EFFICIENCY OF OPERATING ACTIVITY OF AGRICULTURAL ENTERPRISES


  • Ludmila Todorich Comrat State University
Keywords: operational activity, efficiency, profitability, profit, agriculture, transition economies.

Abstract

https://doi.org/10.22004/ag.econ.270306

Economic activity at both the micro and macro levels assumes constant comparison of the results of activities and costs associated with it, determining the most effective option for action. Objective assessment of the enterprise activity, involving the calculation and analysis of indicators of efficiency takes priority. The paper deals with assessment of the economic efficiency of operating activities of agricultural enterprises on the basis of an improved approach. The analysis of efficiency of operating activities is based on the example of the data of a particular agricultural enterprise from the country with a transition economy. Analysis of the efficiency of the operating activities of enterprise on the basis of calculating of profitability of sold agricultural products and return of sales are conducted; the necessity of calculation of these indicators based on operating profit is underlined. To obtain more complete information on the state of the enterprises efficiency, it is proposed to determine the overall indicator of profitability of operating activities. The mechanism of distribution of total revenues and costs by kinds of production is considered. It is proposed to classify the concept of «operational activities» into operational production and operational non-production activities.

References

Список использованных источников

Пармакли Д., Тодорич Л. Проблемы экономической устойчивости сельскохозяйственных предприятий Республики Молдова: монография. Комрат: Tipogr. «Centrografic», 2013. 207 с.

Kostlivý V., Fuksová Z., Dubec J. Farms Productivity Developments Based on Malmquist Production Indices. AGRIS on-line Papers in Economics and Informatics. 2017. Vol. 9, No. 2. Pp. 91–100. https://doi.org/10.7160/aol.2017.090208.

Latruffe L., Bravo-Ureta B. E., Carpentier A., Desjeux Y., Moreira V. H. Subsidies and Technical Efficiency in Agriculture: Evidence from European Dairy Farms. American Journal of Agricultural Economics. 2017. Vol. 99. Is. 3. Pp. 783–799. https://doi.org/10.1093/ajae/aaw077.

Pasichnyk T. V., Kucher A. V., Khirivskyi R. P. Efficiency of agricultural enterprises of various organizational and legal forms and the size of land use. Actual problems of economics. 2016. No. 1. Pp. 399–405.

Бланк И. А. Управление использованием капитала. Киев: Ника-Центр, 2000. 651 с.

Волков О. И. Экономика предприятий. Москва: Инфра М, 2012. 287 с.

Любушин Н. П., Бабичева Н. Э. Экономика организации: учебник. 3-е изд., перераб. Москва: КНОРУС, 2016. 326 с.

Пармакли Д. М., Шамин А. Е., Коваленко Н. Я. Экономика сельского хозяйства: уч. пособие. Княгинино: НГИЭУ, 2015. 246 с.

Пармакли Д. М., Стайков Д. С. Коэффициент окупаемости удельных переменных затрат как ключевой показатель эффективности реализованной продукции: materials of International Conference on Theoretical and Applied Economic Practices «Economic growth in conditions of globalization», National Institute for Economic Research, 13–14 October 2016. Chisinau, 2016. Pp. 276–281.

Кучер А. Ефективність органічного землекористування. Agricultural and Resource Economics: International Scientific E-Journal. 2017. Vol. 3. No. 3. Pp. 41–62. URL: www.are-journal.com.

Кучер А. В., Анісімова О. В., Улько Є. М. Ефективність інновацій для раціонального використання ґрунтів: теорія, методика, аналіз: моногр.; за ред. чл.-кор. АЕНУ А. В. Кучера. Харків: ФОП Бровін О. В., 2017. 275 с.

Пармакли Д. М., Тодорич Л. П., Дудогло Т. Д., Яниогло А. И. Эффективность землепользования: теория, методика, практика: монография. Комрат: Tipogr. «Centrografic», 2015. 274 с.

Brožová I., Vaněk J. Assessment of economic efficiency of conventional and organic agricultural enterprises in a chosen region. Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis. 2013. Vol. 61. Is. 2. Pp. 297–307. http://dx.doi.org/10.11118/actaun201361020297.

Моskalenko A. Principles and problems of agricultural land rational use. Economic Annals-XXI. 2015. No. 5–6. Pp. 57–59.

Gornostaeva J., Alekhina E., Kushnareva I. Comparative analysis of efficiency of activity of service enterprises in Russia and the countries of Eastern Europe. Review of Applied Socio-Economic Research. 2014. Vol. 7. Is. 1. Pp. 61–72.

Bielik P., Rajčániová M. Scale efficiency of agricultural enterprises in Slovakia. Agricultural Economics. 2004. Vol. 50. Is. 8. Pp. 331–335. http://dx.doi.org/10.17221/5211-AGRICECON.

Todorich L. P. Some problems of providing of economic stability of agricultural enterprises of Republic of Moldova. 2012. Vestnic. Vol. 11. Pp. 98–106.

Тодорич Л. Нестабильность производства продукции растениеводства в Гагаузии как объективный экономический процесс в сельском хозяйстве. Agricultural and Resource Economics: International Scientific E-Journal. 2015. Vol. 1. No. 1. Pp. 48–56. URL: www.are-journal.com.

Lerman Z., Cimpoies D. Duality of farm structure in transition agriculture: the case of Moldova. Discussion Paper No. 10.06. IAMO Forum 2006 «Agriculture in the Face of Changing Markets, Institutions and Policies: Challenges and Strategies». 29 June – 1 July 2006, Halle (Saale), Germany, 21 p.

