Abstract

The article examines the influence and relationship of factors of production – capital and labor, on the economic stability of facilities operating in the system of irrigated agriculture, in the production of agricultural products. The problem of sustainable functioning is of particular relevance for farms with irrigated agriculture due to the high capital intensity of production using irrigation. The solution of sectoral problems is considered from the point of view of real economic processes of systemic integration taking place in the agro-industrial complex of the region. Research on the financial sustainability of enterprises is carried out using a system of relative indicators (financial ratios). The share of the value of the main reclamation funds is 35.5% of the main production funds of the agro-industrial complex of the region, which indicates a high capital intensity of production using irrigation technologies. Research was carried out on the basis of agricultural producers’ statistics using irrigation technologies. The degree of sustainability of their operation was assessed through the potential of the production potential of irrigated agriculture based on various economic indicators. The relationship considered taking into account the basic parameters of performance. The article uses the most universal and acceptable multiplicative Cobb-Douglas model for the agricultural industry, which represents the interconnection of factors of production – in our case, to quantify the relationship between fixed assets and labor resources and their impact on the sustainability of production. In modern conditions, the main criteria for the stability of structural units (facilities) in irrigated agriculture are economic parameters that make it possible to measure the costs and profits from the sale of products and provide each economic entity with a long-term cost-effective economy. The results show a relative change in the volume of output, expressed as a percentage, with a relative increase in the corresponding factor of production by 1%.

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