Economy, finances, management: topical issues of science and practical activity

SCIENTIFIC JOURNALS OF VINNITSA NATIONAL AGRARIAN UNIVERSITY

Issue №: 3(43)

Published: 2019.08.06

DOI: 10.37128/2411-4413-2019-3

Description:
The magazine deals with the problems of the agricultural sector of the economy in the context of integration and processes of globalization. Attention is paid to the issues of development of digital economy, rural territories, technologies of enterprise management and organization of accounting, problems of legal support of economic processes, market tendencies of development of various branches of economy. Particular attention is paid to green tourism as a promising segment of the national economy.

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AGRICULTURE IMPROVEMENT ACT OF 2018: SUMMARY AND PERSPECTIVE

DOI: 10.37128/2411-4413-2019-3-2

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ZULAUF Carl – Ph.D., Professor Emeritus, Department of Agricultural, Environmental, and Development Economics, The Ohio State University (43210, Columbus, Ohio, e-mail: zulauf.1@osu.edu).

Annotation

The Agriculture Improvement Act of 2018, the latest US farm bill, contains no major realignment of spending across its 12 titles. Nevertheless, potentially important programmatic changes are authorized. Payments by commodity assistance programs are more closely tied to current market conditions, including allowing farms to annually change commodity program starting with the 2021 crop. Commitment to using private-public partnerships to address farm environmental issues is increased. US land conservation programs appear to be evolving to a pyramid policy approach composed of (1) conservation farming practices for land cropped annually (2) short term contracts to revitalize soil health, (3) environmental fallow to remove land from production for longer periods, and (4) long term conservation easements. The Research and Extension title had the largest percent increase in mandatory funding. Mandatory funding for US agricultural export programs were increased by double digits. Issues with provisions in multiple titles include organic production, local foods, urban agriculture, food wastes, legalization of hemp production, and programs to assist young, beginning, veteran, and socially disadvantage farmers.

Keywords: 2018 US farm bill, commodity programs, environmental policy pyramid

List of references

Coppess, J. (2018). The Fault Lines of Farm Policy: A Legislative and Political History of the Farm Bill. University of Nebraska Press: Lincoln and London. DOI: http://dx.doi.org/10.4135/9781506365664.n118
The National Agricultural Law Center. February 2019. Contains all US farm bills. Available at: http://nationalaglawcenter.org/farmbills/.
US Congress. 115th Congress. December 2017. Tax Cuts and Jobs Act of 2017 (formal title is H.R.1 - An Act to provide for reconciliation pursuant to titles II and V of the concurrent resolution on the budget for fiscal year 2018). Available at: https://www.congress.gov/bill/115th-congress/house-bill/1. DOI: 10.2307/j.ctv80c9cw
US Congress. 115th Congress. December 2018. Agriculture Improvement Act of 2018. Available at: https://www.agriculture.senate.gov/imo/media/doc/CRPT- 115hrpt1072.pdf.
US Congress, Congressional Budget Office. April 2018. CBO’s April 2018 Baseline for Farm Programs. Available at: https://www.cbo.gov/ sites/default/files/recurringdata/51317-2018-04-usda.pdf.
US Congress, Congressional Budget Office. December 11, 2018. Letter to Honorable K. Michael Conway, “Direct Spending and Revenue Effects of the Conference Agreement for H.R. 2, the Agriculture Improvement Act of 2018”. Available at: https://www.cbo.gov/system/files?file=2018-12/hr2conf_0.pdf.
US Department of Agriculture, Farm Service Agency. February 12, 2019. “ARC/PLC Program – ARC/PLC Election Data.” Available at: https://www.fsa.usda.gov /programs-and-services/arcplc_program/index.
US Department of Agriculture, National Agricultural Statistics Service. February 12, 2019. QuickStats. Available at: http://quickstats.nass.usda.gov/.
US Department of Agriculture, Office of the Chief Economist. February 8, 2019. World Agricultural Supply and Demand Estimates. WASDE-585. Available at: https://www.usda.gov/oce/commodity/wasde/index.htm.
Zulauf, C. and C. Wolf (shared senior authorship). December 17, 2018. "Dairy Provisions in 2018 Farm Bill.” farmdoc daily (8):232. Department of Agricultural and Consumer Economics, University of Illinois at Urbana-Champaign. Available at: http://www.farmdoc.illinois.edu/.

