Journal of Bio-Based Marketing (Mar 2020)

ANALYSIS OF MECHANISMS TO SUPPORT THE AGRICULTURAL SECTOR IN THE CREATION OF PUBLIC GOODS

  • Petar Borisov,
  • Dimitre Nikolov,
  • Teodor Radev,
  • Ivan Boevski

Journal volume & issue
Vol. 1, no. 1
pp. 65 – 72

Abstract

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The agricultural sector creates public goods that are an integral part of the image of each region. Improving the supply of public goods increases the attractiveness of the region and requires an approach for support, taking into account regional specificities. The regional approach is distinguished by the fact that uses and develops local resources and thus is utilized to the fullest extent of the capabilities of the policy on rural development to realize their goals. On the other hand between the mechanisms of influence, there are differences in terms of their potential and in their implementation. Support for local farmers improves the attractiveness of the area as a place to live and creates an incentive for the overall development of the local society. The purpose of this article is to establish the potential of the selected mechanisms to support the agricultural sector in the creation of public goods. The survey results show very large differences in the potential of the studied mechanisms. This determines the inability to balance the effects of their implementation in the context of territorial development. For this purpose, it is necessary to develop and test scenarios, which are based on potential mechanisms for stimulating the creation of public goods and achieving synergistic effects at the regional level.

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