Rating assessment of the self-sufficiency level of economic entities in the agricultural sector

Volodymyr Mamchur

Ekonomika, Journal for Economic Theory and Practice and Social Issues, 2021, vol. 28, issue 3

Abstract: The purpose of the article – development of a rating assessment of the level of self-sufficiency of economic entities in the agricultural sector as a toolkit for strategic monitoring of sectors of the national economy. Research methods. It is based on the concept of an active policy for the implementation of entrepreneurial potential in the countryside, the components of which are measures for the development of farms and family farms, in particular, from the transformation mechanisms of formalizing personal peasant farms into a market economy environment. The following scientific methods were used: dialectical method of scientific knowledge of processes and phenomena; monographic (analysis of scientific achievements of Ukrainian and foreign scientists, analysis of the stages of business development); graphic (to obtain a synthesized representation of the object of research, identify its components, establish cause-and-effect relationships); empirical (based on a comprehensive assessment of the current state of the research object); abstract-logical (theoretical generalizations and formulation of conclusions). Research results. Assessment of the level of self-sufficiency of economic entities in the agricultural sector made it possible to establish that, first of all, it is necessary to increase competitive advantages in resource potential, namely, to increase the number of cattle, pigs, sheep and goats, to expand the sown area for vegetables, potatoes, grain and fodder crops. All this can be realized by injecting additional financial resources and appropriate state support for the agrarian sector of the economy. Scientific novelty. The methodological presentation and identification of the category of small agribusiness as structured and defined by law, institutional and economic criteria of the form of organization of farming in the countryside were further developed, with the appropriate definition of priority contours of possible organizational and economic performance of functioning due to employment in agricultural entrepreneurship. Practical significance. Analysis of the current economic situation and rating assessment of the level of self-sufficiency of economic entities in the agricultural sector made it possible to assess the prospects for the development of economic entities in the agricultural sector, as well as to carry out predictive calculations of their formation and development. Tabl.: 6. Figs.: 5. Refs.: 19

Keywords: Research; Methods/Statistical; Methods (search for similar items in EconPapers)
Date: 2021
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