STUDY OF FACTORS INFLUENCING THE EFFICIENCY OF AGRICULTURAL ENTERPRISES IN UKRAINE

Abstract

The efficiency of the enterprise is always an important issue, especially when it concerns agricultural enterprises, which depend on the influence of many factors and weather conditions in the first place. The purpose of the study was to investigate the system of economic factors that determine the efficiency of agricultural enterprises in 2014–2018 and identify the main reasons for the decrease in the efficiency of agricultural enterprises in Ukraine. Its implementation was ensured by a study conducted with the use of such methods as abstract-logical, comparative, synthesis, economic-statistical, tabular, and graphical. Several factors that influenced the efficiency of agricultural enterprises of Ukraine during the research period were identified. Thus, in 2018, the number of enterprises engaged in agricultural activities increased by 6,5%, which in turn increased competition in the agricultura market of Ukraine. The negative factors influencing the efficiency of agricultural enterprises included the underdevelopment of the labour market and the redundancy of the village. Low wages in agriculture demotivates the population to find employment in such enterprises, which reduces the efficiency of agricultural enterprises. The study shows a positive dynamic of changes in gross output, including gross agricultural output per 100 hectares of agricultural land, which increased in 2018 compared to 2010 and 2016 by 69% and 9,4%, respectively. Negative factors include a decrease in fixed capital efficiency by 9% and the level of profitability of agricultural enterprises by 12,1% in 2016–2018. Thus, based on the above material, the study proposed measures to improve the efficiency of agricultural enterprises such as the gradual transition of agricultural enterprises to production with the use of technological maps, the establishment of a progressive system of remuneration of personnel from the results, systematic monitoring of performance indicators. Issues of state regulation of the efficiency of agricultural enterprises require further research

Keywords

• efficiency
• efficiency assessment
• labor productivity
• wages
• gross output
• profitability
• optimization