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Modelling Influence of Fiscal Policy upon Economic Development

Author

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  • Aleksandrova Mariya M.

    (Kyiv National Economic University named after. V. Getman)

Abstract

The article characterises a macro-economic model, which describes dynamics of influence of fiscal load upon economic development of Ukraine. Parameters of the model are calculated on the basis of statistical data for 2000 - 2012. The article analyses fiscal load of Ukraine: its optimal level for economic development of the country is 19.29% of GDP. It assesses and compares calculations of the taxation load, traces its dynamics and compares results with analogous indicators of the developed countries of the world. It analyses prospects of application of the proposed approach for forecasting development of the national economy.

Suggested Citation

  • Aleksandrova Mariya M., 2013. "Modelling Influence of Fiscal Policy upon Economic Development," Business Inform, RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE), Kharkiv National University of Economics, issue 10, pages 29-34.
    • Handle: RePEc:idp:bizinf:y:2013:i:10:p:29_34
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