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Reproduction of the Main Capital of Forestry Economy in the Conditions of Digitalization, European Integration and Decentralization: The Ecological and Economic Aspects
Karpuk A. I., Holian V. A., Butsenko R. A.

Karpuk, Anatolii I., Holian, Vasyl A., and Butsenko, Rostyslav A. (2023) “Reproduction of the Main Capital of Forestry Economy in the Conditions of Digitalization, European Integration and Decentralization: The Ecological and Economic Aspects.” Business Inform 5:113–120.
https://doi.org/10.32983/2222-4459-2023-5-113-120

Section: Ecology and Environmental Management

Article is written in Ukrainian
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UDC 330.142.211:630*6

Abstract:
It is substantiated that the main capital of forestry economy includes the technical-technological, production-economic and natural-resource components, which requires the formation of a modern model of ecological and economic regulation of its reproduction to prevent the processes of exhausting and unbalanced forest use. It is determined that at the present moment the decisive influence on the paces, proportions and scale of reproduction of the main capital of forestry economy is exercised by the processes of European integration, digitalization and decentralization, which to some extent is reflected in the State Strategy for Forest Management of Ukraine until 2035. Studies have shown that in 2013–2021 in the dynamics of most articles of capital expenditures for the purchase of production equipment, cars, devices, machinery and mechanisms, there is an upward trend, owing to both the real growth of capital investments and devaluation-inflationary processes. It is revealed that in 2013–2021 there is a reduction in total capital expenditures for the purchase of road construction equipment, which reduces the ability of permanent forest users to develop a network of forestry roads. It is substantiated that deepening the digital transformation of the forest management system and the movement of forest products requires an increase in capital expenditures in the acquisition of modern software and other information and digital technologies, which will lead to an increase in the share of intangible assets in the structure of main capital of forestry economy. It is found that in recent years certain institutional prerequisites have been formed for diversification of sources of financial and investment support for the reproduction of fixed capital of forestry economy due to an increase in the volume of bank lending and additional attraction of foreign investments. It is proved that a perspective institutional form of diversification of sources of financing for the reproduction of main capital are public-private partnership agreements, which will ensure the consolidation of resources of the public and corporate sectors to accelerate the processes of expanded reproduction and economic development of the forest resource potential of the country.

Keywords: main capital, forestry economy, investments, decentralization, production equipment, bank lending.

Fig.: 2. Tabl.: 1. Bibl.: 8.

Karpuk Anatolii I. – Doctor of Sciences (Economics), Professor, Director, Separated Subdivision of National University of Life and Environmental Sciences of Ukraine “Boyarka Forestry Research Station” (12 Lisodoslidna Str., Boiarka, Kyievo-Sviatoshynskyi district, Kyiv region, 08150, Ukraine)
Holian Vasyl A. – Doctor of Sciences (Economics), Professor, Senior Research Fellow, Separated Subdivision of National University of Life and Environmental Sciences of Ukraine “Boyarka Forestry Research Station” (12 Lisodoslidna Str., Boiarka, Kyievo-Sviatoshynskyi district, Kyiv region, 08150, Ukraine)
Email: [email protected]
Butsenko Rostyslav A. – Postgraduate Student, National University of Life and Environmental Sciences of Ukraine (15 Heroiv Oborony Str., Kyiv, 03041, Ukraine)

List of references in article

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Hrytsaichuk, V. P. “Stratehiia rozvytku potentsialu lisovoho kompleksu Ukrainy“ [Strategy for the Development of the Potential of the Forest Complex of Ukraine]: avtoref. dys. … kand. ekon. nauk : 08.00.03, 2008.
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Dziubenko, O. M. “Formuvannia investytsiino-innovatsiinoi stratehii rozvytku lisovoho hospodarstva v konteksti pidvyshchennia efektyvnosti vykorystannia lisoresursnoho potentsialu“ [Formation of an Investment and Innovation Strategy for Forestry Development in the Context of Increasing the Efficiency of Use of Forest Resource Potential]. Investytsii: praktyka ta dosvid. 2017. http://www.investplan.com.ua/pdf/23_2017/11.pdf
Diachenko, M. I., Zhmudenko, V. O., and Chukina, I. V. “Obgruntuvannia priorytetiv stratehichnoho rozvytku lisovoho hospodarstva na osnovi investytsiino-innovatsiinoho zabezpechennia“ [Substantiation of Priorities of Forestry Strategic Development on the Basis of Investment and Innovation Support]. Ekonomika ta suspilstvo, no. 24 (2021). DOI: https://doi.org/10.32782/2524-0072/2021-24-25
Kvatyrko, O. M. “Ekoloho-ekonomichni zasady formuvannia mekhanizmiv vykorystannia konkurentnykh perevah lisovoho sektoru rehionu“ [Ecological and Economic Bases of Formation of Mechanisms for Using Competitive Advantages of the Forest Sector of the Region]. Ahrosvit, no. 18 (2021): 62-72. DOI: 10.32702/2306-6792.2021.18.62
Medynska, N. V. “Formuvannia ekonomichnoho mekhanizmu pryrodokorystuvannia v umovakh novoi hlobalnoi pryrodookhoronnoi arkhitektoniky“ [Formation of the Economic Mechanism of Nature Management in the Context of a New Global Environmental Architectonics]. Visnyk Sumskoho natsionalnoho ahrarnoho universytetu. Seriia «Ekonomika i menedzhment», no. 1 (2021): 44-50. DOI: https://doi.org/10.32845/bsnau.2021.1.7
[Legal Act of Ukraine] (2021). https://zakon.rada.gov.ua/laws/show/1777-2021-р#Text

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