Impact of Innovative Technologies on the Financial Stability of Milk Production Enterprises

2020 ◽  
pp. 27-31
Author(s):  
A.A. Alekseev ◽  
◽  
A.V. Konovalov ◽  
K.V. Pavlov ◽  
◽  
...  
Keyword(s):  
Agricultural Production ◽  
Financial Stability ◽  
Investment Projects ◽  
Agricultural Enterprises ◽  
Funding Sources ◽  
Direct Support ◽  
Technological Modernization ◽  
Regional Budgets ◽  
The Impact ◽  
Enterprise Analysis

Industry-specific features of agricultural production are reflected in the methodology for assessing the financial stability, solvency and efficiency of the enterprise. Analysis of the impact of investment projects for technological modernization in dairy farming in a number of farms in the Yaroslavl region revealed the dependence of enterprises on borrowed funding sources, the lack of liquid assets and their low economic efficiency. The analysis of the total direct support of agricultural enterprises from the federal and regional budgets revealed a positive dynamics of the effectiveness of the allocated subsidies.

scholarly journals Formation of strategic areas of modernization of technological renewal of production at agricultural enterprises

2019 ◽  
pp. 75-85 ◽  
Author(s):  
Petro Putsenteilo ◽  
Rostyslav Bahlei
Keyword(s):  
Agricultural Production ◽  
Fixed Capital ◽  
High Tech ◽  
Technical Equipment ◽  
Agricultural Producers ◽  
Agricultural Enterprises ◽  
Stage Of Development ◽  
Technological Modernization ◽  
The Impact ◽  
Production Resources

Introduction. The current stage of development of the economy of the advanced countries of the world is characterized by high-tech agricultural production with a sufficiently high level of its provision with production resources. Timely updating of the main technical means guarantees sustainable economic development of the industry. For agricultural producers, the importance of quantitative and qualitative parameters of basic technical equipment and their timely updating is enhanced due to the impact on the productivity of agricultural production of natural and climatic factors. However, the problem of technical and technological renewal of agricultural production remains unresolved in Ukraine for a number of subjective and objective reasons that require identifying and finding ways to eliminate them. Methods. Theoretical and methodological basis of the article is the fundamental provisions of modern economic science, the work of scientists. In the course of the research, in particular, the following methods are used: analysis and synthesis – to study the object and object of the research; abstract and logical (theoretical generalizations and formulation of conclusions); constructive and experimental (formation of strategic directions of technological modernization of production modernization). Results. It has been found that the formation of a strategy of reproduction of fixed capital is adversely affected by the disparity of prices for agricultural products and industrial production resources and the significant risks associated with the specific features of agricultural production. The strategy of reproduction of fixed capital is substantiated, which should be aimed at radical technical modernization of agriculture and equipping of agriculture with systems of machines for complex mechanization of all technological processes of production production. Innovative developments of scientific institutions for the subjects of agrarian business are highlighted. A strategic SWOT-analysis of the development of the technical base of agricultural producers has been conducted. Innovations are classified by agricultural enterprises of Ternopil region. It is determined that the key factor for effective technical modernization in agriculture is stimulating scientific research on the development, promotion and development of technological and technological innovations in the agricultural sector. Discussion. The obtained theoretical and applied recommendations can be used to improve the existing approaches to creating strategic directions for modernization of technological modernization of production in agricultural enterprises. Keywords: material and technical support, modernization of agricultural production, technological renewal, agricultural machinery, innovative developments.

scholarly journals Simulation Modeling in Assessing the Effectiveness and Risk of Investment Projects

2020 ◽  
Vol 22 (1) ◽  
pp. 119-124
Author(s):  
Volodymyr Kharchenko ◽  
◽  
Hanna Kharchenko ◽  
Keyword(s):  
Monte Carlo ◽  
Monte Carlo Method ◽  
Agricultural Production ◽  
Random Number ◽  
Investment Project ◽  
Average Risk ◽  
Universal Method ◽  
Investment Projects ◽  
The Monte Carlo Method ◽  
The Impact

