IDEAS home Printed from https://ideas.repec.org/a/baq/jetart/v1y2021i13p26-34.html
   My bibliography  Save this article

Estimation of state financial support for non-priority territorial units using the example of bridge construction

Author

Listed:
  • Iaroslava Levchenko

    (Kharkiv National Automobile and Highway University)

  • Igor Britchenko

    (State Higher Vocational School Memorial of Prof. Stanislaw Tarnowski)

Abstract

The article discloses the problem of distributing state financial support based on an integrated approach. The study has proved the urgency and necessity of state support for the lowest priority territorial units (regions). It answers the research question of what components need to be included in the methodology for determining state financial support. A comprehensive method for estimating the share of public funds is proposed, taking into account the investment attractiveness of a region (oblast) and the risk of the corresponding region (oblast). To achieve this goal, the following general scientific and special methods and research techniques were used in the work, such as comparative analysis of scientific literature and information sources based on methods of comparison, systematization, and generalization; generalization of the analysis results, as well as logical generation of conclusions and integral assessment. Since the problem of financing the construction and reconstruction of bridges is relevant for a number of countries, this technique was tested using an example of bridge construction. According to the obtained results, territorial units (regions) that are not leaders in priority for the investor and have a high level of riskiness of investing financial resources become eligible for state financial support. The problem of financing such regions can be solved only through state support. The results of calculations show that the distribution of financial resources with the available volume of public finances K=1 allocated for support is carried out proportionally. An integrated approach made it possible to identify 10 territorial units (oblasts) for funding, with the oblasts with the worst priority factors receiving the largest share of state financial support. This study is of practical interest to government agencies in the distribution of public funds, and it is of theoretical importance to researchers dealing with issues of financial security and public administration

Suggested Citation

  • Iaroslava Levchenko & Igor Britchenko, 2021. "Estimation of state financial support for non-priority territorial units using the example of bridge construction," Eastern-European Journal of Enterprise Technologies, PC TECHNOLOGY CENTER, vol. 1(13(109)), pages 26-34, February.
  • Handle: RePEc:baq:jetart:v:1:y:2021:i:13:p:26-34
    DOI: 10.15587/1729-4061.2021.225524
    as

    Download full text from publisher

    File URL: https://journals.uran.ua/eejet/article/view/225524/225570
    Download Restriction: no

    File URL: https://libkey.io/10.15587/1729-4061.2021.225524?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:baq:jetart:v:1:y:2021:i:13:p:26-34. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Iryna Prudius (email available below). General contact details of provider: https://journals.uran.ua/eejet/issue/archive .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.