Title Estimation of efficiency of state regulation in economic restructuring based on the environmental factor /
Authors Karintseva, Oleksandra ; BenetytÄ—, Raminta
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Is Part of SocioEconomic challenges (SEC).. Sumy : ARMG Publishing. 2018, vol. 2, iss. 1, p. 91-102.. ISSN 2520-6621. eISSN 2520-6214
Keywords [eng] effectiveness ; state regulation ; economic restructuring ; environmental factor
Abstract [eng] This article has improved the approach for assessing the level of effectiveness of state regulation in the process of economic restructuring, considering its environmental factor. The proposed approach is based on the adaptation of the Kubin and Stern models by constructing a nonlinear econometric model of the dependence of expenditures logarithm on the implementation of reforms (considering the environmental factor) from the integral indicators: Dynamic shifts, Inclusiveness, Sustainable Development, Adjustment and Worldwide Governance Indicator (WGI). The WGI Kaufman and Krau Index is calculated on the basis of the application of the UCM approach as a general characteristic of the following components: publicity and accountability; political stability and lack of pressure, the effectiveness of the government; quality of regulation, the rule of law, control over corruption.
Published Sumy : ARMG Publishing
Type Journal article
Language English
Publication date 2018