Investment determinant of the sustainability of innovative technologies of energy supply in the agro-food system of Ukraine

Voloshchuk, Vitalii; Voloshchuk, Yuliia; Varchenko, Olga; Карнаушенко, Алла; Khakhula, Bohdan

doi:10.3280/riss2022-002021

Cited by 2 publications

(1 citation statement)

References 25 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…The classification of sources of financing of an agricultural enterprise is given on a real example. Voloshchuk et al (2023) note that the coordination and combination of efforts of business structures, state authorities and local governments are highly effective in improving the financial situation of agricultural enterprises, and investigate the problems of financing the agricultural sector in Ukraine, consider the issue of access to loans for agricultural enterprises and the role of national support in the development of agriculture.…”

Section: Introductionmentioning

confidence: 99%

Financing of Ukrainian agricultural enterprises: Correlation-regression analysis

Tanklevska,

Cherniavska,

Skrypnyk

et al. 2023

Scientific Horizons

Self Cite

View full text Add to dashboard Cite

The relevance of this study is determined by the fact that financing is a key element of the effective economic activity of agricultural enterprises and the industry as a whole, its food security and the restoration of the work of agricultural enterprises, especially amidst a full-scale war and in the post-war period. The purpose of this study was to investigate the relationship between the obtained net profit (loss) and the sources of financing of agricultural enterprises of Ukraine for 2014-the first half of 2023. The study used general scientific methods (analysis of the dynamics of the volume of financing sources (equity, loans, capital investments, state aid, and deposits), analysis of the net profit of agricultural enterprises, formation of the structure of financing sources, determination of growth rates of indicators), and specific research methods (correlation analysis and multivariate regression method). The authors of the study suggested using the method of correlation-regression analysis with further forecasting of indicators using Chaddock’s tables, Fisher’s and Student’s tests. The correlationregression analysis established that a decisive share in financial support is own capital, while the smallest share is state aid. But in connection with the full-scale war in the country and limited own resources, the authors of the study proposed to involve bank loans and state aid more widely in their own economic activities. A correlationregression analysis was developed to identify the dependence of the financial results of agricultural enterprises (net profit (loss)) and their sources of financing for 2014-2021, a regression equation was developed, and a forecast of the possible net profit (loss) of agricultural enterprises for the future period of 2023-2027 was made. The practical value of the findings is that these results can be used by the host activities of the agricultural enterprise of Ukraine and during the development by state bodies of the Strategy for the Development of the Agricultural Sector and their support programs

show abstract

Section: Introductionmentioning

confidence: 99%

Financing of Ukrainian agricultural enterprises: Correlation-regression analysis

Tanklevska,

Cherniavska,

Skrypnyk

et al. 2023

Scientific Horizons

Self Cite

View full text Add to dashboard Cite

show abstract

Implementation of blockchain technology in agriculture: fashionable trends or requirements of the modern economy

Karnaushenko,

Tanklevska,

Povod

et al. 2023

Agric. resour. econ.

Self Cite

View full text Add to dashboard Cite

Purpose. The purpose is to reveal the theoretical and practical aspects of the implementation and application of blockchain technology in the economic activity of agricultural enterprises, taking into account the economic feasibility of their implementation and determining the system of elements of the implementation of blockchain technology in agriculture. Methodology / approach. The following methods were used during the research: analysis and synthesis, scientific abstraction – when determining the goal and formulating research conclusions; comparative, calculation, statistical and graphic – when evaluating, analyzing, comparing and determining the current state of implementation of blockchain technology in the economic activity of agricultural enterprises. The method of surveying agricultural producers regarding their awareness of blockchain technology and the benefits of its application was also used. The research used: a theoretical approach (based on the analysis of theoretical aspects of blockchain technology and its application in agriculture) and a practical approach (on the basis of the proposed methodology, the economic feasibility of using blockchain technology in the economic activity of an agricultural enterprise was determined). Results. The main areas of influence of blockchain technology in agriculture have been determined. It has been established that every year the amount of funding for the implementation of blockchain technology is increasing, and the reasons are identified. The world experience of implementing blockchain technology in the economic activity of agricultural producers is considered. The results of a survey of agricultural producers of the Mykolaiv and Kirovohrad regions regarding their awareness of blockchain technology and the benefits of its implementation are highlighted. The objective reasons that affect the implementation of blockchain technology in agricultural production are determined and ways of its popularization are proposed. An action algorithm for the introduction of blockchain technology for agricultural producers has been developed. Agricultural producers who are potentially ready and financially able to implement this technology in their activities have been identified. The main factors affecting the cost of implementing blockchain technology in agricultural production have been identified. A methodology for calculating the economic feasibility of implementing blockchain technology according to optimistic and pessimistic options is proposed, and the calculation of the net present value, payback period, discounted payback period of the project, internal rate of return and the rate of return on the example of a specific enterprise of the Mykolaiv region is carried out. Based on theoretical and practical approaches, a system of elements for implementing this technology in agriculture has been developed. Originality / scientific novelty. The novelty consists in the implementation of a comprehensive theoretical study of the problems and prospects of the implementation of blockchain technology in agriculture; for the first time, a system of elements for the implementation of blockchain technology in agriculture was developed; an algorithm of actions for agricultural enterprises that plan to implement this technology was improved; a methodology for calculating the economic feasibility of implementing blockchain technology in an agricultural enterprise was proposed. Practical value / significance. The results can be used in the process of decision-making by business entities regarding the implementation of blockchain technology and the calculation of its economic feasibility, during the optimization of the processes of management of production, financing, supply chains, etc., as well as by scientists, government bodies and other entities that are interested in implementation of blockchain technology in agriculture.

show abstract

Investment determinant of the sustainability of innovative technologies of energy supply in the agro-food system of Ukraine

Cited by 2 publications

References 25 publications

Financing of Ukrainian agricultural enterprises: Correlation-regression analysis

Financing of Ukrainian agricultural enterprises: Correlation-regression analysis

Implementation of blockchain technology in agriculture: fashionable trends or requirements of the modern economy

Contact Info

Product

Resources

About