IMPROVING METHODOLOGICAL APPROACHES TO ASSESSING PRODUCTION EFFICIENCY OF IRRIGATED CROP PRODUCTION

Authors:Bannikova Natalia Vladimirovna, Esaulko Alexander Nikolaevich, Vaytsekhovskaya Svetlana Sergeevna, Kostyuchenko Tatyana Nikolaevna, Telnova Natalia Nikolaevna

338.43:631.67
Theme: Economics and Management of National Economy
Views: 2642

Annotation

Purpose: adjustment and expansion of evaluation items of economic efficiency of crop growing in the conditions of irrigated agriculture, taking into account its features.

Materials and methods. In the process of evaluation, the classical method of investment analysis, the computational-constructive method, one-parameter analysis of the sensitivity of the hydro-land reclamation project to key risks using the parameter variation method were used. The materials characterizing the water management complex and its state support indicators in the Stavropol Territory are presented. The data from agricultural enterprises in Novoaleksandrovsky and Ipatovsky districts of Stavropol Territory were used in calculations.

Results. Based on the analysis of the features of irrigated agriculture, their economic aspects are considered and the corresponding methodological approaches to conducting a comprehensive evaluation of the economic efficiency of irrigated agricultural production are proposed. The approbation of individual elements of the proposed methods using averaged factual data made it possible to illustrate the possibility of modeling economic efficiency in conditions of different irrigation methods, using the example of growing vegetable and fodder crops in dynamics, to conduct an investment analysis of a hydro-reclamation project, to characterize indicators for assessing the efficiency using – the identification of the key resources of crop production in conditions of irrigation – land and water, to identify the determining role of the risks of fluctuations in prices for vegetable products as a critical factor for one of the resulting indicators in the project analysis – the payback period of projects for the organization of irrigated agriculture.

Conclusions. The proposed methodological complex allows for a more reasoned and multilateral substantiation of the feasibility of irrigation and land reclamation projects implementation, conducting a comparative analysis of their economic parameters, and predicting the resistance level to changes in the main risk factors.

doi: 10.31774/2712-9357-2021-11-4-226-244

Keywords

economic efficiency, irrigation, evaluation method, reclamation investment project, sensitivity analysis

For quoting

Improving methodological approaches to assessing production efficiency of irrigated crop production / N. V. Bannikova, A. N. Esaulko, S. S. Vaytsekhovskaya, T. N. Kostyuchenko, N. N. Telnova // Land Reclamation and Hydraulic Engineering [Electronic resource]. 2021. Vol. 11, no 4. P. 226–244. URL: http:www.rosniipm-sm.ru/en/article?n=1247 (date of access: 22.11.2021). DOI: 10.31774/2712-9357-2021-11-4-226-244.

Authors

N. V. Bannikova – Professor of the Department of Entrepreneurship and World Economy, Doctor of Economic Sciences, Professor, Stavropol State Agrarian University, Stavropol, Russian Federation, nbannikova@mail.ru

A. N. Esaulko – Dean of the Faculty of Agrobiology and Land Resources and the Faculty of Ecology and Landscape Architecture, Doctor of Agricultural Sciences, Professor, Professor of the Russian Academy of Sciences, Stavropol State Agrarian University, Stavropol, Russian Federation, aesaulko@yandex.ru

S. S. Vaytsekhovskaya – Associate Professor of the Department of Entrepreneurship and World Economy, Candidate of Economic Sciences, Associate Professor, Stavropol State Agrarian University, Stavropol, Russian Federation, fantasiasm@mail.ru

T. N. Kostyuchenko – Professor of the Department of Entrepreneurship and World Economy, Candidate of Economic Sciences, Associate Professor, Stavropol State Agrarian University, Stavropol, Russian Federation, kostuchenkotn@mail.ru

N. N. Telnova – Associate Professor of the Department of Entrepreneurship and World Economy, Candidate of Economic Sciences, Associate Professor, Stavropol State Agrarian University, Stavropol, Russian Federation, telnatnik@mail.ru

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