Potential of Integration of Natural Resources into the Market Influence Zone
Loading...
Date
2021
Journal Title
Journal ISSN
Volume Title
Publisher
Sciendo
Abstract
EN: The article examines the problems of integration of natural resources into the zone of market influence. The analysis of
researches on these questions is carried out, the problem moments are allocated. An algorithm for integrating natural
resources into the market environment has been developed, which provides for the natural resource to go through stages
with a change in their positions and the formation of market asset features. Possibilities of incorporation of land
resources into the market, the potential of business development, and formation of the market of natural resource assets
are investigated. The parameters of capitalization of natural resources and the concentration ratio of financial and
economic regulation are calculated. Ways to strengthen the potential for integration of natural resources into the market
area of influence have been developed. The study showed that to incorporate a natural resource into the area of market
influence, it needs to go through several stages, and each of them is characterized by changes in the properties of
resources, their gradual interaction with market participants. Even though there is a rather low level of capitalization of
natural resources (in particular for land - 12.0%, water - 10.8%), the coefficient of concentration of activity can identify
some regions with good opportunities for incorporation. The regions of Ukraine are grouped by the coefficient of
concentration of land use activity and four groups of regions with coefficients are calculated: the highest priority by the
activity of regulation, high level of concentration, medium and low.
Description
P. Korenyuk: ORCID ID: 0000-0001-8321-3199; L. Koreniuk: ORCID ID: 0000-0003-3187-3288
Keywords
natural resources, integration, market, algorithm, incorporation, capitalization, regulatory activity, КФЕБ
Citation
Korenyuk P., Sunduk A., Levkovska L., Koreniuk L., Zienina-Bilichenko A. Potential of Integration of Natural Resources into the Market Influence Zone. Management Theory and Studies for Rural Business and Infrastructure Development. 2021. Vol. 43, № 3. P. 430–441. DOI: 10.15544/mts.2021.39.