2019 17

Cost estimation as an economic category

Artemenko D.M.
LLC Investment Legal Group, Kyiv

Citation Format
Artemenko D.M. Cost estimation as an economic category. Management of Economy: Theory and Practice. Chumachenko’s Annalscollection of scientific papers / Institute of Industrial Economics of the NAS of Ukraine. Kyiv, 2019. P.222-236. https://doi.org/10.37405/2221-1187.2019.222-236 

Language
Ukrainian

Resume
In the article, on the basis of epistemological analysis of different theories of value, organic components, elements and properties of value as economic category are defined. Generalized principles of cost estimation, characteristics of types of cost and features of their calculation are revealed.
Methodical approaches to the valuation of property and property rights in the context of the principles of: comparative – substitution and supply and demand; cost – utility and replacement; profitable – the most efficient use and expectation.
The scheme of interconnections of categories “value (as the basis of value)”, “value (embodied and embodied in the goods labor and measure of utility)”, “price (monetary expression of the value of goods)” and “valuation (definition of economic assets, phenomena and processes) in monetary terms)”.
Directions for further development and improvement of methodological and methodological support for valuation of property and property rights by its sectoral and sectoral features of the national economy are substantiated. An in-depth understanding of the structural characteristics of cost estimation as an economic category will be facilitated by a well-grounded algorithm for constructing relationships between its elements and properties with their quantitative and qualitative determination.

Keywords
cost, value, price, valuation, economic category, elements, properties, methodological approach, principles, characteristics.

Referensces

  1. Pro otsinku maina, mainovykh prav ta profesiinu otsinochnu diialnist v Ukraini: Zakon Ukrainy vid 12.07.2001 № 2658-III [On the valuation of property, property rights and professional valuation activities in Ukraine: Law of Ukraine of 12.07.2001 № 2658-III]. Retrieved from https://zakon.rada.gov.ua/laws/show/2658-14 [in Ukrainian].
  2. Pro zatverdzhennia Natsionalnoho standartu № 1 «Zahalni zasady otsinky maina i mainovykh prav»: Postanova Kabinetu Ministriv Ukrainy vid 10.09.2003 r. № 1440 [On approval of the National Standard № 1 “General principles of property valuation and property rights”: Resolution of the Cabinet of Ministers of Ukraine dated 10.09.2003 № 1440]. Retrieved from http://zakon2.rada.gov.ua/laws/show/1440-2003-%D0%BF [in Ukrainian].
  3. Stoliarov V.F, Artemenko D.M. (2015). Udoskonalennia metodyky vyznachennia rynkovoi vartosti komertsiinoho banku na osnovi dokhidnoho pidkhodu [Improving the methodology for determining the market value of a commercial bank based on the income approach]. Upravlinnia ekonomikoiu: teoriia ta praktyka. Chetverti Chumachenkivski chytannia Economic management: theory and practice. Fourth Chumachenko readings, рр. 129-144. Kyiv, IІЕ of NAS of Ukraine [in Ukrainian].
  4. Artemenko D.M. (2016). Udoskonalennia metodiv dokhidnoho, vytratnoho ta porivnialnoho pidkhodiv pry finansovii otsintsi aktyviv komertsiinoho banku v kryzovykh umovakh [Improving methods of income, expenditure and comparative approaches in the financial valuation of commercial bank assets in a crisis]. Ekonomichnyi visnyk Donbasu – Economic Herald of the Donbas, 2(44), рр. 115-128 [in Ukrainian].
  5. Artemenko D.M. Rozvytok metodychnoho zabezpechennia provedennia vartisnoi otsinky prav vymohy za zoboviazanniamy, shcho vynykaiut vnaslidok zdiisnennia kredytnykh operatsii v Ukraini [Development of methodological support for the valuation of rights claims on obligations arising from the implementation of credit operations in Ukraine]. Ekonomichnyi visnyk Donbasu – Economic Herald of the Donbas, 3(57), рр. 70-82. doi: https://doi.org/10.12958/1817-3772-2019-3(57)-70-82 [in Ukrainian].
  6. Stoliarov V.F, Artemenko D.M. (2017). Udoskonalennia metodyky vyznachennia rynkovoi vartosti komertsiinoho banku na osnovi porivnialnoho pidkhodu v ramkakh metodu rynku kapitalu [Improving the method of determining the market value of a commercial bank on the basis of a comparative approach within the method of the capital market]. Visnyk ekonomichnoi nauky Ukrainy, 1(32), рр. 124-133 [in Ukrainian].
  7. Bazylevych V.D. (Ed.). (2005). Istoriia ekonomichnykh uchen [History of economics]. In 2 parts / Part 1. 2nd ed. Kyiv, Znannia [in Ukrainian].
  8. Mochernyi S. V. (Еd.). (1995). Ekonomichnyi slovnyk-dovidnyk [Economic Dictionary-Handbook]. Kyiv. Femina [in Ukrainian].
  9. Krainiev P. P. (Еd.). (2012). Entsyklopediia intelektualnoi vlasnosti [Encyclopedia of intellectual property]. Kyiv, Start-98 [in Ukrainian].

Full Text .pdf