Economic and Mathematical Analysis of Oil Crop Production

Economic and Mathematical Analysis of Oil Crop Production

The cultivation of oil crops and their processing are an important source of foreign currency incoming for the country and profits for agricultural producers. They are highly competitive, supply the food industry with valuable raw materials and nutritious feed for livestock. The carried out research...

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Bibliographic Details
Main Authors: Samarets Nataliia M., Kravets Mykola O.
Format: Article
Language:English
Published: PH "INZHEK" 2018-12-01
Series:Problemi Ekonomiki
Subjects:
supply the food industry with valuable raw materials and nutritious feed for livestock. The carried out research aims at analyzing the current trends in the state of the market for oil crops in Ukraine and the contribution of the main categories of farms to it. The purpose of the article is to give a statistical assessment of the production of soybeans
sunflower and rape seeds by agricultural enterprises and households. In view of this
the corresponding economic and mathematical models are built
and the place of oil crops in the country’s export products as well as the latest technologies used in this economic sector are determined
the information of the State Statistics Service of Ukraine and the State Fiscal Service being used as empirical data. It is noted that the key function in the production of oil crops is performed by agricultural enterprises
which have more opportunities to increase their production volume. The ranking and clustering of the regions of Ukraine in terms of production of soybeans
sunflower and rape seeds demonstrates that 10 regions of Ukraine provide for the production of 61.9 % of oil crops; 8 regions — 30.7 %; 6 regions — 7.4 %. A significant role in the Ukrainian agro-industrial complex (AIC) and
in particular
in the formation of exports of oil crops is played by domestic agricultural holdings. The designed economic and mathematical models allowed to draw conclusions about the growth rate of the yield of oil crops and the coefficients of elasticity of the volumes of their production in terms of yield. The constructed trend lines and regression equations have fairly high predictive qualities
agricultural enterprise
economic and mathematical modeling
coefficient of elasticity
innovation
Online Access:http://www.problecon.com/export_pdf/problems-of-economy-2018-4_0-pages-360_370.pdf

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http://www.problecon.com/export_pdf/problems-of-economy-2018-4_0-pages-360_370.pdf

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