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Expert Analysis And Impact Assessment Of The Construction Sector Enterprises On The Economy: The Experience Of Ukraine

Author

Listed:
  • Mykhailo LUCHKO

    (Doctor of Economic Sciences, professor;Ternopil National Economic University, Ukraine)

  • Stanisław SZMITKA

    (Associate professor of University in Olsztyn, Poland)

  • Yuriy PYNDA

    (Associate professor of Lviv University of Business and Law, Ukraine)

  • Lyudmyla KUTS

    (Associate professor of Ternopil National Economic University, Ukraine)

Abstract

The aim of the article is to establish the impact of construction sector enterprises on the economy. Using dynamic cross-sectional balance regression, it is determined that gross domestic product, the level of budget revenue, volume of capital investment, the level of employment, the coefficient of coverage of imports by exports and volume of innovative realized products depend on the development of the of enterprises in the construction sector. The model of social and economic participation of the construction sector in the economic system of the country is developed, which on the basis of dynamic cross-sectional balance regression allows to determine ranges of values of influence of the main indicators of functioning of the enterprises of the construction sector on the gross domestic product; the level of budget revenues; volume of capital investments; employment rate; coefficient of coverage of imports by exports.

Suggested Citation

  • Mykhailo LUCHKO & Stanisław SZMITKA & Yuriy PYNDA & Lyudmyla KUTS, 2020. "Expert Analysis And Impact Assessment Of The Construction Sector Enterprises On The Economy: The Experience Of Ukraine," Regional Science Inquiry, Hellenic Association of Regional Scientists, vol. 0(2), pages 133-144, June.
  • Handle: RePEc:hrs:journl:v:xii:y:2020:i:2:p:133-144
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    File URL: http://www.rsijournal.eu/ARTICLES/December_2020/10.pdf
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    References listed on IDEAS

    as
    1. Mykhailo Luchko & Oksana Arzamasova & Iryna Vovk, 2019. "Personnel Potential of National Economy and Gross Domestic Product - The Case of Ukraine," Montenegrin Journal of Economics, Economic Laboratory for Transition Research (ELIT), vol. 15(2), pages 59-70.
    2. Ryan Fan & S. Thomas Ng & James Wong, 2010. "Reliability of the Box-Jenkins model for forecasting construction demand covering times of economic austerity," Construction Management and Economics, Taylor & Francis Journals, vol. 28(3), pages 241-254.
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    Cited by:

    1. Leonida Correia & Maria Joao Ribeiro, 2023. "Macroeconomics and the Construction Sector: Evidence from Portugal," Athens Journal of Business & Economics, Athens Institute for Education and Research (ATINER), vol. 9(1), pages 9-26, January.

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    More about this item

    Keywords

    enterprises of construction sector; construction; impact; economy; development; dynamic cross-sectional balance regression.;
    All these keywords.

    JEL classification:

    • L74 - Industrial Organization - - Industry Studies: Primary Products and Construction - - - Construction
    • C61 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Optimization Techniques; Programming Models; Dynamic Analysis
    • D60 - Microeconomics - - Welfare Economics - - - General
    • E23 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Production

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