The globalization trends of the agrarian sector development
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Date
2019-09
Authors
Samoilyk, Y. V.
Zos-Kior, M. V.
Illin, V.
Illina, O.
Самойлік, Юлія Василівна
Зось-Кіор, Микола Валерійович
Journal Title
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Abstract
Description
The article has been devoted to the agrarian sector development’s problems in the world. Agricultural production trends have been identified. The idea of the research has been to apply a cluster analysis technique for identifying these trends. It has been confirmed regularity that the share of agriculture added value has been higher in the poorest countries. It has been proved that in countries with a dominant agrarian trend aggregate economic development indicators have been lower than in industrialized countries. Cluster analysis has been carried out for determining the agrarian sphere impact on the countries’ globalization development level. Hierarchical clusterization’s dendrogram of the leading countries according to the integral globalization development index and the value added of agriculture per person has been constructed. In particular, European countries have been grouped using the cluster analysis methodology based on aggregate indicators of development, including the share of agriculture in GDP, nominal GDP and GDP per parity of purchasing power (PPP) per capita, country’s territory, population.
Keywords
Agrarian sector, Agriculture gross value added, Globalization trend, Cluster analysis, Clustering dendrogram