Economy, business and services

No. 1 (26) - 2025 / 2025-03-31 — Updated on 2025-03-31 / Number of views: 43

INVESTMENTS AND LABOR PRODUCTIVITY IN AGRICULTURE OF KAZAKHSTAN: STATUS, PROBLEMS AND SOLUTIONS

Authors

S. Seifullin Kazakh Agro Technical Research University
https://orcid.org/0000-0003-1131-1413
L.N. Gumilyov Eurasian National University
https://orcid.org/0000-0003-1704-7393
S. Seifullin Kazakh Agro Technical Research University
https://orcid.org/0000-0002-3955-9237
S. Seifullin Kazakh Agro Technical Research University
https://orcid.org/0000-0002-9744-4104
Kazakh University of Technology and Business named after K. Kulazhanov
https://orcid.org/0000-0002-2565-1614

Keywords

investments, agriculture, labor productivity, government support, efficiency, agricultural sector

Link to DOI:

https://doi.org/10.58805/kazutb.v.1.26-620

How to quote

Baidakov, A. ., Kuchukova Н., Bespayeva Р., Bulkhairova Ж., and Zhumataeva Б. “INVESTMENTS AND LABOR PRODUCTIVITY IN AGRICULTURE OF KAZAKHSTAN: STATUS, PROBLEMS AND SOLUTIONS”. Vestnik KazUTB, vol. 1, no. 26, Mar. 2025, doi:10.58805/kazutb.v.1.26-620.

Abstract

This work is aimed at studying the state and dynamics of investments in fixed assets of agriculture in Kazakhstan and their impact on labor productivity, which is becoming especially relevant in the context of modern challenges of the agricultural sector. Despite a number of government programs being implemented and significant investments being poured into agriculture, low labor productivity remains a serious problem that requires in-depth analysis. The purpose of the study is a systematic analysis of investments in fixed assets of agriculture in Kazakhstan and an assessment of their impact on labor productivity. The article also examines the key factors influencing the effectiveness of the implementation of government programs and their contribution to the development of agriculture. The hypothesis of the study is that an increase in investments in fixed assets of agriculture in Kazakhstan has a positive effect on labor productivity, while the effectiveness of this influence depends on the quality of planning and implementation of government programs and the level of business activity of agricultural producers themselves. The results of the study emphasize the need for an integrated approach to improving labor productivity and the efficiency of using investments in the agricultural sector to ensure food security and sustainable economic growth in Kazakhstan.

 

Versions