Research of Factors of Development of Agriculture In Ukraine: Methodical Approach on The Basis of Econometric Modeling
(Pages 581-587)Yuriy Danko1,*, Olena Nifatova2, Volodymyr Orel3, Valeryy Zhmailov3 and Tetiana Lutska4
1Research department, Sumy National Agrarian University, Ukraine.
2Barselona Economic Analysis Team, Universitat de Barcelona, Spain.
3Department of Marketing and Logistics, Sumy National Agrarian University, Ukraine.
4Economics and Law Departmen, National university of food technologies, Ukraine.
DOI: https://doi.org/10.55365/1923.x2022.20.66
Abstract:
The article examines the factors of agricultural development in Ukraine. The study of agricultural production growth reserves was carried out using the production function as a basis for modeling economic development. Considering that the income of the industry is formed under the influence of a combination of factors of extensive and intensive growth, we conducted a correlation and regression analysis of the impact of groups of selected factors on the economic growth of agricultural production.br /> The result of the decomposition of the general variation of the real output of agricultural products of Ukraine into factors made it possible to draw the following conclusion: the potential for extensive growth of agricultural production by attracting additional land and human resources is exhausted. At the present stage of development of agriculture in Ukraine, the main factor in the growth of real agricultural output is to increase productivity.
Keywords:
Agriculture, development factors, modeling.
How to Cite:
Yuriy Danko, Olena Nifatova, Volodymyr Orel, Valeryy Zhmailov and Tetiana Lutska. Research of Factors of Development of Agriculture In Ukraine: Methodical Approach on The Basis of Econometric Modeling. [ref]: vol.20.2022. available at: https://refpress.org/ref-vol20-a66/
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