State support of agricultural producers as a factor in increasing the competitiveness of the agricultural sector

Oleg V. Zakharchenko (), Olena O. Alieksieichuk (), Alena V. Kliuchnyk (), Alena V. Kliuchnyk (), Nataliya Yu. Shyriaieva () and Іrina V. Kudlai ()
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Oleg V. Zakharchenko: Odessa State Academy of Civil Engineering and Architecture, Ukraine
Olena O. Alieksieichuk: International University of Business and Law, Ukraine
Alena V. Kliuchnyk: Mykolayiv State Agrarian University, Ukraine
Alena V. Kliuchnyk: Odessa National Polytechnic University, Ukraine
Nataliya Yu. Shyriaieva: Odessa State Academy of Civil Engineering and Architecture, Ukraine
Іrina V. Kudlai: Odessa State Academy of Civil Engineering and Architecture, Ukraine

Entrepreneurship and Sustainability Issues, 2020, vol. 8, issue 1, 687-704

Abstract: Support for an agricultural enterprise lies in the presentation of a set of state subsidies and economic privileges to determine the essential development and the possibility of continuing functioning within the market. With that, the dynamics of production and consumption of agricultural products cannot always be positive due to the seasonality of doing business and the dynamics of prices for materials and equipment. The novelty of the study is determined by the fact that the formation of state support must be based on assessments of the reality of conducting business and forecasting operational indicators. The paper shows that the main importance of competitiveness should be considered by expert methods. The authors show that this enables an additional assessment of the level of economic security. The paper defines the level of permissible economic load and, accordingly, the enterprise’s ability to achieve a stable financial situation both in the standard economic situation and in crisis situations. The practical significance of the study is determined by the structural component of ensuring the integrated economic security of the agricultural enterprise. The highlighted points of the paper allow to suggest ways of optimal structuring of current activities for the enterprise of the agricultural complex.

Keywords: agricultural enterprise; economic security; sustainability; development (search for similar items in EconPapers)
JEL-codes: J43 N50 O13 Q10 (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:ssi:jouesi:v:8:y:2020:i:1:p:687-704

DOI: 10.9770/jesi.2020.8.1(47)

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