Scientific publications

This study analyzes financial and economic determinants of sustainable economic performance using the quantile regression for the period from 1970 to 2016 for Egypt, Nigeria and South Africa. The main drivers of sustainable economic performance vary among the economies. It is driven by trade openness, government expenditure and political stability in Egypt. In South Africa, the desired threshold for financial development to impact growth is reached.

Currently, developing the tax system and improving financial relations between the state and taxpayer are rather important aspects of reforming the economic situation and are relevant to this study. The purpose of this article is to substantiate the scientific approaches to the reform of modern tax systems and to identify effective directions for their practical implementation.

The goal of this research was to review the literature dedicated to barriers to the development of the organic production system. As an agricultural system combining economic and environmental objectives, organic farming has gained social acceptance. The growth of consumer interest in organic food is indicative of this. Public funds play an important role in the development of organic farming, encouraging the transition from a traditional to an organic system of farming.

A timely response to a fluctuating and ever-changing consumer demand is an important decision for a company, as it may impact its position in the market. Thus, proper inventory management becomes a focal point in retail business process management and can provide a substantial competitive advantage.

The study used the following general scientific methods of theoretical and empirical research: a systematic approach - to justification for parametric index at set prices based on the additional premium for quality, based on the use of quantitative and qualitative indicators; methods of theoretical generalization - for grouping the principles and functions of prices in the context of the concept of cognitive marketing; the method of dispersion analysis - to detect and assess the price formation dependence not only on quantitative characteristics (material costs), but also on the qualitative characteristics of the product (parametric quality index); the method of correlation-regression analysis - for constructing a regression model of pricing.

This study aims at evaluating the developments in the distribution of the retail prices of dairy products among supply chain participants in Lithuania over the period of 2008 to 2017 and at revealing the main factors that determine this distribution. In order to achieve this aim, the structure of the Lithuanian dairy supply chain has been examined and the shares of milk producers, dairy processors, retailers and state (VAT) in the retail prices of dairy products (drinking milk and Tilsit cheese) have been calculated.

We demonstrate that the dynamics of tax competitiveness in the EU has gained a new higher level. The shift in the tax competition can be noted after new countries have joined the EU. Both positive and negative effects of tax competitiveness are discussed in the paper and the question of trade-off between the strong tax competitiveness of a country and magnitude of its tax revenue is raised.

Small and medium-sized enterprises (SMEs) are accounted for as a major part of the economy of the EU in terms of part of the population employed, turnover, value-added, etc. Causes of insolvency of SMEs can be different; they are categorized in the paper.

The main purpose of this paper is to provide a detailed overview of the theoretical insights and recent de­velopment trends on risk in agriculture. It focuses on the synthesis and analysis of the research studies published over the period from 2008 through 2018 and aims to identify major findings obtained over the recent decade and determine the areas for future research.

The article examines and discloses the international experience of operating cooperatives and clusters in the organic sector to determine the benefits and motives of such forms of association, taking into account the peculiarities of organic food trade. The characteristic feature of the cooperative form, which is inherent in most existing organic cooperatives, has a socially oriented character, is revealed, since the idea of organic production is a synergy of all its aspects — economic, environmental, technical and social.