COVID-19: crisis or new opportunities time for the agricultural sector of Ukraine

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dc.contributor.authorKaminskyi, Andrii
dc.contributor.authorNehrey, Marina
dc.contributor.authorZomchak, Larisa
dc.date.accessioned2022-02-08T10:19:20Z
dc.date.available2022-02-08T10:19:20Z
dc.date.issued2021
dc.description.abstractCOVID-19 is a huge problem for the sustainability of the global economy, both short and long term. The spread of COVID-19 has led to a decline in business and economic activity, as well as a contraction in production - virtually all world economies have shown a sharp decline in GDP. World experience shows that agriculture is less vulnerable to a pandemic. In general, there is a calmer reaction to the demand for agricultural products than for industrial ones. The impact of agricultural production volume on the real GDP of Ukraine is investigated with a distributed-lag model on the data for the period 2008-2020. The effects of the impact distribute almost evenly between the four quarters of the year, which means that the lockdown effects in the agriculture sector will affect the GDP of Ukraine for a long period. The decline in production, the closure of markets and borders, the cancellation of orders led to the fact that the agricultural sector faced serious logistical problems. In addition, the economic downturn has affected farmers' access to financial resources. However, COVID-19 also opened new opportunities for the Ukrainian agricultural sector: accelerating and expanding the process of digitalization, the opportunity to expand the market for export products, and increase skilled and unskilled labor. The authors propose six steps to ensure the sustainable development of the agriculture sector of Ukraine.uk_UA
dc.identifier.citationKaminskyi A. B. COVID-19: crisis or new opportunities time for the agricultural sector of Ukraine / A. B. Kaminskyi, M. V. Nehrey, L. M. Zomchak // IOP Conference Series: Earth and Environmental Science. - 2021. - Vol. 628, no. 1. - 10 P. - https://doi.org/10.1088/1755-1315/628/1/012031uk_UA
dc.identifier.urihttps://doi.org/10.1088/1755-1315/628/1/012031
dc.identifier.urihttps://ekmair.ukma.edu.ua/handle/123456789/22627
dc.language.isoenuk_UA
dc.relation.sourceIOP Conference Series: Earth and Environmental Scienceen_US
dc.statusfirst publisheden_US
dc.subjectAgriculture Sectoren_US
dc.subjectCOVIDen_US
dc.subjectCrisisen_US
dc.subjectGDPen_US
dc.subjectModeluk_UA
dc.subjectSustainabilityen_US
dc.subjectarticleen_US
dc.titleCOVID-19: crisis or new opportunities time for the agricultural sector of Ukraineen_US
dc.typeArticleen_US
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