Introduction. The article deals with the modeling features in the implementation of investment projects using the Monte Carlo method. The purpose of the article is to substantiate the feasibility of using economic and mathematical models to identify the risks of investment projects in agricultural production, taking into account the randomness of factors. Results. The expediency of using this method during the analysis of projects in agriculture is determined. This type of modeling is a universal method of research and evaluation of the effectiveness of open systems, the behavior of which depends on the influence of random factors. Particular attention is paid in such cases to decisions on the implementation of investment projects. The expediency of using this method in the analysis of projects in agriculture is determined. The main characteristics of the investment project are considered: investments involve significant financial costs; investment return can be obtained in a few years; there are elements of risk and uncertainty in forecasting the results of the investment project. The algorithm of the analysis of investment projects consisting of various stages is offered. The importance of investigating the risks of investment projects in agricultural production is substantiated. It is investigated that the basis of the Monte Carlo method is a random number generator, which consists of two stages: generation of a normalized random number (uniformly distributed from 0 to 1) and conversion of a random number into an arbitrary distribution law. The task of choosing an investment project for a pig farm is proposed. The calculations revealed that the amount of the expected NPV is UAH 63,158.80 with a standard deviation of UAH 43,777.90. The coefficient of variation was 0.69, so the risk of this project is generally lower than the average risk of the investment portfolio of the farm. Conclusions. The results of the analysis obtained using the method of Monte Carlo simulation are quite simple to interpret and reflect the change of factors over a significant interval, taking into account the probabilistic nature of economic factors. Thus, this method allows the implementation of the investment project to assess the impact of uncertainty on the final result of the project.

scholarly journals DETERMINATION OF OPTIMAL FUNDING SOURCES FROM A SET OF ALTERNATIVES

2021 ◽  
pp. 55-63
Author(s):  
N. Koshevsky
Keyword(s):  
Capital Structure ◽  
Economic Efficiency ◽  
Investment Project ◽  
Point Of View ◽  
Practical Case ◽  
Baseline Scenario ◽  
Investment Projects ◽  
Funding Sources ◽  
Return On Capital ◽  
The Impact

The introduction provides a brief review of the literature on methods for assessing the effectiveness of investment projects, based on which the choice of optimal sources of financing is made. In the main part of the work, various scenarios for the implementation of an investment project are disclosed: sources of financing that are alternative to the baseline scenario are attracted. In the final part of the work, the considered scenarios are assessed and conclusions are drawn.For each enterprise, improving the financial and economic efficiency of its activities is one of the priority tasks. These tasks include the need to increase the return on capital, the choice of funding sources that have a positive effect on economic efficiency. This paper examines the ways of choosing the optimal, from the point of view of the impact on economic efficiency, instruments for financing an investment project. A practical case of project financing with an assessment of the effectiveness of the implementation of an investment project is considered. To analyze the alternatives, a financial business model was developed, which allows you to quickly make changes, update performance indicators and make decisions about the required capital structure. It is concluded that the optimal capital structure with the highest NPV indicator and that when assessing the efficiency parameters, it is necessary to make an adjustment for the possible presence in the company's capital structure of funding sources that distort the comparability of the project in relation to projects without such sources (for example, budget grants).

ASSESSMENT OF PRODUCTION FUNCTIONS AND ANALYSIS OF THE IMPACT OF PRODUCTION FACTORS ON THE MAIN INDICATORS AGRICULTURE OF THE REPUBLIC OF DAGESTAN

2020 ◽  
Vol 4 (12) ◽  
pp. 38-42
Author(s):  
N. M. CHAPAEV ◽  
Keyword(s):  
Agricultural Production ◽  
Factor Models ◽  
Production Functions ◽  
Agricultural Enterprises ◽  
Republic Of Moldova ◽  
Production Factors ◽  
Different Types ◽  
The Republic ◽  
The Impact ◽  
The Relationship

This article assesses the relationship and dependence between the main economic indicators of agricultural enterprises of the Ministry of agriculture of the Republic of Moldova for different years, models of production functions of different types are constructed. The parameters and characteristics for two-factor models expressing the dependence of agricultural production on the number of people employed in agriculture are given.

scholarly journals Impact of economic risks on the financial stability of agricultural enterprises

