulation of agricultural land use, taking into account national specific.

Keywords: Fiscal Policy; Land; Agricultural Enterprise; Land Tax; Rent; Methodology; Valuation

JEL Classification: С13; Н32; К34; Q12; Q15

Acknowledgements and Funding: The authors received no direct funding for this research.

Contribution: The authors contributed equally to this work.

Data Availability Statement: The dataset is available from the authors upon request.

DOI: https://doi.org/10.21003/ea.V192-06

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Received 9.08.2021
Received in revised form 29.08.2021
Accepted 30.08.2021
Available online 21.09.2021

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