Abstract

The definitions for characterizing the economic potential of region agricultural sector have been proposed, in particular as a set of economic resources and the ability to effectively accumulate and use subjects of economic relations of administrative-territorial entity that conduct economic activities in production and processing of their own agricultural products, which ultimately result ensures the socio-economic development of the region concerned. The role of region agricultural potential in the context of diagnostics of agricultural sector economic potential at regional level is outlined. A structural and logical diagram of the relationship between these categories is presented. The following distinctions are made between the terms: the agricultural potential of the region is characterized by the region, given the state of ownership of available resources and the prospects of attracting the necessary resources for agricultural activities, and the second category is focused on the economic feasibility of using available and the possibility of attracting resources for agricultural activities in the region. Structural-logical relationship between these categories is presented. The following distinctions between terms have been noted: the agricultural potential characterizes region, taking into account state of ownership of available resources and prospects of attracting the necessary resources for agricultural activities, and the second category is focused on the economic feasibility of using possibility of attracting resources for agricultural activities in region. It has been proposed to highlight the following potentials in assessment of agricultural potential of region: natural, industrial, economic, financial-investment, scientific-innovative, labor and quality of life in rural areas potential. The indicators are grouped into six integral indicators and compared to integrated indicators of corresponding average values in Ukraine (the growth rates for each year are calculated). The dynamics of the indicators characterizing the agricultural potential components proposed for evaluation, based on the example of Cherkasy region. Results of the survey identified trends that Cherkassy region has favorable conditions for agriculture: a significant share of capital investment, high concentration of educational and research institutions, high wages level. Due to high share of arable land, soil fertility crop sector is dominant in the region. There was established that, due to the high share of arable land, soil fertility is predominant in the field of crop production.

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