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Budget Policy and its Influence upon the Economic Development of a Region: Theoretical Aspects

  • Voznyak Galyna V.

    ()

    (Institute of Regional Researches NAS of Ukraine)

Registered author(s):

    The article analyses and systemises scientific approaches to definition of the "budget policy" notion. It offers and justifies the conceptual author's vision of the budget policy of a region. It provides a characteristic of structural elements of the budget policy of a region and possible ways of influence. It offers classification of types of the budget policy. The study helped to establish specific features and contradictions of influence of the budget policy upon economic development of a region. The article justifies absence of a common opinion in issues of respective volumes of state expenditures on economic development. It offers to conduct studies with consideration of both positive and negative consequences of influence of the budget policy upon economic development.

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    File URL: http://www.business-inform.net/pdf/2013/9_0/25_32.pdf
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    Article 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): 9 ()
    Pages: 25_32

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    Handle: RePEc:idp:bizinf:y:2013:i:9:p:25_32
    Contact details of provider: Web page: http://www.business-inform.net

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    1. Devarajan, Shantayanan & Swaroop, Vinaya & Heng-fu, Zou, 1996. "The composition of public expenditure and economic growth," Journal of Monetary Economics, Elsevier, vol. 37(2-3), pages 313-344, April.
    2. David Aschauer, 1988. "Is public expenditure productive?," Staff Memoranda 88-7, Federal Reserve Bank of Chicago.
    3. Agell, J. & Lindh, T. & Ohlsson, H., 1999. "Growth and the Public Sector: a Reply," Papers 1999:1, Uppsala - Working Paper Series.
    4. David E. Bloom & David Canning & Jaypee Sevilla, 2001. "The Effect of Health on Economic Growth: Theory and Evidence," NBER Working Papers 8587, National Bureau of Economic Research, Inc.
    5. Afonso, António & Schuknecht, Ludger & Tanzi, Vito, 2003. "Public sector efficiency: an international comparison," Working Paper Series 0242, European Central Bank.
    6. Michael Bleaney & Norman Gemmell & Richard Kneller, 2001. "Testing the endogenous growth model: public expenditure, taxation, and growth over the long run," Canadian Journal of Economics, Canadian Economics Association, vol. 34(1), pages 36-57, February.
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