FORECASTING OF NET PROFIT AND THE AREA OF LAND OF PRIVATE ENTERPRISES

Shelenko Diana (), Balaniuk Ivan (), Sas Liudmyla (), Malik Mykola (), Matkovskyi Petro (), Levandivskyi Omelian () and Humeniuk Mariana ()
Additional contact information
Shelenko Diana: Prof. Dr. Vasyl Stefanyk Precarpathian National University, 57, Shevchenka st. 76010, Ivano-Frankivsk, Ukraine, Phone No.: +380990662326
Balaniuk Ivan: Prof. Dr. Vasyl Stefanyk Precarpathian National University, 57, Shevchenka st. 76010, Ivano-Frankivsk, Ukraine, Phone No.: +380503733282
Sas Liudmyla: Prof. Dr. Vasyl Stefanyk Precarpathian National University, 57, Shevchenka st. 76010, Ivano-Frankivsk, Ukraine, phone: +380503714824
Malik Mykola: Prof. Dr., National Scientific Centre 10, Heroiv Oborony St., 03127 Kyiv, Ukraine, Phone No.: +380973479579
Matkovskyi Petro: Prof. Dr. Vasyl Stefanyk Precarpathian National University, 57, Shevchenka st. 76010, Ivano-Frankivsk, Ukraine, Phone No.: +3801358218
Levandivskyi Omelian: Prof. Dr. Vasyl Stefanyk Precarpathian National University, 57, Shevchenka st. 76010, Ivano-Frankivsk, Ukraine, Phone No.: +380509413217
Humeniuk Mariana: Senior Researcher, PhD of Economics, Precarpathian State Agricultural Experimental Station of the Agricultural Institute in Carpathion Region of NAAS, 21-A Bandera str., 76000, Ivano-Frankivsk, Ukraine, Phone No.: +380979000963

Management Theory and Studies for Rural Business and Infrastructure Development, 2021, vol. 43, issue 4, 500-516

Abstract: The article is devoted to the forecasting of net profit of private enterprises of Ukraine with application of STELLA program. The STELLA economic modeling program, which combines mathematical differential equations with a developed graphical interface, has been used in the article. In this program a model was created, and an attempt was made to forecast the private enterprises of Ukraine by 2030. It has been the possible growth up net profit of private enterprises with a slight reduction and further stabilization of the agricultural land (AREA) at the level of 45000 thousand hectares and enterprises (ENTERPISES) at the level of 3600. The most promising possibilities of applying STELLA program in economic forecasting has been outlined in the article.

Keywords: cost price; private enterprises; STELLA software; net profit forecasting (search for similar items in EconPapers)
JEL-codes: H82 O21 Q12 (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:mtrbid:v:43:y:2021:i:4:p:500-516:n:8

DOI: 10.15544/mtsrbid-2021-45

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