Formation and Reproduction of the Material Technology Basis of Agricultural Sphere

Abstract

The article reveals the economic essence of the material and technical base of agrarian enterprises. The study considers the causal link between the availability and the formation of the material and technical base of the agrarian enterprises and economic growth. The material and technical basis of agriculture is considered as a combination of land, material and production resources, material and technical elements and biological resources interdependent and interrelated, involved in achieving current and strategic goals. The research methodology is based on theoretical developments and scientific tools that includes methods for constructing dynamic series, comparative and economic analysis, and allows to systematize, unify and identify the directions of reproduction of the material and technical base of the agrarian sphere for further economic development. The source of the research was the value and structure of Ukraine's fixed assets by type of economic activity, published by the State Statistics Service of Ukraine, taking into account the period 2000-2017, as well as data on the availability of machinery and power facilities in agriculture in the dynamics. The ways of solving problems of reproduction and updating of basic means of agriculture are generalized. It has been determined that the optimal balance between types and groups of fixed assets in terms of the type of economic activity, as well as exceeding the level of renewal and acquisition of fixed assets above their retirement and write-offs, and the possibility of obtaining investments and access to state programs will enable the formation of fixed assets and efficient use