Issue №: 9 (37)
The magazine deals with the problems of the agricultural sector of the economy in the context of integration and processes of globalization. Attention is paid to the issues of development of digital economy, rural territories, technologies of enterprise management and organization of accounting, problems of legal support of economic processes, market tendencies of development of various branches of economy. Particular attention is paid to green tourism as a promising segment of the national economy.
PRODUCTION AND USE OF BIOFUELS IN UKRAINE: ECONOMETRIC APPROACHES, MODELING
KALETNIK Hryhoriy – Doctor of Economic Sciences, Professor, Academician of
NASS of Ukraine, President of the Ukrainian Scientific-Educational Concortium, Vinnytsia
National Agrarian University (21008, Vinnytsia, Soniachna Str., 3, e-mail:
rector@vsau.org).
BURENNIKOVA Nataliia – Dr. Sc. (Economics), Professor, Vinnitsa National
Agrarian University (21008, Vinnitsa, Soniachna str, 3, e-mail: n.burennikova@ukr.net).
POTAPOVA Nadiya – Candidate of Economic Sciences, Associate Professor of
the Modeling and Information Technologies in the Economy Department, Vinnytsia
National Agrarian University (21008, Vinnytsia, 3 Soniachna str., е-mail:
potapova.nadin@gmail.com).
The purpose of the article is to study trends in the production and consumption of
energy resources in Ukraine and in the world over the past ten years with the development
on their basis of appropriate econometric models to outline the prospects for further
development of the domestic biofuels market.
As a result of the research, econometric approaches were implemented with the
construction of relevant models and a forecast estimate to determine the expected average
energy intensity of GDP for 2017-2021 for all energy and bioenergy resources (biofuels). On
the basis of the data of the energy balance of Ukraine, the estimation of the dynamics and
expected energy intensity of GDP for all energy resources and for the part of biofuels for 2007-2016 by the least squares method was conducted. Similar calculations for the GDP per capita
based on the influence of supply and demand factors on biofuel market have been made. The
conclusions about the elasticity of GDP per capita and biofuel production and consumption
are substantiated. Prospects for further research are the formation of a methodology for the
use of performance indicators in bioenergy in the context of SEE-management.
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About 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
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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).

