scholarly journals Motorway Route Planning with Regarding the Adverse Effects on Agricultural Production Space

2019 ◽  
Vol 11 (23) ◽  
pp. 6770
Author(s):  
Małgorzata Dudzińska ◽  
Stanisław Bacior ◽  
Barbara Prus

Designing and implementing investment projects are activities that have a direct impact on the natural environment and pose a threat to sustainable development of rural areas. The issue of agricultural production space protection during the implementation of linear projects in Poland is often only mentioned at the design stage as the final element. The aim of the study is to propose a tool to enable an assessment and modelling of a motorway design variant in order to minimise the impact on the agricultural production space. Four indicators introduced in the modelling procedure include the loss of agricultural land, a decrease of land productivity in the vicinity of an investment project, changes in the spatial structure of areas divided by the investment, and difficulties resulting from the accessibility of areas. The superiority of the proposed method over consolidations implemented in the vicinity of a motorway is due to the introduction into projects not only of elements organising the space but also attributes that prevent the reduction of the production capabilities of the land located in the vicinity of the motorway (Module I) and, secondly, the elements decreasing the re-organisation of the space (Module II).

2020 ◽  
Vol 22 (1) ◽  
pp. 119-124
Author(s):  
Volodymyr Kharchenko ◽  
◽  
Hanna Kharchenko ◽  

Introduction. The article deals with the modeling features in the implementation of investment projects using the Monte Carlo method. The purpose of the article is to substantiate the feasibility of using economic and mathematical models to identify the risks of investment projects in agricultural production, taking into account the randomness of factors. Results. The expediency of using this method during the analysis of projects in agriculture is determined. This type of modeling is a universal method of research and evaluation of the effectiveness of open systems, the behavior of which depends on the influence of random factors. Particular attention is paid in such cases to decisions on the implementation of investment projects. The expediency of using this method in the analysis of projects in agriculture is determined. The main characteristics of the investment project are considered: investments involve significant financial costs; investment return can be obtained in a few years; there are elements of risk and uncertainty in forecasting the results of the investment project. The algorithm of the analysis of investment projects consisting of various stages is offered. The importance of investigating the risks of investment projects in agricultural production is substantiated. It is investigated that the basis of the Monte Carlo method is a random number generator, which consists of two stages: generation of a normalized random number (uniformly distributed from 0 to 1) and conversion of a random number into an arbitrary distribution law. The task of choosing an investment project for a pig farm is proposed. The calculations revealed that the amount of the expected NPV is UAH 63,158.80 with a standard deviation of UAH 43,777.90. The coefficient of variation was 0.69, so the risk of this project is generally lower than the average risk of the investment portfolio of the farm. Conclusions. The results of the analysis obtained using the method of Monte Carlo simulation are quite simple to interpret and reflect the change of factors over a significant interval, taking into account the probabilistic nature of economic factors. Thus, this method allows the implementation of the investment project to assess the impact of uncertainty on the final result of the project.


2019 ◽  
Vol 86 ◽  
pp. 00014
Author(s):  
Żanna Stręk ◽  
Justyna Wójcik-Leń

Rural land in Poland accounts for more than 90% of the area of the country and plays a very significant role. It is inhabited by 38.1% of the population. Unfortunately, these people are largely unemployed. The present status of the agricultural production space is a result of many centuries of human activity closely connected with social and economic, legal and political conditions. The spatial arrangement of land in the rural areas of central, southern, south eastern and eastern Poland, developed by historical processes, is characterized by the frequent occurrence of individual plot patchworks. An incorrect configuration of land owned by farmers considerably affects the profitability and effectiveness of agricultural production. The accession of Poland to the European Union offered many options for development to our country and in particular to the Polish countryside. Reconstruction of the defective spatial structure in Poland is one of the priorities of the EU’s agricultural policy. Numerous development programmes (SOP, RDP) are used for financing land consolidation and exchange works which are one of the basic tools for transforming ownership and structural relations in rural areas. With regard to the fact that agricultural land in Poland is greatly differentiated, particular attention should be paid to less favoured areas (LFA). It seems obvious that farmers in LFA are not able to generate the same earnings from crops as those generated by farmers in favoured areas. For the purposes of this publication, detailed surveys were carried out in the Milejów commune, Łęczna district, Lublin voivodship. Five villages in that commune were classified as less favoured areas. The analyses showed that Milejów is one of two communes in the Łęczna district with the smallest average area of plot owned by individual farmers. Based on the analysis of the structure of ownership and use, fragmentation and distribution of plots, as well as identification of less favoured areas, an alternative land development model was proposed, along with the reconstruction of the existing arrangement of land through comprehensive consolidation and exchange of land.


