Abstract

The dependance between income per capita and investment to economy, salary, payment of pension and compensation, state bodies, education, health, social protection etc. as well as the expenditures on material and technical supply, establishment of fixed assets and its restoration have been determined. Then having solved the optimization problem with help of Lagranje multiple, the optimum distribution of budget expenditures among the proper expenditures items have been fixed. Optimal distribution have been defined both periods for 2001:Q1 - 2008:Q4 and 2001:Q1 - 2012:Q3 and comparative analyses have been determined. As a result of analysis it came to a conclusion that the budget policy of the state have been more social based since 2008. Because, the deviation of factual distribution from the calculated optimal distribution for 2001:Q1 - 2012:Q3 has been softened than that one for 2001:Q1 - 2008:Q4.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.