Actual problems of innovative economy

The journal is added to the the List of printed scientific professional publications in the field of economic Sciences by the Ministry of education and science of Ukraine from 11.07.2016 No. 820
The journal is indexed in the International Scientific Center of Index Copernicus International

System of indicators for participants` development efficiency in the economic relations of the livestock products agro-food market

УДК: 338.31:637

КРАВЧЕНКО О. М.,
кандидат економічних наук, доцент, докторант1
Харківський національний технічний університет сільського господарства ім. Петра Василенка

Abstract

Introduction. The crisis economic situation has a negative impact on the of enterprise activity. The agro-food chain includes actors in several sectors of the economy. It is necessary to establish a system for assessing the efficiency of each participant in such relationships in order to minimize the effects of the crisis.

The purpose of the article is to develop a system of indicators for assessing the participants` development efficiency in agro-food relations.

Results. The expediency of defining an indicators system for assessing the participants’ development effectiveness in agro-food relations is substantiated. The conditions of this indicators system creation are defined. The essence of the concepts of “efficiency”, “effectiveness” and “production effectiveness” are described. A system of indicators of participants’ development effectiveness in the agro-food market of livestock products has been developed. The system includes indicators of property condition and supporting, efficiency, liquidity and solvency, profitability. The structure of the agro-industrial market participants in accordance with the classification of economic activities in 2017 is described. The number of employees in each of these groups is given. The main indicators of domestic livestock enterprises activity (2012-2016 years) era given. It is determined that the participants of agro-food relations differ in the duration of the production process, the scale of production, the level of indicators of efficiency and profitability. There is no correlation between profitability and business performance. Meat and dairy products price chain is presented.

Conclusions. The increase in the participants number in the agricultural market of Ukraine leads to problems in their interaction due to the economic crisis. This causes a deterioration in their performance. The proposed scorecard is universal and can be applied to different business entities. The practical significance of the proposed system analysis of indicators involves justification of strategic decisions on development of both the agro-food sector of economics and the entire country.

Key words: system of indicators, efficiency, economic relations, agro-food market, market participants (entities), livestock products.

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The article was received 12.11.2018