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Price parity in the agricultural sector as a guarantee of the national food security


Price parity in the agricultural sector as a guarantee of the national food security



Economic Annals-Xxi 164(3-4): 61-64



Introduction. The article deals with the problem of price parity in the agricultural sector at the global level. Pricing policies used by various countries are different due to the historically formed system of agriculture, specialisation of production and productivity of agricultural lands. The purpose of the article is to conduct a comparative analysis of price parity in the agricultural sector of countries, such as the USA, Belarus and Ukraine in the period of 2005-2016. Methods. The research is based on selective, index, graphical, monographic and comparative methods. The results of the conducted research showed how the mechanisms (programs) of government price controls are used by developed countries and how the price parity index is calculated in the context of food security. Conclusions. The calculations are different for each of the analysed countries. The article proves the importance of moderate government control and the benefits of state the implementation of price parity in the agricultural sector by the state.

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