Methodological approaches to assessing the needs of investments of agricultural enterprises for new technology

Heorhii Khioni

Ekonomika, Journal for Economic Theory and Practice and Social Issues, 2020, vol. 27, issue 10

Abstract: The purpose of the article is to generalize and test methodological approaches to assessing the investment needs of an agricultural enterprise and determining production efficiency by updating equipment and introducing new technologies. Research methods. The generalization of the methodical approaches was carried out on the basis of the materials of domestic and foreign scientist publications, regulations and methological developments. Abstract-logical (theoretical generalizations and formulation of conclusions), monographic (in the process of analyzing the relationship and levels of management of technological operations) and computational-constructive (in determining the dependence of operating costs for growing crops with various technologies) methods were used. The initial information for the research was data from agricultural enterprises in the Dnipropetrovsk region, standards and regulations. Research results. The features of the use and implementation of two types of soil cultivation technologies are disclosed, the relationship and levels of management of technological operations are generalized, an algorithm for calculating the operational indicators of the material and technical support of the production process is developed, the operating costs for growing crops with various technologies and the need for investments are determined. Scientific novelty. Methodical approaches have been developed to substantiate measures to increase the efficiency of production of agricultural enterprises in the process of updating equipment and introducing new technologies based on estimates of the value of specific capital investments and optimization of the machine and tractor fleet according to the criteria of the minimum unit operating costs. Practical significance. The recommendations contribute to solve the problem of increasing the efficiency of agricultural production, as well as calculating the need for investment, subject to the optimal use of technical means and the choice of the optimal tillage technology. Tabl.: 2. Figs.: 3. Refs.: 11.

Keywords: Agricultural; Finance (search for similar items in EconPapers)
Date: 2020
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