EVALUATION OF THE EFFECTIVENESS OF THE DEVELOPMENT OF INDUSTRY IN THE REGION

Abstract

The article assesses the impact of the development of industry in the Volyn region, which does not belong to the industrialized regions of Ukraine.

Industry in the Volyn region is considered to be important and priority parts of the regional economic complex, because it provides jobs for a significant part of the population of the region. But the largest industrial production enterprises are located mainly in the cities of the region - it is Lutsk, Novovolynsk, Kovel, Kivertsi, and also in Lutsk region. Based on the analysis of trends in the main indicators of industrial development in the Volyn region, it was found that volumes of sold products in the period of 2012-2016 increased by 2 times, but the real growth indices were less optimistic, and in the years 2014-2015 they were decreasing. Negative trends include the reduction of the number of workers in the industry. Among the positive points can be highlighted increase in the profitability of industry in 2016 after the lossy previous year. At the same time, the profitability of products remains low, and the volume of capital investment does not have a tendency to increase.

In the course of the research it was revealed that the contribution of the sphere of industry to the economic development of the Volyn region was not stable. After all, in 2013-2014, the share of industry in the gross value added decreased to 14.4%. On the other hand, the share of workers in this sector was the lowest in 2014 - 21.6%, and the share of capital investments dropped sharply in 2016 to 26.3% after a sharp increase in 2015 to 44.9%. Thus, industry does not show a stable contribution to the economy of the region. The total volume of sales in industry has a tendency to increase. But this growth was achieved mainly due to a sharp increase of more than 3 times the volume of sales of medium-sized industrial enterprises, as well as a slight increase of more than 2 times the volume of sales of small enterprises. The most developed types of industrial activities in the Volyn region include the production of food and beverages, the manufacture of wood and wood products, as well as machine building. Among the main types of industrial production, the championship in the structure of the volume of industrial products sold confidently holds the processing industry. But its share after 2015 is reduced to 79.9-80.3% compared to 87.2% in 2015. In other words, in general it is possible to note the raw orientation of industrial types of economic activity in the Volyn region.

Thus, the industry is characterized by unstable tendencies in a number of key economic indicators of activity, which requires further analysis of trends in the rate of change in the use of personnel in the industry in the region