Investment needs assessment of Ukrainian agricultural enterprises
-
DOIhttp://dx.doi.org/10.21511/imfi.14(1-1).2017.04
-
Article InfoVolume 14 2017, Issue #1 (cont.), pp. 181-190
- Cited by
- 1213 Views
-
462 Downloads
This work is licensed under a
Creative Commons Attribution 4.0 International License
Agricultural enterprises in Ukraine require a considerable investment income. The paper studies the main problems and conditions for investment into agricultural enterprises, the scope and dynamics of their investment provision.
The results of agricultural enterprises activity depend directly on the state of their fixed assets. This is one of the biggest vulnerabilities of agricultural enterprises, which makes it impossible for the economy of Ukraine to demonstrate decent results. Investments should be used primarily for the development of material and technical basis of agricultural enterprises, because the fixed assets always depreciate, the term of their use in many enterprises exceeds 15 years and their number is constantly decreasing.
Investment in technical provision of plant growing is necessary and attractive. Firstly, as a basis of plant growing, grain and oilseeds are always in demand at the domestic and foreign markets. Secondly, the volumes of investments are moderate compared to other investments in agriculture. In the beginning, it is sufficient to invest into the branch on average from 1 to 2 thousand US dollars per 1 hectare. The average payback period of investments is 2-4 years.
Thus, in order to stimulate investments, it is vital to form a qualitatively new policy aimed at increasing investment attractiveness of agricultural enterprises.
- Keywords
-
JEL Classification (Paper profile tab)O13, Q13, Q110
-
References36
-
Tables7
-
Figures1
-
- Fig. 1. The fleet of tractors and combine harvesters in agricultural enterprises of Ukraine (end of the year), thousand units
-
- Table 1. Selected indicators of the development of agricultural enterprises in Ukraine in 2010-2015
- Table 2. Foreign direct investments (joint-stock capital) of the world’s countries into the Ukrainian economy (volumes of direct investments as of January 1), million US dollars
- Table 3. Direct investments (joint-stock capital) to Ukraine from the world’s countries (volumes of direct investments as of January 1), million US dollars
- Table 4. Foreign direct investments into agriculture, forestry and fishery from individual countries, million US dollars
- Table 5. Investments into fixed assets of the agricultural sector, 2010-2015 (at the beginning of the year)
- Table 6. Production of tractors, combine harvesters and agricultural machinery in Ukraine, units
- Table 7. Purchasing of agricultural machinery in 2011-2013
-
- Andrew Beattie. Retrieved from: A Primer For Investing In Agriculture / Investopedia.
- Denysenko, M. P. (2003). Osnovy investytsiinoi diialnosti. Kyiv: Aleuta, 338 s.
- Dopovid “Silske hospodarstvo Ukrainy v 2014 r.”
- Employment in agriculture (% of total employment) [electronic resource], The World Bank.
- Exploring agriculture investment.
- Haidutsky, A. P. (2005). Investytsiina pryvablyvist ahrarnoho sektora ekonomiky Ukrainy na mizhnarodnomu rynku kapitalu. Kyiv Natsionalnyi universytet im. T. Schevchenka, 20 s.
- Heraimovych, V. L. (2014). Investytsiinyi proces ta ioho vplyv na ekonomichnyi rozvytok ahrarnoho sektoru. Zhytomyr, 20 s.
- Hotra, V. V. (2015). Suchasnyi stan, faktory zapezpechennia ta napriamy aktyvizatsii investytsiinoi diialnosti u sferi silskoho hospodarstva. Aktualni problemy ekonomiky, 6, 114-121.
- Hutkevych, S. O. (Ed.), Puhachov, M. I., Zavadskykh, H. M., Zanozovska, O. H. (2016). Stratehiia rozvytku: investytsiinyi vymir. Kharkiv, 17.
- Hutkevych, S. S. (2004). Formuvannia investytsiinoi pryvablyvosti ahrarnoho sektora ekonomiky. Natsionalnyi naukovyi tsentr “Instutut ahrarnoi ekonomiky”, 31 s.
- Impacts, challenges and opportunities of foreign agricultural investment.
- Kernasiuk, Yu. (2015). Ohliad rynku tekhniky dlia APK.
- Kisil, M. I. (2014). Suchasni vyklyky, stratehichni priorytety ta zavdannia schodo investytsiinoho zabezpechennia rozvytku silskoho hospodarstva. Innovatsiina ekonomika, 1, 14-19.
