000093080 001__ 93080
000093080 005__ 20180122213346.0
000093080 0247_ $$2Other$$aISSN 1436-221X
ISBN 3-9809270-3-2
000093080 037__ $$a920-2016-72804
000093080 041__ $$ade
000093080 245__ $$aNichtmonetäre Transaktionen in der ukrainischen Landwirtschaft: Determinanten, Spezifika und Folgen.
000093080 246__ $$aNonmonetary transactions in the ukrainian agriculture: determinants, specifications and consequences.
000093080 260__ $$c2004
000093080 269__ $$a2004
000093080 300__ $$a198
000093080 336__ $$aThesis/ Dissertation
000093080 490__ $$aStudies on the Agricultural and Food Sector in Central and Eastern Europe
000093080 490__ $$a24
000093080 520__ $$aThe prevalence of non-monetary transactions (NMT) in the Ukrainian economy
is a phenomenon attributable to its transition to a market system. Major types of
NMT are barter transactions, offsets and payment in kind. Non-monetary transactions
are widespread in agriculture.
The aim of this research is to analyze the determinants, the nature and the
economic effects of non-monetary transactions in Ukrainian agriculture. Based
on actual conditions, the aim is to derive appropriate political and individual
recommendations for leading the enterprises toward monetary transactions.
For these purposes a theoretical framework is developed and the history of the
phenomenon “barter”, as well as the institutional environment, are analyzed.
Then follows a survey of 50 managers of agricultural enterprises in Oblast
Kherson and an econometric analysis using panel data from these enterprises.
The survey results and econometric estimations show that the main reason for
non-monetary transactions is the liquidity problem of agricultural enterprises.
Under the terms of soft budget constraints, the non-monetary transactions render
possible the existence of illiquid enterprises in the market. In addition, the
results show that the volume of NMT is decreasing due to liquidity improvement
and a general improvement in the economic situation of agricultural enterprises.
Based on the theory of money and transaction costs theory, monetary deals are
more efficient than NMT, because of lower transaction costs due to the fact that
money as a common medium of exchange reduces the problem of exchange
partner search and mediates possible failures of the double coincidence of wants.
This hypothesis is tested by econometric estimations using a panel data set of 50
agricultural enterprises in Oblast Kherson and is not rejected.
The creation of a reliable institutional framework, the development of credit
systems and the policy of hard budget constraints are important requirements for
leading the enterprises toward monetary transactions. Agricultural producers
have to realise that an improvement of profitability is only possible by using
money as the medium of exchange in all transactions.
000093080 542__ $$fLicense granted by Britta Paasche (paasche@iamo.de) on 2010-08-11T10:37:00Z (GMT):

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000093080 650__ $$aAgribusiness
000093080 650__ $$aFarm Management
000093080 650__ $$aFinancial Economics
000093080 700__ $$aDolud, Olena
000093080 773__ $$o148$$q1
000093080 8564_ $$s1116326$$uhttps://ageconsearch.umn.edu/record/93080/files/sr_vol24.pdf
000093080 887__ $$ahttp://purl.umn.edu/93080
000093080 909CO $$ooai:ageconsearch.umn.edu:93080$$pGLOBAL_SET
000093080 912__ $$nSubmitted by Britta Paasche (paasche@iamo.de) on 2010-08-11T10:48:35Z
No. of bitstreams: 1
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000093080 912__ $$nMade available in DSpace on 2010-08-11T10:48:36Z (GMT). No. of bitstreams: 1
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  Previous issue date: 2004
000093080 982__ $$gInstitute of Agricultural Development in Central and Eastern Europe (IAMO)>Studies on the Agricultural and Food Sector in Central and Eastern Europe
000093080 980__ $$a920