Record Details

Outcome of capital investment on labor productivity in agriculture sector of Ukraine

Kasarinlan: Philippine Journal of Third World Studies

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Field Value
 
Title Outcome of capital investment on labor productivity in agriculture sector of Ukraine
 
Creator Onegina, Viktoriya
Megits, Nikolay
Antoshchenkova, Vitalina
Boblovskyi, Oleksandr
 
Subject productivity of labor
agriculture
investment
fixed capital
employee
economic growth.
 
Description Ukraine's agricultural sector accounts for 17% of the country's GDP and is continuously growing. For six consecutive years (2013-2018), Ukraine harvested over 60 million tons of grain annually, and 2018 export of ag commodities reached $18.6 billion. (State, 2020).  The anticipated land reform envisions lifting the moratorium on the agricultural land sale, which should encourage capital investments in ag.  The article analyzes the trends of investment opportunities in the Ukrainian ag sector for the last decade. The regression analysis of labor productivity with variables of fixed capital-worker ratio and yield of grain confirmed that the function of labor productivity depended on the value of fixed capital per worker.  As the U.S. investment in ag machinery export to Ukraine plays a significant role, we evaluated its effect on the current level of labor productivity in the Ukrainian agribusiness, comparing it with the U.S. farming outcome.
 
Publisher Institute of Eastern Europe and Central Asia
 
Date 2020-03-14
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Articles
 
Format application/pdf
 
Identifier http://ieeca.org/journal/index.php/JEECAR/article/view/355
10.15549/jeecar.v7i1.355
 
Source Journal of Eastern European and Central Asian Research (JEECAR); Vol 7 No 1 (2020): Journal of Eastern European and Central Asian Research; 12-25
2328-8280
2328-8272
 
Language eng
 
Relation http://ieeca.org/journal/index.php/JEECAR/article/view/355/264
 
Rights Copyright (c) 2020 Journal of Eastern European and Central Asian Research (JEECAR)
https://creativecommons.org/licenses/by/4.0