agriculture, agriculture, enterprise, enterprise, business entities, business entities, capital investment, capital investment, profit, profit, loss, loss, volume of sales, volume of sales, war, war
Abstract
The scientific article analyzes the activities of agricultural enterprises in Ukraine in the conditions of a full-scale war. It was determined that with the beginning of the full-scale invasion, the number of economic entities under the type of economic activity 01 «Agriculture, hunting and the provision of related services» significantly decreased: from 64,960 units in 2021 to 48,378 units in 2022. At the same time, the share of individual entrepreneurs in the structure of economic entities increased from 29.1% in 2021 to 34.4% in 2022. The impact of the war on the financial results of agricultural enterprises was assessed by type of economic activity 01 «Agriculture, hunting and the provision of related services». The share of loss-making enterprises almost doubled to 21.5% in 2022. The amount of net profit decreased in 2022 compared to 2021 by UAH 15,278,3448.6 thousand or by 64.3%. Together with the deterioration of the financial results of agricultural enterprises, the volume of capital investments decreases.According to the State Statistics Service of Ukraine, capital investments by type of economic activity 01 «Agriculture, hunting and related services» decreased by UAH 18,380.6 million or by 27%. The value of the coefficient of determination R2=0.7767 shows that 77.67% of the volume of realized products (goods, services) is explained by the volume of capital investments. The relationship between the investigated indicators for this type of economic activity is close and direct, since the Pearson correlation coefficient rxy=0.881, that is, the more capital investment is invested in the development of economic entities in the field of agriculture, the greater the volume of sold products (goods, services). In order to detail the relationship between the volume of sold products (goods, services) and capital investments, an economic-mathematical model was developed using the «Regression» function in the Excel software. The economic-mathematical model has the form y=9936.1x-3681773.27. Fisher’s test was used to check its statistical significance.
Author Biographies
Olena Oliinyk, National University of Water and Environmental Engineering, Rivne
Candidate of Economics (Ph.D.), Associate Professor
Yuliia Malashynska, National University of Water and Environmental Engineering, Rivne
