IMPACT OF THE DEVELOPMENT OF ECOLOGICAL INNOVATIONS ON THE FORMATION OF AGRICULTURAL PRODUCTION COST IN THE CONTEXT OF SUSTAINABLE DEVELOPMENT
DOI:
https://doi.org/10.60022/3(2)-14SKeywords:
ecological innovations, agribusiness, cost of production, expenses, sustainable development, agricultural productsAbstract
The article examines the impact of ecological innovations on the formation of the cost of agricultural products in the context of sustainable development. It is substantiated that ecological innovations in agribusiness directly affect the structure of production costs by changing the ratio of material, energy, and resource components. The economic prerequisites for the implementation of environmentally oriented technologies are identified, and their influence on production costs of agricultural enterprises is analyzed. It is shown that in the short term the introduction of ecological innovations may lead to an increase in production costs due to additional investments and modernization of production processes. However, in the long term ecological innovations contribute to cost reduction through higher resource efficiency, lower production losses, and optimized energy use. The article concludes that ecological innovations represent an important economic factor for ensuring the sustainable development of the agricultural sector and strengthening its competitiveness.
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Copyright (c) 2026 Людмила Анатоліївна Петльована (Автор)
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