IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v13y2021i23p13027-d687239.html
   My bibliography  Save this article

Enterprise Activity Modeling in Walnut Sector in Ukraine

Author

Listed:
  • Vitalii Lutsiak

    (Department of Administrative Management and Foreign Economic Activity, National University of Life and Environmental Sciences of Ukraine, 03041 Kyiv, Ukraine)

  • Taras Hutsol

    (Department of Mechanics and Agroecosystems Engineering, Polissia National University, 10008 Zhytomyr, Ukraine)

  • Nataliia Kovalenko

    (Department of Administrative Management and Foreign Economic Activity, National University of Life and Environmental Sciences of Ukraine, 03041 Kyiv, Ukraine)

  • Dariusz Kwaśniewski

    (Department of Production Organization, Logistics and Applied Computer Science, University of Agriculture in Krakow, 30239 Krakow, Poland)

  • Zbigniew Kowalczyk

    (Department of Production Organization, Logistics and Applied Computer Science, University of Agriculture in Krakow, 30239 Krakow, Poland)

  • Svitlana Belei

    (Department of Accounting and Taxation, Yuriy Fedkovych Chernivtsi National University, 58012 Chernivtsi, Ukraine)

  • Tatiana Marusei

    (Department of Tourism and Hotel and Restaurant Business, Ivan Ogiyenko Kamyanets-Podilsky National University, 32301 Kamyanets-Podilsky, Ukraine)

Abstract

The main goal of this study was to provide a critical analysis of the oil and fat sub-complex for deep walnut processing, to determine and compare the profitability of enterprises’ activities under different business models for implementation in the agro-food value chain. The latter was considered as an important factor for the development of the domestic market of walnuts and export opportunities. Business modeling of the enterprise activity in the oil and fat sub-complex for deep walnut processing was carried out. The stages of production and marketing activities of the enterprise from the garden planting or the purchase of the processed raw materials to the sale of the processed raw materials and products obtained from walnut processing depending on the chosen business model were considered. A comparative analysis of profitability of the enterprise activity and absolute values of income and profitability indicators under various business models of the enterprise activity were shown. The most cost-effective business-model entailed the combination of walnut production and its processing, which will provide profitability of up to 4640.32% in the 20th year of the project implementation. The results of the given study are intended for the agricultural enterprises of central region of Ukraine.

