ASSESSMENT OF MACROECONOMIC INSTABILITY TRENDS AND THEIR IMPACT ON FOOD PRODUCTION IN UKRAINE
DOI:
https://doi.org/10.31073/foodresources2021-17-20Keywords:
food industry, macroeconomic instability, negative impact, food market stabilizationAbstract
Subject of research – macroeconomic situation and economic processes in the food industry of Ukraine. The purpose of the study is to determine the state of industrial food production, assess trends of macroeconomic instability and their impact on food production in Ukraine. Research metods: dialectical and systematic generalization - to analyze the work of scientists on the assessment of economic instability and the level of development of the food industry; analysis of statistical reporting - to assess the state of the food industry; computational-analytical, graphic - for the analysis of time series; index - to assess the dynamics of macroeconomic indicators; correlation-regression analysis - to form models of interdependence of market indicators and macroeconomic status; XYZ analysis of variations - to determine the level of instability of macroeconomics and food industry. Research results. The work of scientists on the assessment of macroeconomic instability is summarized. The dynamics and structure of food industry production are estimated. The proportions of food production are estimated depending on the industry characteristics. The rates of production of certain food products, indices of changes in macroeconomic indicators and food production are compared. Regression equations of dependence of food industry production on existing tendencies, macroeconomic and production indicators are constructed. Forecasts of food production under the influence of macroeconomic and sectoral factors are given. With the help of coefficients of variation, the trends of macroeconomic instability of the main indicators of socio-economic development and indicators of the food industry are estimated. The most critical periods of instability in the development of the food industry and the economy as a whole are highlighted. Measures to prevent macroeconomic instability in the food industry are proposed. It is proved that the food industry reacts more steadily to the manifestations of macroeconomic instability compared to other sectors of the economy. At the same time, it is necessary to prevent the negative phenomena of the economy through macroeconomic planning and forecasting, taking measures to stabilize the food market. In the first h Scope of results. Designed for professionals in economics, macroeconomic research and the food industry, researchers, teachers, graduate students and students of higher education. The results can be used by researchers, professionals and government agencies in the study of trends in the food industry and prevent the impact of macroeconomic instability.
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