Water ◽  
2021 ◽  
Vol 13 (5) ◽  
pp. 585
Author(s):  
Catalina Iticescu ◽  
Puiu-Lucian Georgescu ◽  
Maxim Arseni ◽  
Adrian Rosu ◽  
Mihaela Timofti ◽  
...  

The use of sewage sludge in agriculture decreases the pressure on landfills. In Romania, massive investments have been made in wastewater treatment stations, which have resulted in the accumulation of important quantities of sewage sludge. The presence of these sewage sludges coincides with large areas of degraded agricultural land. The aim of the present article is to identify the best technological combinations meant to solve these problems simultaneously. Adapting the quality and parameters of the sludge to the specificity of the land solves the possible compatibility problems, thus reducing the impact on the environment. The physico-chemical characteristics of the fermented sludge were monitored and optimal solutions for their treatment were suggested so as to allow that the sludge could be used in agriculture according to the characteristics of the soils. The content of heavy metals in the sewage sludge was closely monitored because the use of sewage sludge as a fertilizer does not allow for any increases in the concentrations of these in soils. The article identifies those agricultural areas which are suitable for the use of sludge, as well as ways of correcting some parameters (e.g., pH), which allow the improvement of soil quality and obtained higher agricultural production.


2020 ◽  
Vol 6 (2) ◽  
pp. 117-132
Author(s):  
Nitin Tagade ◽  
Sukhadeo Thorat

In India, the rural economy still remains crucially important in the economic wellbeing of the majority population. The low income and high poverty in rural areas are closely associated with unequal distribution of income-earning assets, particularly agricultural land and non-land capital assets. In this article, therefore, we try to understand the intergroup inequality in wealth ownership across caste, ethnic and religious groups in rural India based on the 2013 data from the All India Debt and Investment survey carried out by National Sample Survey Office. The results indicate high interpersonal wealth inequality so also the intergroup wealth inequality at the aggregate level and by type of assets in rural India. The impact of caste on the ownership of wealth clearly indicates high ownership among Hindu high caste and Hindu other backward caste at the cost of low wealth share or ownership of the SC/ST indicating the existence of graded inequality.


2021 ◽  
Vol 27 (11) ◽  
pp. 2548-2574
Author(s):  
Andrei I. MASTEROV

Subject. This article analyzes the economic and demographic conditions for the Russian pension system’s development and the impact of the effectiveness of investment projects implementation on pension savings. Objectives. The article aims to analyze the Russian pension system’s development difficulties in terms of an unfavorable investment climate and negative demographic trends, and identify ways to propel the pension savings investing profitability increase. Methods. For the study, I used induction and deduction, and the methods of systems and statistical analyses. Results. The article offers recommendations for the development of a system of measures aimed at improving the methodological support for the preparation and implementation of management decisions on investment project management. Conclusions and Relevance. Solving the problems of the pension system through the development of voluntary pension savings is constrained by the low efficiency of the investment projects implementation. The results of the study can be used when developing legislative, organizational and methodological measures aimed at improving the efficiency of investing pension savings in investment projects implemented in the Russian Federation.


Author(s):  
N. Koshevsky

The introduction provides a brief review of the literature on methods for assessing the effectiveness of investment projects, based on which the choice of optimal sources of financing is made. In the main part of the work, various scenarios for the implementation of an investment project are disclosed: sources of financing that are alternative to the baseline scenario are attracted. In the final part of the work, the considered scenarios are assessed and conclusions are drawn.For each enterprise, improving the financial and economic efficiency of its activities is one of the priority tasks. These tasks include the need to increase the return on capital, the choice of funding sources that have a positive effect on economic efficiency. This paper examines the ways of choosing the optimal, from the point of view of the impact on economic efficiency, instruments for financing an investment project. A practical case of project financing with an assessment of the effectiveness of the implementation of an investment project is considered. To analyze the alternatives, a financial business model was developed, which allows you to quickly make changes, update performance indicators and make decisions about the required capital structure. It is concluded that the optimal capital structure with the highest NPV indicator and that when assessing the efficiency parameters, it is necessary to make an adjustment for the possible presence in the company's capital structure of funding sources that distort the comparability of the project in relation to projects without such sources (for example, budget grants).


