Modelling Influence of Fiscal Policy upon Economic Development
AbstractThe 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.
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Bibliographic InfoArticle provided by RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE), Kharkiv National University of Economics in its journal Business Inform.
Volume (Year): (2013)
Issue (Month): 10 ()
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Web page: http://www.business-inform.net
fiscal policy; economic development; state regulation; fiscal load;
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