Modeling of Added Value as a Financial Indicator of Activity of Agricultural Enterprises in the Regions of Ukraine

Levandivskyi Omelian (), Shpykuliak Oleksandr (), Balaniuk Ivan (), Svynous Ivan () and Shelenko Diana ()
Additional contact information
Levandivskyi Omelian: Prof. Dr., Vasyl Stefanyk Precarpathian National University, 57, Shevchenka st., Ivano Frankivsk, Ukraine
Shpykuliak Oleksandr: Prof. Dr. corresponding member of NAAS, academic secretary, National Scientific Centre, Heroiv Oborony str., Kyiv, Ukraine
Balaniuk Ivan: Prof. Dr. Vasyl Stefanyk Precarpathian National University, 57, Shevchenka st., Ivano-Frankivsk, Ukraine
Svynous Ivan: Prof. Dr. Bila Tserkva National Agrarian University, pl. 8/1 Soborna, Bila Tserkva, Ukraine
Shelenko Diana: Prof. Dr. Vasyl Stefanyk Precarpathian National University, 57, Shevchenka st., Ivano-Frankivsk, Ukraine

Management Theory and Studies for Rural Business and Infrastructure Development, 2022, vol. 44, issue 3, 288-301

Abstract: The added value of agricultural enterprises in the regions of Ukraine has been examined in the article. Emphasis is placed on certain indicators in the assessment of added value of agricultural enterprises, which directly affect its formation. The method of added value formation in the activity of agricultural enterprises in the regions of Ukraine is considered. A forecast of added value in the activities of agricultural enterprises has been made on the basis of the STELLA program, which made it possible to show its growth due to the following factors: wages, capital investments and direct material costs. Suggestions were proposed to increase added value in the activities of agricultural enterprises in the regions of Ukraine due to the growth of capital investments, wages, balancing direct material costs. The results of the forecast obtained with the help of STELLA program, as well as the results of the conducted researches will promote the deepening of methodical experience in the field of modeling with application of approaches of system dynamics.

Keywords: agricultural enterprises; added value; STELLA programs; direct material costs; capital investments (search for similar items in EconPapers)
JEL-codes: C59 O16 Q14 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://doi.org/10.15544/mts.2022.30 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:vrs:mtrbid:v:44:y:2022:i:3:p:288-301:n:11

DOI: 10.15544/mts.2022.30

Access Statistics for this article

Management Theory and Studies for Rural Business and Infrastructure Development is currently edited by Rasa Pakeltienė

More articles in Management Theory and Studies for Rural Business and Infrastructure Development from Sciendo
Bibliographic data for series maintained by Peter Golla ().