The impact of institutional and regional economic conditions on the formation of individual labor and entrepreneurial income of the rural population

Authors

DOI:

https://doi.org/10.32636/agroscience.2022-(1)-1-1

Keywords:

institutional environment, regional features, economic behavior, household budgets, self-employment, types of rural areas

Abstract

The article analyzes the impact of institutional and regional economic conditions on the formation of individual labor and entrepreneurial incomes of the rural population. Institutional factors that determine the existing imbalance in the rural labor market and determine the role of the studied types of income in the structure of household budgets are summarized. Self-employment of the rural population, as a source of individual labor income, is interpreted from the standpoint of ways to adapt to socio-economic conditions. Emphasis is placed on the risks of this form of employment, which limit the opportunities for full use of personal labor and entrepreneurial potential and effective increase in productivity and cost of resources used. Differentiation of categories of rural population according to the criterion of features and sources of income formation is carried out. The dependence of strategies and tactics of economic behavior of villagers on the specifics of regional and local production and resource, landscape, natural and climatic conditions of development. It is stated that the level and structure of individual labor and entrepreneurial incomes are an influential factor in social, labor and professional mobility

References

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Published

30.03.2022 — Updated on 30.03.2022

Issue

Section

Plant Science

How to Cite

Natalia KOTKO, Oleh Stasiv, Andrii HADZALO, & Mykola Savka. (2022). The impact of institutional and regional economic conditions on the formation of individual labor and entrepreneurial income of the rural population. AGROSCIENCE AND PRACTICE, 1(1), 5-10. https://doi.org/10.32636/agroscience.2022-(1)-1-1

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