UDC 631.1.016: 330.13
The article is devoted to the analysis of investment performance indicators of the development of agricultural enterprises in a market environment. It is known that in the conditions of constant dynamic changes in the market environment and tough competition, the efficiency of economic activity of agricultural enterprises is directly dependent on the level of their investment support. Investment support is an incentive for the spread of innovation, contributes to the growth of production and scaling up activities, stimulates economic and social development.
It was established that the investment support of the agricultural sector is a necessary condition for its development in a market environment, characterized by a shortage of financial resources. At the same time, the existing mechanism of financing the agrarian industry requires a constant analysis of the dynamics and effective regulation of the accumulation of investment funds.
The article presents the dynamics of capital investments in the agricultural sector by sources of financing (household funds for housing, foreign investors, loans from banking institutions and other loans, local budget funds, state budget funds and other sources of financing). The efficiency of budget financing of the development of the agricultural sector at 1 UAH of budget support was investigated and the growth rates of gross agricultural output were analyzed.
It was determined that the goal of increasing the efficiency of budget financing for the development of the agricultural sector is to increase the volume of gross output at 1 UAH of budget support for the agricultural sector. A prerequisite for the growth of efficiency is an excess of the growth rates of agricultural, forestry and fishery production over the growth rates of budget support for the agricultural sector development.
The comparative analysis of the indices of the volume of production in agriculture, forestry and fisheries and the indices of the volume of budget support was carried out. The regression equation was formed taking into account the studying the relationship between the size of capital investments in the agricultural sector and the volumes of agricultural, forestry and fishery production.
It was proved that the mechanism for financial regulation of the agricultural sector, which provides for a combination of domestic sources of financing and available resources of financial institutions in the conditions of the proper government support for the development of financial and credit infrastructure is a prerequisite for the formation of financial basis for the functioning of the agricultural sector in the future.
Keywords: agricultural sector, state support, growth of efficiency, investments, lending.