Mechanism of State Price Regulation in Beet-Sugar Complex in Ukraine

Stasinevich Svetlana A. ()
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Stasinevich Svetlana A.: National University of Life and Environmental Sciences of Ukraine

Business Inform, 2013, issue 5, 172_177

Abstract: The article considers instruments of state price regulation of production and sales of sugar beet and sugar in Ukraine, in particular, quoting sugar production and its supply to the domestic market, establishment of the level of minimum prices on domestic products and sugar within the quota by the government, and establishment of minimum and maximum intervention prices on beet sugar as an object of state price regulation. It provides results of analysis conducted on the basis of a significant volume of statistical information, and application of the said measures in the economic practice. It reveals shortcomings of the mechanism of state price regulation, in particular, lack of co-ordination between its individual links. It studies influence of the state intrusion upon effectiveness of functioning of the branch and price situation in the sugar market. It justifies proposals on increase of effectiveness of the state price regulators in the beet-sugar complex of Ukraine: perfection of the regulatory and legislative provisions on the issues of the price policy of the state and ensuring system nature of this process.

Keywords: price; price formation; state regulation; sugar beet; sugar; market (search for similar items in EconPapers)
Date: 2013
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