Suggested Citation

  • Vitalii Lutsiak & Taras Hutsol & Nataliia Kovalenko & Dariusz Kwaśniewski & Zbigniew Kowalczyk & Svitlana Belei & Tatiana Marusei, 2021. "Enterprise Activity Modeling in Walnut Sector in Ukraine," Sustainability, MDPI, vol. 13(23), pages 1-16, November.
    • Handle: RePEc:gam:jsusta:v:13:y:2021:i:23:p:13027-:d:687239
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/13/23/13027/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2071-1050/13/23/13027/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Yevhen Mishenin & Inna Koblianska & Viktoriia Medvid & Yuliia Maistrenko, 2018. "Sustainable regional development policy formation: role of industrial ecology and logistics," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 6(1), pages 329-341, September.
    2. Davis, Donald R. & Weinstein, David E., 1999. "Economic geography and regional production structure: An empirical investigation," European Economic Review, Elsevier, vol. 43(2), pages 379-407, February.
    3. Hrabrin Bachev, 2013. "Risk Management in the Agri-food Sector," Contemporary Economics, Vizja University, vol. 7(1), March.
    4. Marcin Niemiec & Monika Komorowska & Anna Szeląg-Sikora & Jakub Sikora & Maciej Kuboń & Zofia Gródek-Szostak & Joanna Kapusta-Duch, 2019. "Risk Assessment for Social Practices in Small Vegetable farms in Poland as a Tool for the Optimization of Quality Management Systems," Sustainability, MDPI, vol. 11(14), pages 1-10, July.
    5. Vučeta Jaćimović & Mirjana Adakalić & Sezai Ercisli & Djina Božović & Geza Bujdoso, 2020. "Fruit Quality Properties of Walnut ( Juglans regia L.) Genetic Resources in Montenegro," Sustainability, MDPI, vol. 12(23), pages 1-18, November.
    6. Anna Szeląg-Sikora & Jakub Sikora & Marcin Niemiec & Zofia Gródek-Szostak & Joanna Kapusta-Duch & Maciej Kuboń & Monika Komorowska & Joanna Karcz, 2019. "Impact of Integrated and Conventional Plant Production on Selected Soil Parameters in Carrot Production," Sustainability, MDPI, vol. 11(20), pages 1-13, October.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Oleksandr Faichuk & Lesia Voliak & Taras Hutsol & Szymon Glowacki & Yuriy Pantsyr & Sergii Slobodian & Anna Szeląg-Sikora & Zofia Gródek-Szostak, 2022. "European Green Deal: Threats Assessment for Agri-Food Exporting Countries to the EU," Sustainability, MDPI, vol. 14(7), pages 1-17, March.
    2. Taras Hutsol & Olesia Priss & Liudmyla Kiurcheva & Maryna Serdiuk & Katarzyna Panasiewicz & Monika Jakubus & Wieslaw Barabasz & Karolina Furyk-Grabowska & Mykola Kukharets, 2023. "Mint Plants ( Mentha ) as a Promising Source of Biologically Active Substances to Combat Hidden Hunger," Sustainability, MDPI, vol. 15(15), pages 1-12, July.
    3. Vitalii Lutsiak & Taras Hutsol & Olena Kovtun & Olena Koberniuk & Urszula Malaga-Toboła & Aleksandra Lis & Janusz Zarajczyk & Liudmyla Yefimenko & Krystyna Pavlenko-Didur, 2023. "Innovative Almond-Growing Strategy in Ukraine: Enterprise Level," Sustainability, MDPI, vol. 15(11), pages 1-24, May.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Jakub Sikora & Marcin Niemiec & Anna Szeląg-Sikora & Zofia Gródek-Szostak & Maciej Kuboń & Monika Komorowska, 2020. "The Effect of the Addition of a Fat Emulsifier on the Amount and Quality of the Obtained Biogas," Energies, MDPI, vol. 13(7), pages 1-12, April.
    2. Marcin Niemiec & Maciej Chowaniak & Jakub Sikora & Anna Szeląg-Sikora & Zofia Gródek-Szostak & Monika Komorowska, 2020. "Selected Properties of Soils for Long-Term Use in Organic Farming," Sustainability, MDPI, vol. 12(6), pages 1-10, March.
    3. Zofia Gródek-Szostak & Małgorzata Luc & Anna Szeląg-Sikora & Jakub Sikora & Marcin Niemiec & Luis Ochoa Siguencia & Emil Velinov, 2020. "Promotion of RES in a Technology Transfer Network. Case Study of the Enterprise Europe Network," Energies, MDPI, vol. 13(13), pages 1-13, July.
    4. Jakub Sikora & Marcin Niemiec & Anna Szeląg-Sikora & Zofia Gródek-Szostak & Maciej Kuboń & Monika Komorowska, 2020. "The Impact of a Controlled-Release Fertilizer on Greenhouse Gas Emissions and the Efficiency of the Production of Chinese Cabbage," Energies, MDPI, vol. 13(8), pages 1-14, April.
    5. Jakub Sikora & Marcin Niemiec & Monika Tabak & Zofia Gródek-Szostak & Anna Szeląg-Sikora & Maciej Kuboń & Monika Komorowska, 2020. "Assessment of the Efficiency of Nitrogen Slow-Release Fertilizers in Integrated Production of Carrot Depending on Fertilization Strategy," Sustainability, MDPI, vol. 12(5), pages 1-10, March.
    6. Stephen J. Redding, 2010. "The Empirics Of New Economic Geography," Journal of Regional Science, Wiley Blackwell, vol. 50(1), pages 297-311, February.
    7. Bagoulla, Corinne & Péridy, Nicolas, 2011. "Market access and the other determinants of North–South manufacturing location choice: An application to the Euro-Mediterranean area," Economic Systems, Elsevier, vol. 35(4), pages 537-561.
    8. Máximo Torero & Javier Escobal, 2000. "Does Geography Explain Differences in Economic Growth in Peru?," Research Department Publications 3103, Inter-American Development Bank, Research Department.
    9. J.Peter Neary, 2001. "Of Hype and Hyperbolas: Introducing the New Economic Geography," Journal of Economic Literature, American Economic Association, vol. 39(2), pages 536-561, June.
    10. Mario Larch, 2007. "The Home Market Effect in Models with Multinational Enterprises," Review of International Economics, Wiley Blackwell, vol. 15(1), pages 62-74, February.
    11. Evgeny Lisin & Wadim Strielkowski & Veronika Chernova & Alena Fomina, 2018. "Assessment of the Territorial Energy Security in the Context of Energy Systems Integration," Energies, MDPI, vol. 11(12), pages 1-14, November.
    12. Gianfranco DE SIMONE, 2007. "Trade in parts and components and Central Eastern European Countries’ industrial geography," Departmental Working Papers 2007-17, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano.
    13. Kichko, Sergey & Kokovin, Sergey & Zhelobodko, Evgeny, 2014. "Trade patterns and export pricing under non-CES preferences," Journal of International Economics, Elsevier, vol. 94(1), pages 129-142.
    14. Bachev, Hrabrin, 2020. "Evaluation of governance sustainability of Bulgarian agriculture," MPRA Paper 103478, University Library of Munich, Germany.
    15. Elhanan Helpman, 1999. "The Structure of Foreign Trade," Journal of Economic Perspectives, American Economic Association, vol. 13(2), pages 121-144, Spring.
    16. J. Peter Neary, 2009. "Putting the “New” into New Trade Theory: Paul Krugman's Nobel Memorial Prize in Economics," Scandinavian Journal of Economics, Wiley Blackwell, vol. 111(2), pages 217-250, June.
    17. Koski, H. & Rouvinen, P. & Yla-Anttila, P., 2002. "ICT clusters in Europe The great central banana and the small Nordic potato," Information Economics and Policy, Elsevier, vol. 14(2), pages 145-165, June.
    18. Alfonso Díez-Minguela & Julio Martínez-Galarraga & Daniel A. Tirado Fabregat, 2013. "Why did Spanish regions not converge before the Civil War? Agglomeration and (regional) growth revisited: Spain, 1870-1930," Working Papers. Serie EC 2014-05, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
    19. Bachev, Hrabrin & Ivanov, Bojidar & Mitova, Dilyana & Boevski, Ivan & Marinov, Petar & Sarov, Angel & Zvetkova, Daniela & Kostenarov, Krasimir & Vanev, Dimitar, 2021. "Емпирично Изследване На Управлението На Услугите На Агроекосистемите В България [An empirical study of the management of agro-ecosystem services in Bulgaria]," MPRA Paper 105696, University Library of Munich, Germany.
    20. Tomiura, Eiichi, 2003. "Changing economic geography and vertical linkages in Japan," Journal of the Japanese and International Economies, Elsevier, vol. 17(4), pages 561-581, December.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:13:y:2021:i:23:p:13027-:d:687239. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.