Abstract
Solving the problem of enhancing the efficiency of the financial and economic regulation of land relations contributes to the development of entrepreneurship in Ukraine. The purpose of the paper is to determine new incentives for encouraging entrepreneurial activity by increasing the efficiency of the financial and economic regulation of land relations by local governments. The study is based on applying the method for predicting amounts of local budget revenues in Ukraine from the land tax and lease fees through the use of communally owned land plots to stimulate entrepreneurial initiatives of the unemployed. In the process of research, the projected amounts of local budget revenues from financial transactions with plots of industrial lands in each region of Ukraine have been determined, taking into account the possibilities of leasing the lands, for which lease fees are covered by a one-time benefit provided to the unemployed for organizing entrepreneurial activity. It is proposed to determine the efficiency of the financial and economic regulation of land relations in the regions of Ukraine, applying indicators such as the use of industrial lands together with objects of lease located on them and the involvement of the unemployed from among the economically active population in entrepreneurial activity. To improve the efficiency of financial and economic regulation of land relations, local governments are proposed to establish the optimal proportion of amounts of borrowed resources, taking into account the need for their saving and rational use.
Highlights
INTRODUCTIONThe use of communally owned lands for organizing the entrepreneurial activity depends on the efficiency of the financial and economic regulation of land relations by local governments
In the context of the entrepreneurial activity, governmental officials scarcity of their own resources, the activity of lo- have to combine incentives used by local governcal governments in the field regulating land rela- ments with opportunities of the institutional, sotions should be directed towards involving addi- cio-cultural, organizational, and communication tional local budget revenues through the efficient support on the part of other entities of financial use of lands, including those for organizing entre- relations
The study has considered an opportunity of using industrial land plots to organize entrepreneurial activity by the unemployed based on the principles of covering the value of leasing such plots and land tax at the expense of funds of unemployment benefits provided by the Unemployment Benefit Social Insurance Fund
Summary
The use of communally owned lands for organizing the entrepreneurial activity depends on the efficiency of the financial and economic regulation of land relations by local governments. In the context of the entrepreneurial activity, governmental officials scarcity of their own resources, the activity of lo- have to combine incentives used by local governcal governments in the field regulating land rela- ments with opportunities of the institutional, sotions should be directed towards involving addi- cio-cultural, organizational, and communication tional local budget revenues through the efficient support on the part of other entities of financial use of lands, including those for organizing entre- relations. Such measures will allow local governments allocating borrowed funds for the preservation and reproduction of land resources
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