2020 ◽  
Vol 161 ◽  
pp. 01065
Author(s):  
Elena Dadayan ◽  
Anna Storozheva ◽  
Ekaterina Letyagina
Keyword(s):  
Agricultural Production ◽  
Financial Stability ◽  
Russian Society ◽  
Financial Risks ◽  
Agricultural Enterprises ◽  
Analysis And Synthesis ◽  
Bankruptcy Procedure ◽  
Quantitative Indicators ◽  
Agricultural Organization ◽  
Economic Risks

This article features a topical research, which is determined by the state of the economic sphere of life of modern Russian society. It focuses on the agricultural economic field of activity represented by agricultural enterprises. In the process of researching issues raised in the article, we have used general and specific scientific research methods, such as observation, analysis and synthesis, deduction and induction. They are what made it possible to identify economic risks that affect the financial stability of economic entities. We have focused on the financial risks of agricultural enterprises. Activities in agriculture are risky, and the growth of agricultural production, financial stability, etc., depends on how subjects overcome economic risks of various types. It is no secret that the growth of agricultural production is largely shaped by export economic operations. Thus, this leads to a drop in domestic consumer demand. Economic risks can lead to financial insolvency of agricultural enterprises. The article focuses on the specifics of the bankruptcy procedure of an agricultural organization. We provide quantitative indicators on declaring a debtor bankrupt by sectors of the economy for 2017 and 2018, including ones for bankruptcies of agricultural enterprises in the Krasnoyarsk region. Using systematic approach, we come to the conclusion about the main problems associated with the financial insolvency of agricultural enterprises.

scholarly journals Technological modernization of agricultural production: condition, forms, methods and directions of innovations support

2019 ◽  
Vol 81 (1) ◽  
pp. 373-379
Author(s):  
A. S. Chekunov
Keyword(s):  
Agricultural Production ◽  
Production Condition ◽  
The State ◽  
Agricultural Producers ◽  
Agricultural Enterprises ◽  
The Us ◽  
Key Factor ◽  
Agriculture Modernization ◽  
Technological Modernization ◽  
Alternative Choice

The article is devoted to the modernization of domestic agricultural production, its support from the state, the introduction by agricultural producers of innovations in the production process. The article systematizes the views of economists on the forms (directions) and methods of supporting innovation in agriculture. Modernization of agricultural production is one of the primary tasks of increasing the competitiveness of the industry. Improvement of production in agriculture, which is impossible without the use of innovation, is becoming a key factor in achieving success in competition in foreign markets for agricultural products. Statistics show that the technical and technological modernization in the industry is extremely weak. It should be noted that the level of innovation in domestic agriculture is about 10%, while in the US it is more than 50%. The decline in the production of agricultural machinery threatens the technical and technological modernization of the industry, since agricultural producers with limited financial capabilities, with the continuation of this negative trend in the near future, there will be no possibility of an alternative choice when acquiring the much-needed equipment. The insignificant financing of innovations in agriculture by the state led to the fact that only 2% of agricultural enterprises introduce innovative technologies into their activities. The state needs to support domestic producers of agricultural equipment, since their absence poses a real threat to the food security of the national state.

Impact of Digital Technologies on Agricultural Production: Methodical Aspect

2020 ◽  
pp. 40-45
Author(s):  
Z.Ch. Pak ◽  
◽  
D.P. Kravchenko ◽  
Keyword(s):  
Value Chain ◽  
Agricultural Production ◽  
Agricultural Sector ◽  
Digital Technologies ◽  
Agricultural Enterprises ◽  
Starting Point ◽  
The Impact

The article examines the impact of digital technologies on agricultural production. Digital technologies are classified according to the degree of influence on the development of agricultural enterprises. Groups of technologies with high average and low impact on the configuration of the value chain in agricultural production are identified. The basic (main) and auxiliary (possible) conditions for digitalization of agricultural production are defined, which are the starting point for implementing digital transformations in the agricultural sector of the economy. Along with significant advantages, the key problems of implementing digital innovations in agricultural production are identified.

scholarly journals Motorway Route Planning with Regarding the Adverse Effects on Agricultural Production Space