- Kodenska, M. Yu., Nesterchuk, Yu. O. (2011). Investytsiina skladova ahrarno-promyslovoi intehratsii. Ekonomika APK, 3, 45-51.
- Koval, L. M. (2015). Investytsiine kredytuvannia pidpryiemstv ahrarnoho sektoru. Ekonomika APK, 1, 35-40.
- Labenko, O. M. (2008). Investytsiina diialnist silkskohospodarskykh pidpryiiemstv ta ii finansuvannia. Natsionalnyi ahrarnyi universytet, Kyiv, 19 s.
- Levchenko, N. V., Ohlikh, V. V. (2012). Metody otsinuvannia investytsiinoi pryvablyvosti silskoho hospodarstva rehioniv Ukrainy v konteksti stratehichnoho planuvannia. Aktualni problemy ekonomiky, 8, 285-293.
- Libor Krkoska. Foreign direct investment financing of capital formation in Central and Eastern Europe.
- Lissitsa, A. (2011). Ukraina zatsikavlena v dovhostrokovykh investytsiiakh u silske hospodarstvo. Uriadovyi kurier, 98, 25.
- Lupenko, O. Yu., Kisil, M. I. (Ed.). (2012). Stratehichni napriamy investytsiinoho zabezpechennia rozvytku silskoho hospodarstva Ukrainy na period do 2020 roku. NNCIAE, 66 s.
- Lupenko, O. Yu., Mesel-Veselyak, V. Ya. (Ed.). (2012). Stratehichni napriamy rozvytku sislskoho hospodarstva Ukrainy na period do 2020 roku. K.: NNC “IAE”, 218 s.
- Maslak, O. (2014). Rynok tekhniky: doroho, ale neobkhidno.
- OECD Eurasia Competitiveness Programme.
- Pavlenko, O. (2015). Dorozhnia karta reform ahrosektora.
- Ratoshniuk, T. M., Martyniuk, M. A. (2013). Investytsiina pryvablyvist ahrarnoi sfery. Visnyk Sumskoho natsionalnoho ahrarnoho universytetu. Finansy i kredyt, 1, 88-92.
- Rekere, I., Kirkher, R., Naumenko, D. (2014). Promyslovyi sektor Ukrainy: analiz ta ostanni tendentsii
- Sabluk, P. T., Kisil, M. I., Kodenska, M. Yu. (Ed.). (2005). Investytsiina pryvablyvist ahrarno-promyslovoho vyrobnytsva rehioniv Ukrainy. K.: NNCIAE, 478 s.
- Sabluk, P., Shpykuliak, O., Kurylo, L. (2010). Innovatsiina diialnist v ahrarnii sferi: instutsionalnyi aspekt. Kyiv: NNC IAE, 706 s.
- Salkova, I. Yu. (2015). Prioritetnyie napravleniia razvitiia ptitseproduktovoho podkompleksa. APK Ukrainy. Ekonomika. Finansy. Menedzhment: aktualnyie voprosy nauki i praktiki, 4, 35-41.
- Silske hospodarstvo Ukrainy 2014. (2015). Derzhavna sluzhba statystyky Ukrainy. Kyiv, 379 s.
- Statystychnyi schorichnyk Ukrainy za 2015 rik. (2016). Derzhavna sluzhba statystyky Ukrainy; Vidp. za vyp. Vyshnevska, O. A., Kyiv, 586 s.
- Vasyliev, S. V., Sitkovska, A. O. (2010). Intensyvno-innovatsiina skladova rozvytky ahrarnoho vyrobnytsva. Materialy mizhnarodnoi naukovo-praktychnoi konferentsii “Stalyi rozvytok terytorii: problemy ta shliakhy vyrishennia”, 1-2 zhovtnia 2010 r. Dnipropetrovsk: DRIDU NADU, 124-126.
- Vinichenko, I. I. (2010). Investytsiina diialnist ahrarnykh pidpryiemstv. Donetsk: Yuho-Vostok, 444 s.
- Vyshnevska, O. M., Filatova, O. A. (2013). Investytsiina pryvablyvist silskohospodarskykh pidpryiemstv Ukrainy. Ekonomichnyi prostir, 72, 25-34.
- Yurchyshyn, V. (2003). Kontseptualni osnovy rozrobky novitnioi ahrarnoi polityky ta ii realizatsii. Ekonomika APK, 8, 4-9.
- Zakharchuk, O. V. (2014). Problemy materialno-tekhnichnoho zabezpechennia silskohospodarskykh pidpryiemstv Ukrainy. Ekonomika APK, 7, 92-99.