Economy, finances, management: topical issues of science and practical activity

SCIENTIFIC JOURNALS OF VINNITSA NATIONAL AGRARIAN UNIVERSITY

Issue №: 4 (74)

Published: 2025.12.31

DOI: 10.37128/2411-4413-2025-4

Description:
The journal deals with the issues of efficiency of functioning of the national economics and organizational forms of management of the national economy. Attention is paid to the problems of marketing, management and efficiency of production and economic activity of agrarian enterprises. The issues of public administration and administration, accounting and taxation, banking and insurance, forecasting and modeling of economic processes, foreign economic activity, commodity flows of economic entities and their infrastructure support.

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EVALUATION OF THE IMPACT OF DIGITALIZATION ON THE ECONOMIC PERFORMANCE OF AGRICULTURAL ENTERPRISES

DOI: 10.37128/2411-4413-2025-4-4

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LUTKOVSKA Svitlana – Doctor of Economical Sciences, Professor, Vice-Rector for Scientific-Pedagogical and Educational Work, Professor of the Department of Administrative Management and Alternative Energy Sources, Vinnytsia National Agrarian University (21008, Vinnytsia, 3, Soniachna Str., е-mail: lutkovska@vsau.vin.ua, https://orcid.org/0000-0002-8350-5519).

PRONKO Lyudmila – Candidate of Economical Sciences, Associate Professor, Dean of the Faculty of Management and Law, Associate Professor of the Department of Administrative Management and Alternative Energy Sources, Vinnytsia National Agrarian University (21008, Vinnytsia, 3, Soniachna Str., е-mail: PronkoL@ukr.net, https://orcid.org/0000-0001-5633-901X).

PROSEKOV Andrii – Postgraduate Student of the Second Year of Study of the Department of Administrative Management and Alternative Energy Sources, Vinnytsia National Agrarian University (21008, Vinnytsia, 3, Soniachna Str., e-mail: prosekov3@gmail.com, https://orcid.org/0009-0002-8133-3191).

Annotation

The current state of digital technology implementation worldwide and in Ukraine has been outlined in the article. It has been shown that in developed countries there is a high level of adoption of precision farming systems, Big Data, drones, and ERP systems, which contributes to higher efficiency and competitiveness of the enterprises. In Ukraine, significant differentiation has been revealed: large agricultural holdings actively introduce innovations, while small and medium-sized farms face financial and infrastructural constraints.

A methodological approach to assessing the impact of digitalization on economic performance has been proposed. A system of indicators has been defined, including labor productivity, yield, cost price, profitability, and return on sales, as well as the level of automation and the use of electronic services. An integral index of digitalization has been developed, which makes it possible to quantitatively assess the degree of digital maturity of the enterprises and link it to economic performance indicators.

An empirical study has been carried out, analyzing a sample of agricultural enterprises with different levels of digital transformation. A positive influence of digital technologies on agricultural crops’ yield, cost reduction, and financial stability of enterprises has been identified. A comparison between digitalized and traditional enterprises has confirmed the presence of statistically significant differences in their performance.

The main barriers and risks of digitalization have been determined, including the high cost of technologies, insufficient infrastructure, staff shortages, and cyber threats. The necessity of state support, the improvement of digital literacy, and the development of information infrastructure have been emphasized as prerequisites for further innovation diffusion.

It has been concluded that digitalization is one of the key factors in enhancing the competitiveness of agricultural enterprises, and the proposed methodological approach can be applied to monitor the effectiveness of digital transformation. It is emphasized that the integration of digital technologies into agriculture has a long-term multiplier effect, which is manifested not only at the level of individual enterprises, but also in the development of the industry as a whole. It is established that the effectiveness of digital innovations is enhanced when combined with organizational changes and modernization of the management system. The prospects for the further research aimed at assessing the socio-economic effects of digitalization and the formation of the strategies for sustainable development of the agricultural sector of the economy are substantiated.

