MONETARY VALUATION OF AGRICULTURAL LANDS IN THE CONTEXT OF FORMING ECONOMIC RELATIONS IN THE AGRICULTURAL SECTOR OF UKRAINE

Abstract

Introduction. The basis of the assessment of the market value of agricultural land is the theory of land rent or excess income generated during the use of land for obtaining the agricultural products. In turn, this income is determined not only by the natural conditions and quality of the land, but also by the prices of the products produced. It is also determined by the quantity, demand and supply of agricultural products in the sales markets, the level of wages and other costs in agricultural production, as well as the prevailing rate of interest on capital and the established rate of profit in agriculture. Methods. To solve the set research tasks, a complex of general scientific research methods was used: abstract and logical (when forming principles, theoretical generalizations and conclusions); monographic (study of scientific works on the regularities of the formation and development of land relations, research on the processes of formation, formation and development of land relations in Ukraine); hypotheses (determining the characteristics of land as a commodity and the specifics of the process of formation of the land market in Ukraine); statistical, method of synthesis and economic analysis, calculation (research of effectiveness and organization of land use in the agricultural sector); specification and formalization (development of approaches for determining the price of agricultural land plots). The results. A scientific approach to the reproduction of land resources in agricultural enterprises is proposed, which is based on a complex of organizational and economic tools of socially responsible management of activities, in particular: calculation of land tax and rent based on the adjustment of the value of agricultural land, creation of a corresponding special fund, motivation of agricultural producers to apply organic fertilizers, which will help increase the fertility of agricultural lands. Discussion. In the post-war period, the problem of monetary valuation of agricultural lands will significantly worsen, which will be caused by the revival of agricultural production in the corporate sector of the agrarian economy. In connection with this, there is a need to use the cost method of price formation, and as the main article, in our opinion; the costs will be related to the reclamation and demining of agricultural land. Keywords: monetary assessment, agricultural land, method, fertility, price.