Impact of Credit and Investment Resources on the Productivity of Agricultural Sector

Abstract

The current state of financial provision of agriculture in Ukraine is generally unsatisfactory; therefore, the problem of financing the agrarian sector of the economy in the form of lending and investing appears. The purpose of the article is to assess the impact of external financial support of enterprises in the form of lending and investing on agricultural productivity, as well as an assessment of the risk of overdue loans in the regional section of the agrarian sector of the Ukrainian economy. It is investigated the dependence of income (proceeds) on sales of products, proceeding from the needs of agricultural lending in ensuring the efficiency of its economic activity. Thus, lending and investing in agriculture contributes to increasing sales volumes and revenue (sales) growth from sales, as well as stimulating the development of agrarian enterprises, but the correlation between the analyzed indicators is insignificant. The evaluation results indicate a significant risk of overdue loans to agrarian enterprises for all regions of Ukraine, due to low technical efficiency and high level of delinquency. Significant differentiation of regions according to the level of technical efficiency has been revealed, which may indicate significant reserves of its increase. At the same time, it was found that the interest rates on agricultural loans are not a decisive factor for delays in loans granted to enterprises. In order to improve the situation, it is necessary to increase the volume of external financing and the link density between the parameters: lending – investment – the growth of production and sales, which will allow the formation of a functioning environment, taking into account the possibilities of optimizing costs in each region of the state. Key words: risks, lending, investment, agriculture, risk assessment, agrarian enterprises.

The Influence of the Third Parties Organizations Activities on the Efficiency of the Tourism Services Market Entities

“…Calculation of coefficients of coverage by commission, agency and other rewards of expenses of subjects of tourist activity on accommodation and accommodation and expenses of transport service on areas of Ukraine for 2018 (Table 2 ) is carried out to analyze the operating environment, which will identify opportunities for tourism in the regions depending on the current trends in cost optimization and increase profits of tourism entities. The advantage of the method of analysis of the operating environment (M. Farrell's method) [ 2 ] is that you can use any factors that characterize the results of production or services provision, regardless of the type of economic activity: [ 3 – 8 ].…”

Water resources and food security in Algeria: Diagnosis and new strategy proposition

“…The diversification and redistribution of investments in the agricultural sector will result in a significant increase in agricultural products transformed into differentiated products with high added value. Investment in the agricultural sector also improves agricultural productivity and relates to the development of agriculture business and agro-industries (Hallam, 2009;Usman et al, 2017;Sakhno et al, 2019). In case of Algeria, a quota of 35% is recommended for water resources mobilization, 20% for extension of orchards and vineyards, 10% for the development and renovation of productive potential, 15% for intensification of strategic crops, 10% for agricultural land development and lastly 10% for training, research and vulgarization actions (Bouis, 2000).…”

Formation of a State Support Program for Agricultural Producers in Ukraine Considering World Experience

“…Obviously, Ukraine as a powerful producer of many types of agricultural products and an active and significant participant in world food markets will not be able to remain outside the integration processes. The results of a theoretical analysis showed that Ukrainian scientists are exploring such aspects of the affected problem: impact of state support, credit and investment resources on the productivity of agricultural enterprises [1,2]; the current state and strategic priorities and financial support of Ukrainian agricultural sector development [3,4]; system of institutional and investment support for sustainable development financing and rural areas development [5,6]; assessment of the efficiency of resource potential employment by the communities [7]; the modern contribution of the basic categories of producers to Ukrainian agrarian production and theoretical basis of managing of enterprises' financial potential on the basis of anti-crisis management [8,9]; effectiveness of the government regulation of the system of financial support for the development of consumer cooperation, cooperative marketing in agribusiness [10,11] and other [12]. Foreign scientists mainly study the effectiveness of distribution and use of agricultural subsidies in different countries of the world [13][14][15][16][17][18].…”