Scientific Papers

JOURNAL OF INTERNATIONAL STUDIES


© CSR, 2008-2019
ISSN: 2306-3483 (Online), 2071-8330 (Print)

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Transformation of sunflower oil production in Ukraine due to acute economic crisis

Vol. 10, No 1, 2017

 

Roman Zavorotniy

 

Kyiv National Economic University named after Vadym Hetman
Ukraine
zavorotniy@freenet.de

 

 

Transformation of sunflower oil production in Ukraine due to acute economic crisis

 

Oleksandr Bilyk

 

Kyiv National Economic University named after Vadym Hetman
Ukraine
documents@kneu.edu.ua

 

 

 

 

Abstract. The article is dedicated to the assessment of influence of the acute post-revolutionary economic crisis on the development of oil-bearing crops production and sunflower oil extracting (as the most profitable segment of Ukrainian agricultural complex today). One of the most urgent problems is assessment of internal potential of economic reorientation and further development. The authors suggest estimating such changes through the analysis of macroeconomic indicators, analysis of the dynamics of financial state of the largest market participants (using a discriminant mod-el) and identification of the most influential drivers of the related corporate financial state. The last operation needs to include factor analysis and assessment of deviations in the discriminant results.

 

Received: November, 2016

1st Revision: April, 2017

Accepted: April, 2017

 

DOI: 10.14254/2071-8330.2017/10-1/16

 

JEL Classification: C33, G01, G23

Keywords: discriminant model, a financial state of the enterprise, Total Support Estimate, factor analysis, method of chain substitutions