Actual problems of innovative economy

The journal is added to the the List of printed scientific professional publications in the field of economic Sciences by the Ministry of education and science of Ukraine from 11.07.2016 No. 820
The journal is indexed in the International Scientific Center of Index Copernicus International
The journal is included in the list of printed scientific professional publications of category «Б» in the field of eco-nomic sciences by the order of the Ministry of Education and Science of Ukraine dated 28.12.2019 № 1643

Public institutions: nature, state, influence on the functioning of the economic environment of the agricultural sphere of production

УДК: 338.2.17


Лагодієнко Володимир Вікторович
доктор економічних наук, професор, завідувач
кафедрою маркетингу, підприємництва і торгівлі, Одеська національна академія харчових технологій, ORCID ID: 0000-0001-9768-5488
Демченко Аліна Миколаївна
здобувач Харківського національного технічного універси-тету сільського господарства імені Петра Василенка, ORCID ID: 0000-0001-6947-7024


Introduction. The development of the agricultural sector of the economy has a positive effect on increasing Ukraine’s national GDP, as well as identifies some trends in the functioning of the economic environment of some regional socio-economic systems. Ensuring such development is due to the existing institutional environment, which has a positive impact on the sustainable development of the agricultural sector. The current state of the industry requires more active application of effective methods of stimulating economic development within the framework of existing institutional and neo-institutional theories.

The purpose of this article is to study of theoretical and methodological foundations of social institutions, their essence, state, impact on the functioning of the economic environment of the agricultural sector.

Results. The main functions of institutions in the modern economic system are specified. In terms of research methodology, the classification of institutions into formal and informal, as well as institutions of the first, second and third order is presented. Norms of law are an instrument of formalization of social relations, so they cannot be attributed to informal institutions. Moreover, informal institutions are a set of traditions, habits, rules of conduct, etc., which are inherent in this social environment not from a formal (legal) but customary point of view.

Conclusions. Studies have shown that institutions have certain rules of different types with their own characteristics for use in formal and informal settings. It is established that promising areas of formation and development of the institutional environment of the agricultural sector, their identification in terms of recruitment and structure of employment institutions should be studied through the prism of the problems of labor market development in rural areas.

Keywords: economic development, economic environment, agricultural sphere of production, institutions.


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The article was received 18.02.2021