2015 ◽  
Vol 2015 (3) ◽  
pp. 60-75
Author(s):  
Elena Belova ◽  
Yuliya Rozenfeld

The subject of the study presented in this article is the economic relations arising due to the progress of the urbanization that leads to changes in agricultural production. For a long time in Russia a reduction of agricultural land, arable land and crops takes place. One reason for this is the global progress of urbanization. Changes in agricultural land use occur across the country however this process is uneven in different regions. Among all regions Moscow and Moscow region significantly stand out. The study showed that in the more urbanized regions of the country reduction of the agricultural land and changes in agricultural land use are greater than in less urbanized ones.


2019 ◽  
Vol 97 ◽  
pp. 06034 ◽  
Author(s):  
Elena Lyapuntsova ◽  
Iulia Belozerova ◽  
Ilona Drozdova ◽  
Oleg Korol

The purpose of the article is to review the theoretical foundations and practical examples of investor assessment with an integrated approach to the development of urban infrastructure. The article analyzes the conditions for reducing the investment costs of projects. For this purpose, methods of clarifying the conceptual apparatus, classification, systematization and an integrated approach are used. The significance of an investment project depends on its positive influence on at least one of the external or internal markets: material and financial products, services and labor, on the social environment and the environment. Examples are provided of the impact on urban planning and the ecology of the urban landscape of investment projects in the field of tourism in recent years, implemented at the expense of the Federal Target Program “Development of domestic and inbound tourism in the Russia for 2011-2018.” in Sarapul, Barnaul and Cherepovets. The authors conclude that in the examples cited there is a relationship between the risk tolerance of the project and the complexity of the approach to its implementation, and as a result, the amount of investment. Large projects are designed not only to solve specific problems of the investor, regions, economy, state and society, but also ensure the profitability of the state budget at various levels, create new jobs, ensure GDP growth in the country and investment in various sectors, create conditions for the development of the country’s regions. The narrowly focused investment projects are fraught with great risks for the investor due to the selectivity and limited scope of the manifestation of effects.


2021 ◽  
Vol 2021 (3) ◽  
pp. 7-32
Author(s):  
Volodymyr Sidenko ◽  
◽  

The article considers various global factors influencing rural development under the conditions of liberalization of the agricultural land market in Ukraine. The author assesses the impact of global processes and global capital on the development of national farms, income distribution, access to land resources, production processes and equitable development in this country. It is proved that globalization, leading to increased concentration of agri-food production and business and expanding the role of large transnationalized corporations, is primarily aimed at exploiting the country’s existing comparative advantages, rather than increasing them, and promotes, in many recipient countries, a model of double economy split in the technological and socio-economic dimensions into qualitatively heterogeneous sectors. The author concludes that although global factors of agricultural production may have a relatively positive impact in macroeconomic terms, the dominance of multinational (transnational) companies, large exporting companies and financially powerful sovereign welfare funds in the market may create risks and threats of crowding out Ukrainian farmers from the market and blocking the sustainable development of rural areas. At the same time, Ukraine's agricultural sector will be transformed into a raw-material link of global food production chains dominated by large transnationalized entities, and a kind of raw-material enclave of transnationalized production will be created within the Ukrainian economy. The article argues that in today's global economy, where cardinal transformations are taking place and uncertainty is growing, land will become an increasingly valuable asset, attractive not only to agricultural producers but also to land speculators and those who try to maintain the value of their assets under the conditions of growing global risks. Under such conditions, investment in land will not at all necessarily contribute to the development of agricultural production, because speculative capital in the face of widespread expectations of a long and significant upward trend in land prices will prevail over productive agricultural capital. In general, this might lead to a significant increase in the cost of agricultural production and food prices. The author proves that the liberalization of the land market leads to increased risks of transfer of the control over Ukraine’s land resources to foreigners (sovereign financial funds and major international corporations), given their dramatic advantage by available financial resources for land acquisition, compared to those possessed by Ukraine’s residents. The article substantiates a set of policy measures and national policy instruments necessary to minimize the risks associated with the introduction (in the context of globalization) of free purchase and sale of agricultural land, which comply with the regulation principles of the European Union.


2020 ◽  
pp. 164-171
Author(s):  
G. G. Utenov

The performance of investment projects in acquisitions of companies by private equity funds has been explored by assessing the financial and valuation results of such transactions in two directions: change in the valuation multiple of an acquired company over the period of the investment project and the impact of a fund on a company’s operational efficiency. As a result of the analysis, the hypothesis of the higher EV/EBITDA exit multiple of the private equity fund compared to the same entry multiple was not confirmed. However, the hypothesis that private equity funds are able to increase the operational efficiency of portfolio companies on average better than other types of investors, confirms the effectiveness of private equity funds and high performance of such investment projects.


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