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A model to assess the level of efficiency of the forms of economy in the agrarian sector

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  • O. Pimenova

Abstract

In agriculture, efficient farming could be defined as such that, in a well balanced way, unites the economic, social and ecologic components, because excessive use of natural resources for own benefit often leads to their deterioration, which eventually decreases the economic performance of the enterprises. That urges the creation of a model called "Assessment of the level of efficiency of the forms of economy in agriculture", which allows the use of not only economic, but also social and ecological indicators, which fundamentally enriches the scientific and practical approach to the provision of sustainable development in Ukrainian agriculture. During the model's development, the author used both general and special research methods. In particular, with the help of systemic analysis, she defined the economic, social and ecological components of the forms of economy in their interconnection and interaction with each other and with the elements of other systems. For comparative assessment of all indicators (economic, social and ecological), the author uses a point based method, and the most important and significant of them were specified based on the method of pairwise comparison. The use of the method of integral indicators allows to define the balance of the economic, social and ecologic spheres and reveal the development potential of economic entity. The investigation's methodological basis (as to revealing rational and efficient forms of economy) are general scientific methods. Also, the author uses various techniques of the abstract-and-logical method, such as analysis and synthesis, induction and deduction and analogy and comparison. In the analytical part of the investigation (assessment of the forms of economy and competitiveness of Ukraine's agriculture), the author uses the economic statistical method and the method of table presentation. The investigation's result is the development of the above mentioned model, which would contribute to efficient and rational forms of economy in the agriculture and the sector's sustainable development.

Suggested Citation

  • O. Pimenova, 2012. "A model to assess the level of efficiency of the forms of economy in the agrarian sector," Economy and Forecasting, Valeriy Heyets, issue 4, pages 63-72.
  • Handle: RePEc:eip:journl:y:2012:i:4:p:63-72
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