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№ 1/2020

№ 1/2020

Fìnansi Ukr. 2020 (1): 83–98
https://doi.org/10.33763/finukr2020.01.083

SCIENTIFIC DISCUSSIONS

KHVESYK Mykhailo 1, LEVKOVSKA Liudmyla 2, SAKAL Oksana 3, KLYNOVYI Dmytro 4

1SI “Institute of Environmental Economics and Sustainable Development of the National Academy of Sciences of Ukraine”
OrcID ID : https://orcid.org/0000-0003-4306-4904
2PI “Institute of Environmental Economics and Sustainable Development of the National Academy of Sciences of Ukraine”
3PI “Institute of Environmental Economics and Sustainable Development of the National Academy of Sciences of Ukraine”
OrcID ID : https://orcid.org/0000-0001-8803-1298
4SI “Institute of Environmental Economics and Sustainable Development of the National Academy of Sciences of Ukraine”
OrcID ID : https://orcid.org/0000-0002-3034-8097


Natural resource rent and rent payments: differentiation of terms


In modern economic practice in the field of natural resources use due to the complication of the system of economic relations, the problem of correct understanding and application of the concept of rent has risen. The problem of identifying meaningful features of natural resource rent and rent payments is one of the key to ensuring sustainable development. The purpose of our research is to identify the meaningful features of natural resource rent and rent payments, in particular in the field of land, water and forestry. The achievement of the purpose envisaged the use of a set of general scientific and special methods at the empirical and theoretical levels of study, in particular: systemic, abstraction, analysis and synthesis, deduction and induction, comparison, normative and legal regulation, documenting, content analysis. Rent is an additional income received by the entrepreneur as a result of the use of the renting resource for the production of goods and services over the entrepreneurial profit for the labour and capital expended through more favourable conditions than those of other entrepreneurs. In this regard, we distinguish the following two mechanisms for the use of rents in the national economy: 1) fiscal or other (through the permit system, or fee for a resource), the state's withdrawal of income; 2) own innovation and investment activity of economic entities. In the current Tax Code of Ukraine the rent is unreasonably identified with the fee for special use of natural resource, in particular water and forest. And today, under conditions of institutional transformation, it is possible to build a new system of public finances, which will more correspond to solving modern problems facing society.

Keywords:rent, fiscal payments, land rent, water rent, forest rent, natural resource sphere, Tax Code of Ukraine

JEL: H23, Q56, Q58


KHVESYK M. . Natural resource rent and rent payments: differentiation of terms / M. . KHVESYK, L. Levkovska, O. Sakal, D. Klynovyi // Фінанси України. - 2020. - № 1. - C. 83-98.

Article original in Ukrainian (pp. 83 - 98) DownloadDownloads :100
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