Features, factors and forms of economic interests’ implementation of cattle products market participants


Olha Kravchenko
Kharkiv Petro Vasylenko National Technical University of Agriculture
Ukraine

Abstract


Purpose. The purpose of the article lies in presentation of the research results on definition of features, factors and forms of economic interests’ implementation of cattle products market subjects (participants) with simultaneous expansion of instruments for measuring the level of their interests’ consistency.

Methodology / approach. The dialectic method for economic processes perception, fundamental provisions of the modern economic theory, scientific works of national and foreign scientists as to studying the essence and content of the economic interests of agrofood market participants became the theoretic and methodic basis for the research. To achieve the goal set we used as follows: system approach, methods of institutional political economy, generalization, induction, deduction, analysis, synthesis and comparison.

Results. Features of modern economic interests were studied; main factors resulting in agrofood market participants interests disequilibrium were determined; purposefulness for expansion of instruments for measuring the level of the economic interests’ satisfaction (consistency) was proved; the importance to develop interaction (coexistence) of interests and means of their optimal (agreed, harmonic) connection was substantiated; the flow diagram of agrofood chain for cattle products supply was demonstrated; the amount of value added received was calculated, as well as the expenses for personnel and profit (loss) received per 1 engaged in the context of the economic activity types of the cattle market subjects in Ukraine taken into account: cattle product manufacturers, representatives of wholesale trade in agricultural raw materials and live animals, enterprises of food processing industries (meat and milk), participants of wholesale and retail trade in food products.

Originality / scientific novelty. For the first time, it was proposed, as the instrument for quantitative expression of the level of the economic interests’ consistency among the livestock market participants, to calculate the amounts of value added received, as well as the expenses for personnel and profit (loss) received per 1 engaged in the context of the type of economic activity.

Practical value / importance. Expansion of instruments to determine the level of the economic interests’ consistency of the cattle products market participants can serve as a means for quantitative expression of the level of the economic interests’ consistency of the subjects of any market connected by the organizational-and-technologic process.


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Open Science in Ukraine

Open Science in Ukraine