<abstract xmlns="http://www.w3.org/1999/xhtml"><bold>Subject and purpose of work:</bold> The main purpose of the article is to research the state of grain-product subcomplex of the agro-industrial complex and identify the main trends in its functioning as a prerequisite for the implementation of the external economic potential of Ukraine.<bold>Materials and methods:</bold> The research used methodical tools for analysis, construction of econometric models, as well as open information sources of the State Statistics Service of Ukraine.<bold>Results:</bold> A set of factors (independent variables) were determined and the existence of theoretically their relationship with the production profitability of cereals and legumes (dependent variable) was substantiated. The regression equations for the investigated factors dependence were formed. The reliability of the econometric model was proved using Fisher’s criterion and Student’s t-criterion test.<bold>Conclusions:</bold> To increase the external economic potential of the grain-product subcomplex of the agro-industrial complex, it is advisable to focus on building rational mechanisms for managing the identified determinants of efficiency ensuring of the latter.</abstract>

Subject and purpose of work: The main purpose of the article is to research the state of grain-product subcomplex of the agro-industrial complex and identify the main trends in its functioning as a prerequisite for the implementation of the external economic potential of Ukraine.Materials and methods: The research used methodical tools for analysis, construction of econometric models, as well as open information sources of the State Statistics Service of Ukraine.Results: A set of factors (independent variables) were determined and the existence of theoretically their relationship with the production profitability of cereals and legumes (dependent variable) was substantiated. The regression equations for the investigated factors dependence were formed. The reliability of the econometric model was proved using Fisher’s criterion and Student’s t-criterion test.Conclusions: To increase the external economic potential of the grain-product subcomplex of the agro-industrial complex, it is advisable to focus on building rational mechanisms for managing the identified determinants of efficiency ensuring of the latter.

Modern Trends in the Functioning of Grain-Product Subcomplex of the Agricultural Sector of Ukraine in the Context of Implementing Its External Economic Potential

Economic and Regional Studies / Studia Ekonomiczne i Regionalne

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Subject and purpose of work: The main purpose of the article is to research the state of grain-product subcomplex of the agro-industrial complex and identify...

Modern Trends in the Functioning of Grain-Product Subcomplex of the Agricultural Sector of Ukraine in the Context of Implementing Its External Economic Potential

Published Online: Sep 30, 2020

Page range: 328 - 341

Received: Aug 01, 2020

Accepted: Sep 01, 2020

DOI: https://doi.org/10.2478/ers-2020-0024

Keywords
grain-product subcomplex, agro-industrial complex, grain and leguminous crops, external economic potential

© 2020 Ivan Zrailo et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Modern Trends in the Functioning of Grain-Product Subcomplex of the Agricultural Sector of Ukraine in the Context of Implementing Its External Economic Potential

Published Online: Sep 30, 2020

Page range: 328 - 341

Received: Aug 01, 2020

Accepted: Sep 01, 2020

DOI: https://doi.org/10.2478/ers-2020-0024

Keywordsgrain-product subcomplex, agro-industrial complex, grain and leguminous crops, external economic potential

© 2020 Ivan Zrailo et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Keywords
grain-product subcomplex, agro-industrial complex, grain and leguminous crops, external economic potential