Framing public financial policy

Stetsyunich, Yulia; Busheneva, Yulia; Zaytsev, Andrey

doi:10.1145/3372177.3373289

Cited by 8 publications

(3 citation statements)

References 23 publications

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“…Ytheor=22814×e 0,0039 ×X7 + 925.1×e×0.04X8+3165.1×X9×0.2688 (1) According to this equation, the GDP per capita of the EU member countries depends on the proportion of the population using the Internet and the international trade of ICT services. The determination coefficient is equal to 52%.…”

Section: Resultsmentioning

confidence: 99%

“…It also has a positive effect on the efficiency of processing industries. In case the volume of investment is sufficient, digitalization becomes an essential factor of economic growth [1]. Today, digitalization is a priority area for the development of innovation processes in the world's countries as it ensures national and economic competitiveness.…”

Section: Introductionmentioning

confidence: 99%

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Influence of the level of development of the digital environment on the trend of gross domestic product in the countries of the European Union

et al. 2020

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The paper characterizes the specifics of the impact of digitalization processes on such an indicator as GDP per capita: case study of the European Union countries. The literature dedicated to the matters of the relationship between digitalization and economic growth is reviewed. Based on the statistical data, a regression model is built to determine the dependencies between the GDP of European Union member countries and the economic digitalization indicators. An equation formed in the research can be used to demonstrate the dependence between GDP per capita and the accessibility of information and communications technology and its usage by organizations, households, and private persons in the territory of the European Union. According to the result obtained, the following possible options were formulated for the development of the European Union economies concerning digitalization: stimulating the introduction of information and communications technology in enterprises (including tax incentives for the firms involved in entrepreneurial digital development, as well as growing investments in the existing assets), households (increasing trust of the population in digital products; increasing human capital, which is highly demanded by the digital economy; prospects of the electronic postal trade system); focus on the export of high-tech products.

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Section: Resultsmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Influence of the level of development of the digital environment on the trend of gross domestic product in the countries of the European Union

et al. 2020

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“…The results of one research study show that climate change will increase the frequency of bank crises (26-28%), and saving insolvent banks will cause an additional strain in the amount of about 5-15% of GDP per year and double the GDP to national debt ratio. At the same time financial regulation may play a role in mitigating the effects of climate change [45,46]. Thus, the analysis of literary sources has shown a large number of works raising the problem of the influence of various factors on climate change and, as a consequence, on the world economic system.…”

Section: Literature Reviewmentioning

confidence: 99%

Modelling the cyclic influence of climate change on the world economic system

et al. 2020

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Global climate change has become one of the central problems of the world economy over last decades. Its impact on the economy forces it to adapt to the new conditions. Increasing carbon dioxide (CO2) emissions, resulting in the greenhouse effect, depletion of natural resources, pollutions and health problems directly caused by achievements of the industrial revolution have been catastrophic for the environment. The object of the research in this work is the world economic system. The aim of the research is to analyze the factors affecting climate change and to produce recommendations for preventing the negative impact of human economic activity on the world economic system. As a result of the research, four basic econometric models have been built: 1) dependence of temperature change on CO2 emissions; 2) dependence of the number of disasters on temperature change; 3) dependence of the world GDP on the number of disasters; 4) dependence of CO2 emissions on GDP. According to the results of econometric research, this study obtained working conceptual model, which describes cyclic influence of the four interrelated factors, forming a closed system. Thus, the work proves that there is a cyclic relationship between climate change and the state of the world economy.

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