General institutional interest of agricultural land market subjects

Issue № 5, 2023, article № 6, pages 46-53

Section: Economic mechanism of managing

Language: Russian

Original language title: ОБЩИЙ ИНСТИТУЦИОНАЛЬНЫЙ ИНТЕРЕС СУБЪЕКТОВ РЫНКА ЗЕМЕЛЬ СЕЛЬСКОХОЗЯЙСТВЕННОГО НАЗНАЧЕНИЯ

Keywords: STATE INTEREST, ECONOMIC INTEREST, INSTITUTIONAL INTEREST, STRATEGY, INSTITUTION OF GOVERNING BODIES, INVOLVEMENT OF UNUSED LANDS, INSTITUTION OF RATIONAL LAND USE, AGRICULTURAL LAND

Abstract: The theoretical significance of the study is the development of institutional, neo-institutional, behavioral economic theories, theories of public administration, agency relations, bureaucracy based on fundamental research on the institutional regulation of the agricultural land market. The purpose of the work is to clarify and specify the system of state, economic and institutional interests of the subjects of the agricultural land market. It has been established that interests in the sphere of regulation of ownership, use, disposal of land resources inevitably come into conflict with relations in the agricultural land market, which are characterized by the process of self-regulation. The interests of the state, owners, and tenants of agricultural land intersect in the course of ensuring food security, investment and innovation activities, scientific and technological progress, and the development of an information and communication system. The efficiency of the functioning of the land market depends on the quality of the relationship between state, economic and institutional interests. Institutional mechanisms for coordinating and realizing the interests of land market entities include incentive and coercive measures to prevent or smooth out opportunistic behavior of entities, reduce excessively high transaction costs, and implement programs to increase the area of productive arable land through additional involvement in the circulation of agricultural land. The general institutional interest involves strengthening the food security of the Russian Federation by increasing the contribution to the gross domestic product by increasing the volume of crop production of the economic entity while maintaining and reproducing the fertility of agricultural land. This requires changes in institutional rules regarding unused agricultural land, adjustment of the main parameters of financial support for achieving the goals of the strategy for the development of the agro-industrial complex.

Authors: Zavorotin Evgenii Feofanovich, Gordopolova Alla Aleksandrovna, Tiurina Natalia Sergeevna, Evsiukova Liudmila IUrevna