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Assessment of the impact of gross budget expenditures on Ukraine's rates of economic growth

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Abstract

The article presents a chronological retrospective of the public sector in connection with the overall economic development on the example of several countries. The author reveals the reason of the aggravation of the institutional structure misbalance, in particular, the decrease of the real sector's share in GDP as a result of the negative impact of the government spending in Ukraine in 2005-2011. He analyzes the impact of the total value of government spending on the GDP dynamics in Ukraine (by means of econometric and parametric modeling), and determines the critical margin of the government spending (including net credits) beyond which the economic grows stops.

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  • S. Shvets, 2012. "Assessment of the impact of gross budget expenditures on Ukraine's rates of economic growth," Economy and Forecasting, Valeriy Heyets, issue 2, pages 35-46.
    • Handle: RePEc:eip:journl:y:2012:i:2:p:35-46
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    File URL: http://eip.org.ua/docs/EP_12_2_35_uk.pdf
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