ISSN 2413-2322 (Online)

ISSN 2221-1055 (Print)

UDS: 633. 15:631.5 DOI: https://doi.org/10.32317/2221-1055.202102015
Економіка агропромислового виробництва

Yield or profit: alternatives to the development of national crop production / Zherlitsyn D.M., Skrypnyk A.V., Klymenko N.A., Tuzhyk K.L. // Ekonomika APK. - 2021. - № 2 - P. 15

The purpose of the article is to determine with the help of econometric and optimization methods the priority strategies of agrarian business in the field of crop production and to compare with the existing leaders in the use of innovations in the field of crop production. Research methods. The study is based on the use of econometric analysis methods to build trends in grain yield dynamics in leading countries in the use of innovative agricultural technologies and optimization methods for the study of dominant strategies used by agricultural enterprises in crop production. Research results. As a result of using the declining marginal grain yield depending on the amount of costs, which are determined by the cost of importing technology per 1 ha, the optimal cost values for both maximum yield and maximum profit. It is shown that at certain time intervals the costs of farmers were excessively high not only in terms of profit optimization but also to optimize yields. It is assumed that taking into account the latest innovation trends, agribusiness will move to a strategy of profit maximization Scientific novelty. As a result of econometric analysis it is shown that the use as a target function of yield leads to a significant increase in the variability of this indicator, while a moderate increase in yield is accompanied by significantly less variability. Quantitative indicators of the impact of climate risks on grain yields in Ukraine have been obtained, which explain approximately 50% of the variance in the grain yield indicator in Ukraine. Practical significance. It is shown that the representation of marginal yield in the form of a decreasing linear function is confirmed in practice. Further research, which in the presence of detailed information on the production processes of individual enterprises can be conducted by panel regression (observation points are spaced in space and time), can provide a more detailed picture of the efficiency of individual production components in their areas of interaction. Tabl.: 4. Figs.: 3. Refs.: 19.
Key words: marginal yield; trend; technology import, variability, profit optimization; weather risks

References

  1. Angelsen, A. & Kaimowitz, D. (2001). Agricultural Technologies and Tropical Deforestation. CABI Publishing. Retrieved from : https://www.cifor.org/knowledge/publication/1068 [In English].
  2. Behnke, G.D., Zuber, S.M., Pittelkow, C.M., Nafziger, E.D. & Villamil, M.B. (2018). Long-term crop rotation and tillage effects on soil greenhouse gas emissions and crop production in Illinois, USA. Agriculture, Ecosystems & Environment, vol. 261, pp. 62–70 [In English]. https://doi.org/10.1016/j.agee.2018.03.007.
  3. Börjeson, L. (2007). Boserup backwards? agricultural intensification as ‘its own driving force’ in the mbulu highlands, tanzania. Geografiska Annaler: Series B, Human Geography, vol. 89 (3), pp. 249–267 [In English]. https://doi.org/10.1111/j.1468-0467.2007.00252.x.
  4. Greene, W.H. (2012). Econometric Analysis. Seventh Edition. Pearson Education Limited [In English].
  5. Fertilizers by Product. (2019). FAOSTAT. Retrieved from : http://www.fao.org/faostat/en/#data/RFB [In English].
  6. Crops. FAOSTAT. (2019) Retrieved from : http://www.fao.org/faostat/en/#data/QC [In English].
  7. Oerke, E.C. (2005). Crop losses to pests. The Journal of Agricultural Science, vol. 144 (1), pp. 31–43 [In English]. https://doi.org/10.1017/s0021859605005708.
  8. Pingali, P.L. (2012). Green Revolution: Impacts, limits, and the path ahead. Proceedings of the National Academy of Sciences, 109 (31), pp. 12302–12308 [In English]. https://doi.org/10.1073/pnas.0912953109.
  9. Pretty, J. & Bharucha, Z.P. (2014). Sustainable intensification in agricultural systems. Annals of Botany, vol. 114 (8), pp. 1571–1596 [In English]. https://doi.org/10.1093/aob/mcu205.
  10. Skrypnyk, A., Talavyria, M. & Bukin. E. (2015). The rise of the ‘emerging economies’: towards functioning agricultural markets and trade relations? World wheat market instability inspired by emerging markets. Journal of Financial Management and Accounting. 3(1). pp. 47–62 [In English].
  11. Skrypnyk, A., Zhemoyda, O., Klymenko, N., Galaieva, L. & Koval, T. (2021). Econometric Analysis of the Impact of Climate Change on the Sustainability of Agricultural Production in Ukraine. Journal of Ecological Engineering, vol. 22 (3), pp. 275–288 [In English]. https://doi.org/10.12911/22998993/132945.
  12. US Inflation Calculator. Retrieved from : https://www.usinflationcalculator.com [In English].
  13. Buniak, N.M. & Danylko, I.M. (2020). Orhanizatsiino-ekonomichnyi mekhanizm prosuvannia sortiv zernovykh kolosovykh kultur inozemnoi selektsii na rynky Ukrainy [Organizational and economic mechanism for promoting varieties of spire cereal crops of foreign selection on the Ukrainian markets]. Ekonomika APK, 3, pp. 25 35 [In Ukrainian]. https://doi.org/10.32317/2221-1055.202003025.
  14. Zakharchuk, O.V. (2020). Svitovyi rynok nasinnia ta mistse Ukrainy v nomu [The world seed market and the place of Ukraine in it]. Ekonomika APK, 4, pp. 16 26 [In Ukrainian]. https://doi.org/10.32317/2221-1055.202004016.
  15. Klymenko, N.A. (2008). Biolohizatsiia vyrobnytstva yak shliakh zblyzhennia ekonomiky ta ekolohii [Biologization production as a way of convergence economy and ecology]. Ahrarna nauka i osvita, vol. 9 (3 4), pp. 105–108 [In Ukrainian].
  16. Kropyvko, M.F. (2020). Pozytyvy i nehatyvy ahrarnoho ustroiu Ukrainy [Positives and negatives of the agrarian system of Ukraine]. Ekonomika APK, 7, pp. 6 19 [In Ukrainian]. https://doi.org/10.32317/2221-1055.202007006.
  17. Mesel-Veseliak, V.Ya. (2018). Vyrobnytstvo zernovykh kultur v Ukraini: potentsiini mozhlyvosti [Regional production of grain crops in agricultural enterprises of Ukraine]. Ekonomika APK, 5, pp. 5 14 [In Ukrainian].
  18. Oliinyk, O.V., Makohon, V.V. & Brik, S.V. (2019). Maksymalna urozhainist abo prybutkovist: priorytety vyboru v umovakh innovatsiinoho rozvytku [Maximum yield or profitability: priorities for choice in conditions of innovative development]. Ekonomika APK, 7, pp. 50 58 [In Ukrainian]. https://doi.org/10.32317/2221-1055.201907050.
  19. Lupenko, Yu.O., Mesel-Veseliak, V.Ya., Hryshchenko, O.Yu. & Volosiuk, Yu.V. (2021). Prohnoz vyrobnytstva silskohospodarskoi produktsii v Ukraini u 2021 rotsi (berezen 2021 roku) [Forecast of agricultural production in Ukraine in 2021 (March 2021)]. Kyiv : NNTs «IAE» [In Ukrainian].
Read article: ekonomikaapk_2021_02_p_15_25.pdf