Halkin Vasyl, Senior Lecturer, Mykolayiv National Agrarian University, Mykolayiv, Ukraine

ORCID ID: 0000-0003-4685-9630
e-mail: halkinvv@mnau.edu.ua

The economic essence of state regulation of agricultural production

Abstract. Introduction. The article considers the theoretical foundations of the economic essence of state regulation of agricultural production through the direction of the country’s agricultural policy for the development of competitive agro-industrial production and the mechanism of state support. Problematic issues concerning the distribution of budget funds to support agricultural production have been identified. The vision of scientists on the economic essence of state regulation and state support is highlighted and generalized.

Purpose. The main purpose of the study is the economic essence of state regulation of agricultural production, identification of priority areas for improving the mechanism of state regulation and development of conclusions.

Results. The essence and directions of stabilization of agricultural production and increase of efficiency of functioning of the agrarian market in foreign countries considering questions of export and import of agricultural raw materials are resulted. With regard to domestic producers, attention was drawn to the need to take into account the practice of state audit research and the development of science in developing targeted budget programs to support agricultural production, as well as to anticipate the consequences of their implementation and effectiveness.
It was also noted that agriculture is one of the most important sectors for Ukraine. Due to its fertile soils, Ukraine is called the “breadbasket of Europe”. Today, the system of state regulation, including public finance management, does not fully meet the requirements of the time. Therefore, the formation of a competitive national economy involves a systemic reform of public finance management. At the same time, Ukraine’s agricultural policy is to guarantee the country’s food security and identify priority development of agro-industrial production.

Conclusions. were drawn on the effectiveness of support for agricultural production through the objective allocation of budget funds for such purposes, including research in the field of agricultural production taking into account global challenges to food security and climate change. In general, the constituent elements of the economic mechanism of state regulation should create optimal conditions for the development of the agricultural sector as the main one in the economic complex.

Keywords: state regulation; agricultural products; state support; agricultural sector.

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