Research of Factors of Development of Agriculture In Ukraine: Methodical Approach on The Basis of Econometric Modeling

Abstract

The article examines the factors of agricultural development in Ukraine. The study of agricultural production growth reserves was carried out using the production function as a basis for modeling economic development.Considering that the income of the industry is formed under the influence of a combination of factors of extensive and intensive growth, we conducted a correlation and regression analysis of the impact of groups of selected factors on the economic growth of agricultural production.The result of the decomposition of the general variation of the real output of agricultural products of Ukraine into factors made it possible to draw the following conclusion: the potential for extensive growth of agricultural production by attracting additional land and human resources is exhausted. At the present stage of development of agriculture in Ukraine, the main factor in the growth of real agricultural output is to increase productivity