Smagulova Z. K., Kaidarova S. E., Baibasheva G. K., Amirova M. A., Khamitova D. M., Alimhanova R. K. Evaluation of Economic Efficiency of Information and Consulting Provision for Agricultural Production of Pavlodar Region of the Republic of Kazakhstan. Journal of Advanced Research in Law and Economics. 2016. Vol. 7. No. 4. Pp. 926–938. https://doi.org/10.14505/jarle.v7.4(18).24.

References

Parmakli, D. M. and Todorich, L. P. (2013), Problemi economichescoi ustoichivosti sel’scohoziaistvenih predpriatii Respubliki Moldova [Problems of economic stability of agricultural enterprises of Republic of Moldova], Tipogr. «Centrografic», Comrat, Moldova.

Kostlivý, V., Fuksová, Z. and Dubec, J. (2017), Farms Productivity Developments Based on Malmquist Production Indices. AGRIS on-line Papers in Economics and Informatics, vol. 9, no. 2, pp. 91–100. https://doi.org/10.7160/aol.2017.090208.

Latruffe L., Bravo-Ureta B. E., Carpentier A., Desjeux Y. and Moreira V. H. (2017), Subsidies and Technical Efficiency in Agriculture: Evidence from European Dairy Farms. American Journal of Agricultural Economics, vol. 99, is. 3, pp. 783–799. https://doi.org/10.1093/ajae/aaw077.

Pasichnyk, T. V., Kucher, A. V. and Khirivskyi, R. P. (2016), Efficiency of agricultural enterprises of various organizational and legal forms and the size of land use. Actual problems of economics, no. 1, pp. 399–405.

Blank, I. (2000), Upravlenie ispol'zovaniem kapitala [Using capital management], Nika-Center, Kyiv, Ukraine.

Volkov, O. I. (2012), Jekonomika predprijatij [The economy of the enterprises], Infra-M, Moscow, Russia.

Liubushen, N. P. and Babicheva, N. Je. (2016), Ehkonomika organizatii [Economics of the organization], KNORUS, Moscow, Russia.

Parmakli, D. M., Shamin, A. E. and Kovalenko, N. Y. (2015), Ehkonomika sel'skogo hozyajstva [Agricultural Economics], NGIEU, Knyaginino, Russia.

Parmakli, D. M. and Stoicov, D. S. (2016), The payback factor of specific variable costs as a key indicator of the efficiency of sales. Economic growth in conditions of globalization, National Institute for Economic Research, Chisinau, Moldova, October 13–14, pp. 276–281.

Kucher, A. (2017), Efficiency of organic land use. Agricultural and Resource Economics: International Scientific E-Journal, [Online], vol. 3, no. 3, pp. 41–62, available at: www.are-journal.com.

Kucher, A. V., Anisimova, О. V., Ulko, Ye. M. (2017), Efektyvnist innovatsii dlia ratsionalnoho vykorystannia gruntiv: teoriia, metodyka, analiz [Efficiency of innovations for sustainable soil management: theory, methodology, analysis], ed. A. V. Kucher. Publisher Brovin, Kharkiv, Ukraine.

Parmakli, D. M., Todorich, L. P., Dudoglo, T. D. and Ianioglo, A. I. (2015), Ehffektivnost' zemlepol'zovaniya: teoriya, metodika, praktika [The effectiveness of land use: theory, methodology, practice], Tipogr. «Centrografic», Comrat, Republic of Moldova.

Brožová, I. and Vaněk, J. (2013), Assessment of economic efficiency of conventional and organic agricultural enterprises in a chosen region. Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, vol. 61, is. 2, pp. 297–307. http://dx.doi.org/10.11118/actaun201361020297.

Моskalenko, A. (2015), Principles and problems of agricultural land rational use. Economic Annals-XXI, no. 5–6, pp. 57–59.

Gornostaeva, J., Alekhina, E. and Kushnareva, I. (2014), Comparative analysis of efficiency of activity of service enterprises in Russia and the countries of Eastern Europe. Review of Applied Socio-Economic Research, vol. 7, is. 1, pp. 61–72.

Bielik, P. and Rajčániová, M. (2004), Scale efficiency of agricultural enterprises in Slovakia. Agricultural Economics, vol. 50, is. 8, pp. 331–335. http://dx.doi.org/10.17221/5211-AGRICECON.

Todorich, L. P. (2012), Some problems of providing of economic stability of agricultural enterprises of Republic of Moldova. Vestnic, vol. 11, pp. 98–106.

Todorich, L. (2015), Instability of production of goods of plant-grower in Gagauzia as objective economic process in agriculture. Agricultural and Resource Economics: International Scientific E-Journal, [Online], vol. 1, no. 1, pp. 48–56, available at: www.are-journal.com.

Lerman, Z. and Cimpoies, D. (2006), Duality of farm structure in transition agriculture: the case of Moldova. Discussion Paper No. 10.06. IAMO Forum 2006 «Agriculture in the Face of Changing Markets, Institutions and Policies: Challenges and Strategies». June 29 – July 1, Halle (Saale), Germany.

Smagulova Z. K., Kaidarova S. E., Baibasheva G. K., Amirova M. A., Khamitova D. M., Alimhanova R. K. (2016), Evaluation of Economic Efficiency of Information and Consulting Provision for Agricultural Production of Pavlodar Region of the Republic of Kazakhstan. Journal of Advanced Research in Law and Economics, vol. 7, no. 4, pp. 926–938. https://doi.org/10.14505/jarle.v7.4(18).24.

Published
2018-03-20
How to Cite
Todorich, L. (2018). EFFICIENCY OF OPERATING ACTIVITY OF AGRICULTURAL ENTERPRISES. Agricultural and Resource Economics: International Scientific E-Journal, 4(1), 149-161. Retrieved from https://are-journal.com/are/article/view/158
Section
Articles