Keywords: digitalization, agricultural enterprises, economic indicators, yield, productivity, cost price, profitability, digital transformation

List of references

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About the journal

Topics of the journal:

С1 Economics and International Economic Relations (by specialization)

D1 Accounting and Taxation

D2 Finance, Banking, Insurance and Stock Market

D3 Management

D4 Public Management and Administration

D5 Marketing

D7 Trade

J3 Tourism and Recreation

Keywords: economics , international economic relations , accounting , taxation , finance , banking , insurance , stock market , management , public management and administration , marketing , trade , tourism and recreation

Key information:

ISSN (print): 2411-4413

DOI: 10.37128

All-Ukrainian scientific and production journal “Economics, finance, management: topical issues of science and practical activity” is a peer-reviewed open-access journal that publishes original research, theoretical articles and reviews on a wide range of economic and business issues. The articles, which have scientific and scientific-practical significance, highlight theoretical and methodological aspects of the development of agrarian sector of economy and related industries, the results of fundamental and applied research.

The purpose of the journal is to highlight the results of fundamental and applied research in the field of economic sciences, aimed at developing modern approaches to managing economic processes, financial support for enterprise activities and increasing the efficiency of economic systems. The publication is focused on creating a scientific environment for the exchange of research results between scientists, higher education students and practitioners in economic sphere, as well as on the dissemination of modern scientific and methodological approaches to solving current economic and management problems. The journal contributes to the development of the research in the field of enterprise economics, finance, accounting, auditing, management, marketing, entrepreneurship, trade, tourism and recreation, public management and administration, economic development and international economic relations, which meets the modern needs of the socio-economic development of the state.

The journal’s objectives are:

• publishing the results of fundamental and applied research in the fields of economics, international economic relations, finance, management, public administration, accounting, marketing, tourism and recreation, and entrepreneurship;

• promoting the development of modern methods of managing enterprises and organizations, increasing the efficiency of using financial and material resources;

• supporting the research aimed at improving the economic mechanisms of enterprise functioning, developing innovative activity, and increasing the competitiveness of economic structures;

• ensuring the scientific exchange of research results between higher education institutions, scientific institutions, and business entities;

• developing methods of economic analysis, forecasting, and modeling of socio-economic processes;

• disseminating of modern approaches to financial management, accounting, taxation, and control of economic activity;

• promoting the development of interdisciplinary research related to the economic support of the development of agrarian sector of economy and rural areas;

• integration of scientific research results into the international scientific space and increasing the level of scientific communication.

Publisher: Vinnytsia National Agrarian University

Link to the journal on the publisher’s website: ”Economics, finance, management: topical issues of science and practical activity”

Frequency of issue: 4 times a year.

Language of publication: Ukrainian, English.

Editor-in-Chief: Inna Honcharuk

State registration: Decision of the National Council of Ukraine on Television and Radio Broadcasting No. 1337 and No. 1178. Media identifier – R30-05171. Publisher registration number (EDRPOU) 00497236.

Publisher’s ROR: https://ror.org/05m3ysc06 Publisher’s DOI prefix: 10.37128 ISSN (print): 2411-4413

Publisher DOI prefix: 10.37128 ISSN (print): 2411-4413

The scientific journal is included in category "B" of the List of scientific professional publications of Ukraine, in which the results of dissertations for the degree of Doctor and Candidate of Sciences in the specialties C1 (051) - Economics, D1 (071) - Accounting and Taxation, D2 (072) – Finance, Banking, Insurance and Stock Market, D3 (073) – Management, D5 (075) – Marketing, D7 (076) – Entrepreneurship and Trade, (241) – Hotel and Restaurant Business, D4 (281) – Public Management and Administration (Order of the Ministry of Education and Science of Ukraine dated March 17, 2020 №409)

History of journal:

Founded in 1997 under the name ”Bulletin of Vinnytsia State Agricultural Institute”. In 2010-2014 it was published under the name “Collection of Scientific Papers of Vinnytsia National Agrarian University”. Since 2015 “Economics, finance, management: current issues of science and practical activity” (Certificate of State Registration of Mass Media No. 21154-10954 PR dated 12/31/2014).