Econometric Modeling of Post-War Tax and Debt Finances of Ukraine
Анотація
The expediency of changing the vectors of modeling the state’s financial activity in the field of public finance from the formation of fiscal strategies to the search for effective sources of covering the state’s budget expenditures has been determined. The optimal use of the potential of tax and loan finance for the financial support of the performance of state functions and the maximum growth of GDP is substantiated. Based on the econometric model, built on the platform of using the industrial and institutional function, the establishment of points of economic efficiency and fiscal sufficiency in determining the level of tax burden for business is outlined. It is proposed to take into account indicators of economically feasible state borrowing in the context of creating a favorable tax environment for the manifestation of entrepreneurial initiative when determining the amount of socially necessary expenditures of the consolidated budget.
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