Modeling the Structural Relationships Between the Dynamics of Agricultural Insurance, the Agrarian Sector and the Level of Food Security in Ukraine

Juhászová, Zuzana; Marci, Anton; Zhuravka, Olena; Sidelnyk, Natalia; Boyko, Anton; Vasylieva, Tetyana

doi:10.55643/fcaptp.4.51.2023.4113

Cited by 3 publications

(1 citation statement)

References 51 publications

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“…In food security research, an essential determinant is agriculture, which is considered the world's primary food source. The critical role of investing in agriculture because its financing will expand the capabilities of the agricultural sector, increasing its production to provide for a larger population (Bhowmik, 2022;Thiam & Toure, 2020;Juhászová et al, 2023).…”

Section: Literature Reviewmentioning

confidence: 99%

Role of government policy in food security: Economic and demographic challenges

Guliyev,

Atashov,

Guliyeva

2024

Problems and Perspectives in Management

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The state policy on food security should take into account economic (e.g., expansion of agricultural production following domestic food demand, exports, and imports) and demographic (e.g., adequacy of food reserves and production capacities of the agrosector to the pace of population growth, considering urbanization, migration, and a culture of rational consumption) challenges. Government policy should maintain the balance between the stability of the food system, economic development, and demographic changes. Therefore, this study aims to identify implicit (hidden) structural and functional relationships between these elements. The paper employs structural modeling using STATISTICA; the dataset consists of six food security, eight economic, and seven demographic indicators (using World Bank and Food and Agriculture Organization databases for 2011–2021, targeting 39 countries with different levels of GDP per capita (depending on the availability of statistical data)). The results proved the direct impact of the economic variable on food security and the indirect effect of the demographic variable (demographic changes are the engine that triggers economic transformations that further affect food security). When demographic changes increase by one unit, economic development increases by 0.57 and stability of the food system by 0.454. When economic development increases by one unit, the stability of the food system increases by 0.473.

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Section: Literature Reviewmentioning

confidence: 99%

Role of government policy in food security: Economic and demographic challenges

Guliyev,

Atashov,

Guliyeva

2024

Problems and Perspectives in Management

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Cognitive mapping of the economy of trust

Lyeonov,

Brychko,

Korpysa

et al. 2024

Economics &Amp; Sociology

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The concept of trust has been extensively explored by governments, researchers, and academic communities focusing on public authorities and the financial system, albeit in separate contexts. Trust plays a vital role in both sectors, influencing various aspects of governance, economic stability, and societal well-being. However, the relationship and interdependencies between trust in the government and trust in the financial system remain relatively unexplored. In addressing this gap, this study aims to improve the understanding of the role of trust in the socio-economic system and provide a framework for analysing the complex causal mechanisms between developments in the financial and public sectors using trust concepts. To achieve this, the study adopts the Fuzzy Cognitive Mapping (FCM) method in combination with the fuzzy Delphi method (FDM) as the methodological approach. The results highlight that even a small decline in trust can have severe repercussions on the stability of the financial system, deposit levels, exchange rate stability, and the prevalence of non-performing loans. Additionally, violations of trust in the financial sector also impact the development of the public sector, resulting in decreased trust in the government, fiscal stability, tax revenues, and government bond purchases. The study also demonstrated that when trust in both the financial sector and the government is eroded simultaneously, the complexities and the extent of negative consequences are amplified. These findings emphasize the interconnected nature of trust dynamics in both sectors and underscore the importance of a comprehensive approach to addressing trust-related challenges.

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Clustering countries of the world according to their business practices in agriculture

Dobrovolska,

Schmidtke,

Lastovchenko

et al. 2024

Problems and Perspectives in Management

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The study aims to cluster countries worldwide by business practices in the agrosector to reveal trends and specifics in applying sustainable methods in agrobusiness management. The analysis covers 26 countries from the OECD database as of 2021. The Word and k-means clustering methods are based on General Services Support Estimate indicators from the OECD: share of agricultural knowledge and innovation system, share of inspection and control, share of development and maintenance of infrastructure, share of cost of public stockholding, which has a determining, statistically significant influence on the formation of clusters. The first cluster included three Asian countries; China is the leader (share of agricultural knowledge and innovation system – 6,529.7 million USD, share of inspection and control – 3177.9 million USD, share of development and maintenance of infrastructure – 12,874.7 million USD, share of cost of public stockholding – 14,668.5 million USD). The second cluster comprised six countries, with the USA as the leader (share of agricultural knowledge and innovation system – 2,908.4 million USD, share of inspection and control – 1,298.0 million USD, share of development and maintenance of infrastructure – 2,392.5 million USD). The third cluster has 17 countries, with Canada being singled out (share of inspection and control – 631.8 million USD and share of agricultural knowledge and innovation system – 683.1 million USD). The results indicate the diversity of countries’ approaches to support and develop their agrosector. Advanced Asian countries and the US invest significant resources in innovation, infrastructure development, and quality control, underscoring their commitment to food security, efficiency, and sustainability.

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Modeling the Structural Relationships Between the Dynamics of Agricultural Insurance, the Agrarian Sector and the Level of Food Security in Ukraine

Cited by 3 publications

References 51 publications

Role of government policy in food security: Economic and demographic challenges

Role of government policy in food security: Economic and demographic challenges

Cognitive mapping of the economy of trust

Clustering countries of the world according to their business practices in agriculture

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