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Forecasting Of Net Profit And The Area Of Land Of Private Enterprises

Author

Listed:
  • Shelenko Diana

    (Prof. Dr. Vasyl Stefanyk Precarpathian National University, 57, Shevchenka st. 76010, Ivano-Frankivsk, Ukraine, Phone No.: +380990662326)

  • Balaniuk Ivan

    (Prof. Dr. Vasyl Stefanyk Precarpathian National University, 57, Shevchenka st. 76010, Ivano-Frankivsk, Ukraine, Phone No.: +380503733282)

  • Sas Liudmyla

    (Prof. Dr. Vasyl Stefanyk Precarpathian National University, 57, Shevchenka st. 76010, Ivano-Frankivsk, Ukraine, phone: +380503714824)

  • Malik Mykola

    (Prof. Dr., National Scientific Centre 10, Heroiv Oborony St., 03127 Kyiv, Ukraine, Phone No.: +380973479579)

  • Matkovskyi Petro

    (Prof. Dr. Vasyl Stefanyk Precarpathian National University, 57, Shevchenka st. 76010, Ivano-Frankivsk, Ukraine, Phone No.: +3801358218)

  • Levandivskyi Omelian

    (Prof. Dr. Vasyl Stefanyk Precarpathian National University, 57, Shevchenka st. 76010, Ivano-Frankivsk, Ukraine, Phone No.: +380509413217)

  • Humeniuk Mariana

    (Senior Researcher, PhD of Economics, Precarpathian State Agricultural Experimental Station of the Agricultural Institute in Carpathion Region of NAAS, 21-A Bandera str., 76000, Ivano-Frankivsk, Ukraine, Phone No.: +380979000963)

Abstract

The article is devoted to the forecasting of net profit of private enterprises of Ukraine with application of STELLA program. The STELLA economic modeling program, which combines mathematical differential equations with a developed graphical interface, has been used in the article. In this program a model was created, and an attempt was made to forecast the private enterprises of Ukraine by 2030. It has been the possible growth up net profit of private enterprises with a slight reduction and further stabilization of the agricultural land (AREA) at the level of 45000 thousand hectares and enterprises (ENTERPISES) at the level of 3600. The most promising possibilities of applying STELLA program in economic forecasting has been outlined in the article.

Suggested Citation

  • Shelenko Diana & Balaniuk Ivan & Sas Liudmyla & Malik Mykola & Matkovskyi Petro & Levandivskyi Omelian & Humeniuk Mariana, 2021. "Forecasting Of Net Profit And The Area Of Land Of Private Enterprises," Management Theory and Studies for Rural Business and Infrastructure Development, Sciendo, vol. 43(4), pages 500-516, December.
    • Handle: RePEc:vrs:mtrbid:v:43:y:2021:i:4:p:500-516:n:8
    DOI: 10.15544/mtsrbid-2021-45
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    More about this item

    Keywords

    cost price; private enterprises; STELLA software; net profit forecasting;
    All these keywords.

    JEL classification:

    • H82 - Public Economics - - Miscellaneous Issues - - - Governmental Property
    • O21 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Planning Models; Planning Policy
    • Q12 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Micro Analysis of Farm Firms, Farm Households, and Farm Input Markets

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