FORECASTING THE IMPACT OF STATE FUNDING ON THE DEVELOPMENT OF THE AGRICULTURAL SECTOR OF ECONOMY
Journal Title: Economic Bulletin. Series: Finance, Accounting, Taxation - Year 2017, Vol 0, Issue 1
Abstract
The authors have implemented a methodical approach to trend analysis and identification the intervals of confidence in forecasting the impact of state funding on the development of the agricultural sector of economy in Ukraine. The article proves the probability of the recession of the agricultural sector of economy in 2016, which can lead to decline in agricultural production from 3 to 25% of the level of 2015, with the productivity decline in agricultural enterprises from 86 to 58% respectively, depending on the forecast scenario. The volume of financial result (balance) before taxing in 2016 can make up from UAH 10.8 billion (according to the lower confidence interval) to UAH 108.1 billion (according to the upper confidence interval), along with the agricultural production profitability – from 15,5 to 40 % respectively.
Authors and Affiliations
Valentyna Martynenko, Oleksandr Paliukh
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