Abstract
State budget revenue optimization using the simplex method
Highlights
The generation of state budget revenues significantly differs across countries, which is due to the peculiarities of structuring the financial system, the place and role of public finance in economic development
On the one hand, determining the optimal state budget revenue structure is directly related to the structure of the country’s GDP by type of economic activity, since their ratio largely determines the structure of tax and non-tax revenues
To build an optimization model, it was necessary to calculate the integrated indicator of structural changes in Ukraine’s GDP, which is taken as a dependent variable of the model
Summary
The generation of state budget revenues significantly differs across countries, which is due to the peculiarities of structuring the financial system, the place and role of public finance in economic development. The existing single economic space of the European Union did not become the basis for common approaches to the implementation of fiscal and budgetary policies of the member states, which determine the state of filling government budgets. For Ukraine, as well as for EU countries, in the face of current challenges and a significant burden on state budgets due to increased health care costs, support for economic activity and vulnerable social groups under the influence of the pandemic, the issue of optimizing state budget revenues is extremely important and requires new methods of balancing the revenues. The purpose of this article is to determine the optimal structure of state budget revenues, taking into account the practice of forming state revenues in the EU
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