DOI: https://doi.org/10.20535/2307-5651.15.2018.132213

ECONOMIC-MATHEMATICAL MODELING OF THE EFFICIENCY GROWTH OF THE AGRARIAN SECTOR OF THE UKRAINIAN ECONOMY

M. Vitenbek, O. Stets

Анотація


The article analyzes all stages of production of both raw materials and finished
agricultural products common for the modern agricultural production in Ukraine. Both the
external and internal factors influencing the primary and secondary production of agricultural
products were studied. The markets for agricultural raw materials and finished products, namely,
the national and international markets for agricultural products, were also considered.
Based on the results of analysis, the economic-mathematical model of production and
processing of agricultural products as a single economic system has been constructed . The model
was built taking into account the most vital requirements of each of the selected stages,. Each of
the five stages of production, that were distinguished, was described using mathematical formulas.
For some of the steps, the Cobb-Douglas multiplicative production function, modernized for the
specifics of agricultural production, was used. The function used includes the influence of the
areal factor on the gross agricultural production, as well as classic labor and capital factors. The
problem of increasing the efficiency of the agricultural sector of Ukraine's economy was
formulated and solved
Using this economic-mathematical model of production in the development of agricultural
policy and macroeconomic planning will allow to consider changes in the economy of the
agricultural and processing industry, to assess the possible consequences of new activities in state
economic policy, implementation and monitoring of the long-term negative and positive trends of
production and processing of agricultural products. Moreover, due to this model, it could be
possible to increase the volume of earnings inforeign currency, which, in turn, can be used as
investment not only in agricultural but also in other sectors of the national economy.


Ключові слова


agriculture; agricultural production; mathematical modeling; economy of Ukraine;

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Посилання


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Copyright (c) 2018 M. Vitenbek, O. Stets

ECONOMIC BULLETIN OF NATIONAL TECHNICAL UNIVERSITY OF UKRAINE "KYIV POLYTECHNICAL INSTITUTE"

JOURNAL OF MANAGEMENT AND MARKETING FACULTY OF
NATIONAL TECHNICAL UNIVERSITY OF UKRAINE “IGOR SIKORSKY KYIV POLYTECHNIC INSTITUTE”

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