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Determinants of Performance Indicators of Agricultural Enterprises

Author

Listed:
  • Balaniuk Ivan

    (Prof., Dr., Vasyl Stefanyk Precarpathian National University, 57, Shevchenka st., Ivano-Frankivsk, Ukraine)

  • Shelenko Diana

    (Prof., Dr., Vasyl Stefanyk Precarpathian National University, 57, Shevchenka st., Ivano-Frankivsk, Ukraine)

  • Shpykuliak Oleksandr

    (Prof., Dr., corresponding member of NAAS, academic secretary, National Scientific Centre, Heroiv Oborony str., Kyiv, Ukraine)

  • Sas Liudmyla

    (Prof., Dr., Vasyl Stefanyk Precarpathian National University, 57, Shevchenka st., Ivano-Frankivsk, Ukraine)

  • Cherneviy Yurii

    (Precarpathian professional college of forestry and tourism, 14, Zamkova Str., Bolekhiv, Ivano-Frankivsk)

  • Diuk Anna

    (Prof., Dr., Vinnytsia National Agrarian University, Sonychna Str., Vinnytsia, Ukraine)

Abstract

The currently formed system of the agricultural sector in Ukraine in recent years has been characterized by low social and economic problems due to the insufficient level of prognostic indicators of the development of agricultural enterprises. For agricultural enterprises, maintaining a competitive position in the information market is one of the successes, so forecasting their activities ensures a reliable need for it. Several factors were investigated for their influence on the variability of net earnings, including the number of enterprises, the area of farmland, the number of employees, and the complete expenditure on agricultural products and services.. The forecast showed the growth of net profit with small reductions and its further stabilization until 2030. Scientifically innovative research is the substantiation of the possibility of using the STELLA program for a further attempt to forecast the progress of agrarian business entities. The assessment of the cumulative effect of factors on the change in the net profit of agricultural enterprises has been carried out.

Suggested Citation

  • Balaniuk Ivan & Shelenko Diana & Shpykuliak Oleksandr & Sas Liudmyla & Cherneviy Yurii & Diuk Anna, 2023. "Determinants of Performance Indicators of Agricultural Enterprises," Management Theory and Studies for Rural Business and Infrastructure Development, Sciendo, vol. 45(1), pages 25-36, March.
    • Handle: RePEc:vrs:mtrbid:v:45:y:2023:i:1:p:25-36:n:10
    DOI: 10.15544/mts.2023.04
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    References listed on IDEAS

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    1. Walters, Jeffrey P. & Archer, David W. & Sassenrath, Gretchen F. & Hendrickson, John R. & Hanson, Jon D. & Halloran, John M. & Vadas, Peter & Alarcon, Vladimir J., 2016. "Exploring agricultural production systems and their fundamental components with system dynamics modelling," Ecological Modelling, Elsevier, vol. 333(C), pages 51-65.
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    More about this item

    Keywords

    agricultural enterprises; production; indicators; STELLA program;
    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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