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Analysis reveals public goods impact economic efficiency in rural economies, indicating necessary valuation changes.
The rural economy produces not only goods and services in demand on the market, which are taken into account when determining its economic efficiency, but also a number of other material and spiritual values that are not integrated into the system of trade relations. A list of public goods produced by the rural economy is formulated, demonstrating its unique role in meeting the diverse needs of people and preserving the environment. The process of turning a free public good into a commodity is presented, in which the labor applied to the good is the catalyst for this transformation. The necessity of introducing the concept of “cost-estimated efficiency”, which takes into account economic indicators and the value of free goods, is substantiated, and a formula for its definition is proposed. It is concluded that it is imperative to take into account the totality of public goods produced by the rural economy when assessing its effectiveness.
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А. В. Голубев (2025) studied this question.
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