Impact Of Fiscal Policy On Economic Development In Ukraine

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dc.contributor.authorLukianenko, Iryna
dc.contributor.authorSydorovych, Mariia
dc.date.accessioned2013-08-07T14:31:02Z
dc.date.available2013-08-07T14:31:02Z
dc.date.issued2013
dc.description.abstractThe paper aims on assessing the impact and efficiency of fiscal policy instruments for gaining macroeconomic goals in transition economies. For this reason the macroeconomic model of the Ukrainian budgetary sector is developed. The model represents interrelations between the budgetary sector and real economy reflecting the way financial resources are redistributed through the budgetary system. The model serves as a basis for scenario analysis of different types of fiscal policy and their effect on economic indicators. It also allows for forecasting budgetary revenues in order to compose an efficient budget estimates. The results of the research prove that in transition economy such as Ukrainian the channel of tax rate on personal income tax is more efficient from fiscal point of view than the one on enterprise profit tax, while reallocation of resources between budgetary transfers to population and R&D is more efficient than increasing budget expenditures. Since increase in expenditures influences higher increase in GDP, the model proves Keynesian effects in the economy of Ukraine.uk_UA
dc.identifier.citationLukianenko I. Impact Of Fiscal Policy On Economic Development In Ukraine / Iryna Lukianenko, Mariia Sydorovych // Hyperion International Journal Of Econophysics & New Economy. - 2013. - Vol. 6, Issue 1. - P. 91-116uk_UA
dc.identifier.issn2069-3508
dc.identifier.urihttps://ekmair.ukma.edu.ua/handle/123456789/2494
dc.language.isoenuk_UA
dc.statuspublished earlieruk_UA
dc.subjectfiscal policyuk_UA
dc.subjectmacroeconomic model of budgetary sectoruk_UA
dc.subjectsimultaneous equation modellinguk_UA
dc.subjecteconomic developmentuk_UA
dc.subjecttransition economiesuk_UA
dc.subjectUkraineuk_UA
dc.subjectфіскальна політикаuk_UA
dc.subjectекономічний розвитокuk_UA
dc.titleImpact Of Fiscal Policy On Economic Development In Ukraineuk_UA
dc.typeArticleuk_UA
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