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Název: Modeling the Impact of Investment on Population Welfar
Další názvy: Modeling the Impact of Investment on Population Welfar
Autoři: Nataliya, Harmatiy
Bibliographic description (Ukraine): Typesetting Pavel Haluza First edition ISBN 978-80-7509-749-1 Proceedings were published by Mendel University Press
Bibliographic description (International): Typesetting Pavel Haluza First edition ISBN 978-80-7509-749-1 Proceedings were published by Mendel University Press
Datum vydání: 26-lis-2020
Submitted date: říj-2020
Date of entry: 22-pro-2020
Nakladatel: Typesetting Pavel Haluza First edition ISBN 978-80-7509-749-1 Proceedings were published by Mendel University Press
Country (code): CZ
Place of the edition/event: Mendel University in Brno, as the 24th annual conference.
Klíčová slova: Improving of investment capital that flows into country’s economy is transformed into productive or innovative capital and has a significant impact on improving the purchasing power of the population. Banerjee’sresearch(BanerjeeandDuflo,2011)states the need to invest in the development of education and science to overcome poverty in the world. As a resultoftheseresearches,fivemillionIndianchildren have benefited from effective corrective educational programs at schools. That is, investments flowing into the economies of countries should be directed in innovative educational programs. However, the search for new ways to support and develop the economy is taking place at a time when many countries are experiencing stagnation, reduction of production and innovation activities financing.
Abstrakt: Improving of investment capital that flows into country’s economy is transformed into productive or innovative capital and has a significant impact on improving the purchasing power of the population. Banerjee’sresearch(BanerjeeandDuflo,2011)states the need to invest in the development of education and science to overcome poverty in the world. As a resultoftheseresearches,fivemillionIndianchildren have benefited from effective corrective educational programs at schools. That is, investments flowing into the economies of countries should be directed in innovative educational programs. However, the search for new ways to support and develop the economy is taking place at a time when many countries are experiencing stagnation, reduction of production and innovation activities financing
Popis: The purpose of this article is to develop a model for investigating the impact of direct investment on the population welfare of Ukraine. The basis for analysis and modeling was the neoclassical model of exogenous economic growth of R. Solow (1956), assessment and consumption, poverty and welfare modeling of A. Deaton (2001), economic research of A. Banerjee, E. Duflo (2019). The materials of official analytical reports of the State Statistics Service of Ukraine were used in the work. The statistical data of direct foreign investment, average monthly salary of inhabitants of Ukraine for the period of 2009–2019 were analyzed, thecorrelationinfluenceoftheseindicatorswasinvestigated. The correlation effect of direct investments ontheaveragemonthlydisposableincomepercapita in Ukraine was studied. This indicator was 0.73, whichsignifiedacloseanddirectcorrelationbetween the selected factors. A theoretical economic and mathematical model was developed that gives the ability to investigate the impact of direct investment on the correlation effects of income and consumer purchasing power. This model is dynamic in terms of time.
URI: http://elartu.tntu.edu.ua/handle/lib/33293
ISBN: ISBN 978-80-7509-749-1
Copyright owner: Гарматій Н.М.;
References (Ukraine): Banerjee, Abhijit V. and Duflo, E. (2011). Poor Economics: A Radical Rethinking of the Way to Fight Global Poverty. New York: PublicAffairs. Banerjee, Abhijit V. and Duflo, E. (2019). Good Economics for Hard Times: Better Answers to Our Biggest Problems, 416 p. Deaton, A. (2001). Health, inequality and economic development. Cambridge Mass.: NBER Editions, 71 p. Foreign direct investment. Ministry of Finance of Ukraine. Source: https: //index.minfin.com.ua/ua/economy/fdi/2019/ Solow R.M. (1956). A Contribution to the Theory of Economic Growth. The Quarterly Journal of Economics, vol. 70, No 1., pp. 65–94. State Statistics Service of Ukraine. Source: http://www.ukrstat.gov.ua.
References (International): Banerjee, Abhijit V. and Duflo, E. (2011). Poor Economics: A Radical Rethinking of the Way to Fight Global Poverty. New York: PublicAffairs. Banerjee, Abhijit V. and Duflo, E. (2019). Good Economics for Hard Times: Better Answers to Our Biggest Problems, 416 p. Deaton, A. (2001). Health, inequality and economic development. Cambridge Mass.: NBER Editions, 71 p. Foreign direct investment. Ministry of Finance of Ukraine. Source: https: //index.minfin.com.ua/ua/economy/fdi/2019/ Solow R.M. (1956). A Contribution to the Theory of Economic Growth. The Quarterly Journal of Economics, vol. 70, No 1., pp. 65–94. State Statistics Service of Ukraine. Source: http://www.ukrstat.gov.ua.
Content type: Conference Abstract
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