A Methodological Approach to Conceptualizing the Nature of Agro-Industrial Market Systems

Authors

DOI:

https://doi.org/10.58423/2786-6742/2025-8-221-239

Keywords:

systems of agro-industrial markets, food systems, vertically adjacent markets, structural components, reconstruction, inclusive markets

Abstract

Commodity markets and their systems play a leading role in producing national added value as the main resource for the economic revival of the state. The priority task of realizing the internal and external potential of strategic markets to ensure their national roots necessitates the development of a new methodology for studying agro-industrial market systems. The paper analyzes modern methodological approaches to defining the essence of food and market systems, in particular, the FAO chain approach, the inclusive approach to market systems development (MSD), which allowed us to establish their substantive features, advantages and disadvantages of application in scientific developments. The essential connection of the theory of vertically adjacent markets with the main approaches to defining systems is substantiated. Based on the synthesis of the theory of adjacent markets and some elements of the FAO system approach and the MSD inclusive approach, the author's definition of the category of "agro-industrial market systems" is proposed, which is based on taking into account the internal and external mutual influences of different markets in a single system. It is emphasized that the basic principle of the restoration of Ukraine "Build back better" should be put as the basis for the development of market systems, which involves not just pre-war restoration, but reconstruction and the emergence of new structural components and connections between them. A typology of vertically adjacent agro-industrial market systems is proposed based on a number of characteristics, in particular, commodity boundaries, accessibility for small producers and households, the dominant direction of commodity and financial flows, and response to challenges and threats. The structure of the system of vertically adjacent markets (using the example of the grain and processed products market) and promising directions for its development are determined. The inherent characteristics of agro-industrial market systems are substantiated, which should be taken into account during the development and implementation of complex mechanisms for their reconstruction in conditions of security threats. The scientific novelty of the study lies in improving the methodology for the reconstruction of agro-industrial market systems based on reproducible and resilient approaches by determining the essence, interactions and mutual influences of adjacent and related markets in the systems. The obtained research results form a scientific basis for the modernization of state agro-industrial policy on the basis of nationally rooted development in the war and post-war period.

Author Biography

Oksana Nikisina, State Organization "Institute Of Market And Economic&Ecological Researches of the National Academy of Sciences of Ukraine"

Doctor of Science in Economics, Senior Researcher

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Published

2025-06-04

Issue

Section

Economics and management