Economic Administration of Agricultural Sector Development in the Concept of “Natural Capital”

Authors

  • Viktoriia Melnyk Department of Economics, Accounting and Taxation, Vinnytsya Educational and Scientific Institute of Ternopil National Economic University
  • Sergiy Nadvynychnyy Department of Management, Public Administration and Personnel, West Ukrainian National University
  • Borys Pohrishchuk Department of Economics, Accounting and Taxation, Vinnytsya Educational and Scientific Institute of Ternopil National Economic University
  • Oleh Pohrishchuk Department of Economics, Accounting and Taxation, Vinnytsya Educational and Scientific Institute of Ternopil National Economic University

DOI:

https://doi.org/10.23925/2178-0080.2025v27iSI.73122

Keywords:

economic development, agricultural sector, natural capital, environmentalization, green economy

Abstract

The research focuses on the formation of the concept of “natural capital” and its potential in the economic development of the agricultural sector. The study aims to substantiate theoretical and methodological foundations and identify organizational and economic factors for its implementation. “Natural capital” is treated as an economic category encompassing resource potential, plant, and animal components used in production. Key areas include its formation, conservation, and the environmentalization and greening of agrarian economy sectors. Institutional components and environmental priorities in agricultural production are emphasized. The study proposes green development strategies and green economy principles, highlighting the need for technological advancement, efficient resource use, and integrated management. Future research should focus on quantitative assessment, cost-efficiency, and sustainable utilization of natural capital in agriculture.

Author Biographies

Viktoriia Melnyk, Department of Economics, Accounting and Taxation, Vinnytsya Educational and Scientific Institute of Ternopil National Economic University

Doctor of Economics, Professor, specializing in economics and management, with research interests in innovation, competitiveness, investment, and agricultural sector development in post-war reconstruction contexts.

Sergiy Nadvynychnyy, Department of Management, Public Administration and Personnel, West Ukrainian National University

Doctor of Economic Sciences, Professor, specializing in economics and management, with research interests in food security, bioeconomy, organic production, and economic development.

Borys Pohrishchuk, Department of Economics, Accounting and Taxation, Vinnytsya Educational and Scientific Institute of Ternopil National Economic University

Doctor of Economics, Professor, specializing in economics and management, with research interests in agribusiness, entrepreneurship, innovation, investment, and regional economic development.

Oleh Pohrishchuk, Department of Economics, Accounting and Taxation, Vinnytsya Educational and Scientific Institute of Ternopil National Economic University

PhD in Economics, Associate Professor, researching economics and management, with interests in innovation, enterprise management, regional development, and agricultural sector potential.

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Published

2025-12-19

How to Cite

Melnyk, V., Nadvynychnyy, S., Pohrishchuk, B., & Pohrishchuk, O. (2025). Economic Administration of Agricultural Sector Development in the Concept of “Natural Capital”. Management in Dialogue Review, 27(SI), 152–166. https://doi.org/10.23925/2178-0080.2025v27iSI.73122

Issue

Vol. 27 No. SI (2025): Public Administration for Business Development and Urban Well-being: Policies, Strategies, and Innovations

Section

Artigos

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Copyright (c) 2025 Viktoriia Melnyk, Sergiy Nadvynychnyy, Borys Pohrishchuk, Oleh Pohrishchuk

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