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About the journal

Topics of the journal:

С1 Economics and International Economic Relations (by specialization)

D1 Accounting and Taxation

D2 Finance, Banking, Insurance and Stock Market

D3 Management

D4 Public Management and Administration

D5 Marketing

D7 Trade

J3 Tourism and Recreation

Keywords: economics , international economic relations , accounting , taxation , finance , banking , insurance , stock market , management , public management and administration , marketing , trade , tourism and recreation

Key information:

ISSN (print): 2411-4413

DOI: 10.37128

All-Ukrainian scientific and production journal “Economics, finance, management: topical issues of science and practical activity” is a peer-reviewed open-access journal that publishes original research, theoretical articles and reviews on a wide range of economic and business issues. The articles, which have scientific and scientific-practical significance, highlight theoretical and methodological aspects of the development of agrarian sector of economy and related industries, the results of fundamental and applied research.

The purpose of the journal is to highlight the results of fundamental and applied research in the field of economic sciences, aimed at developing modern approaches to managing economic processes, financial support for enterprise activities and increasing the efficiency of economic systems. The publication is focused on creating a scientific environment for the exchange of research results between scientists, higher education students and practitioners in economic sphere, as well as on the dissemination of modern scientific and methodological approaches to solving current economic and management problems. The journal contributes to the development of the research in the field of enterprise economics, finance, accounting, auditing, management, marketing, entrepreneurship, trade, tourism and recreation, public management and administration, economic development and international economic relations, which meets the modern needs of the socio-economic development of the state.

The journal’s objectives are:

• publishing the results of fundamental and applied research in the fields of economics, international economic relations, finance, management, public administration, accounting, marketing, tourism and recreation, and entrepreneurship;

• promoting the development of modern methods of managing enterprises and organizations, increasing the efficiency of using financial and material resources;

• supporting the research aimed at improving the economic mechanisms of enterprise functioning, developing innovative activity, and increasing the competitiveness of economic structures;

• ensuring the scientific exchange of research results between higher education institutions, scientific institutions, and business entities;

• developing methods of economic analysis, forecasting, and modeling of socio-economic processes;

• disseminating of modern approaches to financial management, accounting, taxation, and control of economic activity;

• promoting the development of interdisciplinary research related to the economic support of the development of agrarian sector of economy and rural areas;

• integration of scientific research results into the international scientific space and increasing the level of scientific communication.

Publisher: Vinnytsia National Agrarian University

Link to the journal on the publisher’s website: ”Economics, finance, management: topical issues of science and practical activity”

Frequency of issue: 4 times a year.

Language of publication: Ukrainian, English.

Editor-in-Chief: Inna Honcharuk

State registration: Decision of the National Council of Ukraine on Television and Radio Broadcasting No. 1337 and No. 1178. Media identifier – R30-05171. Publisher registration number (EDRPOU) 00497236.

Publisher’s ROR: https://ror.org/05m3ysc06 Publisher’s DOI prefix: 10.37128 ISSN (print): 2411-4413

Publisher DOI prefix: 10.37128 ISSN (print): 2411-4413

The scientific journal is included in category "B" of the List of scientific professional publications of Ukraine, in which the results of dissertations for the degree of Doctor and Candidate of Sciences in the specialties C1 (051) - Economics, D1 (071) - Accounting and Taxation, D2 (072) – Finance, Banking, Insurance and Stock Market, D3 (073) – Management, D5 (075) – Marketing, D7 (076) – Entrepreneurship and Trade, (241) – Hotel and Restaurant Business, D4 (281) – Public Management and Administration (Order of the Ministry of Education and Science of Ukraine dated March 17, 2020 №409)

History of journal:

Founded in 1997 under the name ”Bulletin of Vinnytsia State Agricultural Institute”. In 2010-2014 it was published under the name “Collection of Scientific Papers of Vinnytsia National Agrarian University”. Since 2015 “Economics, finance, management: current issues of science and practical activity” (Certificate of State Registration of Mass Media No. 21154-10954 PR dated 12/31/2014).