2019 ◽  
Vol 11 (23) ◽  
pp. 6770
Author(s):  
Małgorzata Dudzińska ◽  
Stanisław Bacior ◽  
Barbara Prus
Keyword(s):  
Rural Areas ◽  
Agricultural Production ◽  
Agricultural Land ◽  
Route Planning ◽  
Investment Project ◽  
Design Stage ◽  
Space Module ◽  
Investment Projects ◽  
Production Space ◽  
The Impact

Designing and implementing investment projects are activities that have a direct impact on the natural environment and pose a threat to sustainable development of rural areas. The issue of agricultural production space protection during the implementation of linear projects in Poland is often only mentioned at the design stage as the final element. The aim of the study is to propose a tool to enable an assessment and modelling of a motorway design variant in order to minimise the impact on the agricultural production space. Four indicators introduced in the modelling procedure include the loss of agricultural land, a decrease of land productivity in the vicinity of an investment project, changes in the spatial structure of areas divided by the investment, and difficulties resulting from the accessibility of areas. The superiority of the proposed method over consolidations implemented in the vicinity of a motorway is due to the introduction into projects not only of elements organising the space but also attributes that prevent the reduction of the production capabilities of the land located in the vicinity of the motorway (Module I) and, secondly, the elements decreasing the re-organisation of the space (Module II).

scholarly journals Socio-Economic Aspects of the Development of Agricultural Enterprises in Irkutsk Region

2020 ◽  
Vol 11 (4) ◽  
Author(s):  
Sergey Vinokurov
Keyword(s):  
Agricultural Production ◽  
Living Standards ◽  
Wage Dynamics ◽  
Agricultural Enterprises ◽  
Industrial Enterprises ◽  
Irkutsk Region ◽  
Production Distribution ◽  
Material Goods ◽  
Main Factors ◽  
The Impact

Living standards and the level of socio-economic development are inextricably linked to the economic efficiency of production, distribution, exchange, and consumption of the material goods. The productivity and salary level of agro-industrial enterprises have a decisive influence on the level of agricultural enterprises development and financial capabilities. The article analyzed the impact of the main factors on the workers wages in Irkutsk region agricultural enterprises. The study focused on the analysis of wage dynamics and its impact on productivity in agricultural enterprises. The study concluded that there is a need to develop, strengthen and improve production by creating conditions for the development of industrial and agricultural production, which will lead to the creation of additional jobs and increase the gross domestic product production to provide the population with high quality food products.

scholarly journals READINESS OF STAFF TO PERCEPTION AND INTRODUCTION OF MODERN TECHNOLOGY AND TECHNOLOGIES IN AGRICULTURAL PRODUCTION

2018 ◽  
Vol 13 (3) ◽  
pp. 148-152 ◽  
Author(s):  
Асия Субаева ◽  
Asiya Subaeva ◽  
Лейсан Мавлиева ◽  
Leysan Mavlieva
Keyword(s):  
Agricultural Production ◽  
Modern Technology ◽  
Technological Support ◽  
Agricultural Enterprises ◽  
Qualified Personnel ◽  
The Social ◽  
Social And Economic Development ◽  
Labor Resources ◽  
Additional Education ◽  
The Impact

Technical progress and modernization of agricultural production lead to fluctuations in the level of demand and supply in the labor market and provoke a number of social and economic problems: rising unemployment, underemployment, chronic shortages or redundancy of certain professions, aging of staff, low wages, leading to high the turnover of personnel in agriculture, the reduction of labor competitiveness and the growth of social tension in society. In the conditions of increasing use of innovative technologies in agricultural production, qualified personnel become more and more popular every year, as well as receiving permanent additional education. However, the ongoing positive changes in mechanization and automation of production do not significantly affect the social and economic development of the rural population, which leads to staff turnover and aging of the workforce. In this regard, the purpose of the publication is to study the changes in the gender and quantity composition of workers in agricultural enterprises, assess the socio-economic conditions of rural development. The analysis of the state and trends of the personnel potential, the impact of the changes in technical and technological support on the deepening of its professional and qualification of the division of labor, which should ultimately be taken into account in the development of conceptual provisions for the forecasting of labor resources. Based on the results of the analysis, the causes of the identified problems were identified and measures for their solution were proposed.

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