Published August 30, 2019 | Version v1
Journal article Open

The key aspects of the quantitative approach to forecasting program-targeted budgeting in budget funds management.

Description

Тhe article identifies and systematizes the key aspects of the quantitative approach to forecasting program-targeted budgeting in budget funds management, the hallmark of which is the use of quantitative forecasting and causal modeling methods, which allows at least, minimize or completely eliminate the inconsistency and uncertainty of economic development priorities. According to the results of the analysis, it is recommended, when forecasting program-targeted budgeting in budgetary funds management, as the basis for optimizing financial decentralization, to introduce quantitative methods such as time series analysis (identifying past trends and continuing in the future) and causal or causal modeling (attempt to predict situation by examining the statistical relationship between various factors), if there is reason to believe that activity in the past a definite trend that can continue.

Files

65.pdf

Files (703.3 kB)

Name Size Download all
md5:825d32df5796942a937698078fc2399d
703.3 kB Preview Download

Additional details

References

  • 1. Vakhnenko, T.P. (2018). The financial crisis in the country: factors, mechanisms of action, measures to overcome. Finansy Ukrainy, № 10 (155), 13-21 [in Ukrainian].
  • 2. Demianyshyn, V.H. (2017). Theoretical conceptualisation of the state budget. Aktualni problemy ekonomiky, № 9, 3-11 [in Ukrainian].
  • 3. Demianyshyn, V.H. (2017). The budget mechanism of the state: the nature and role in the regulation of socio-economic processes. Formuvannia rynkovykh vidnosyn v Ukraini, № 11 (78), 3-11 [in Ukrainian].
  • 4. Zapatrina, I. (2017). Development budget in the context of economic growth. Ekonomika i prohnozuvannia, № 3, 43-55 [in Ukrainian].
  • 5. Yepifanov, A.О., Diakonova, I.I. & Salo, I.V. (2016). The budget is the main link in state finance. Sumy: DVNZ "UABS NBU" [inUkrainian].
  • 6. Kulinska, A.V. (2016).Management of financial security components of the national economy of Ukraine: concept and methodology. Odesa: FOP Bondarenko M.O. [in Ukrainian].
  • 7. Liutyi, I.О. & Demydenko L.M. (2018). Formation of fiscal policy of economic growth. Finansy Ukrainy, № 10, 13-19 [in Ukrainian].
  • 8. Liutyi, I.O., Demydenko, L.M. & Subbotovych, Yu.L. Budget policy and stability of socio-economic development of Ukraine. Finansy Ukrainy, № 10, 3-12 [in Ukrainian].
  • 9. Pavliuk, K.V. (2016). The budget and budge tprocess in the conditions of the transitive economy of Ukraine. K.: NDFI [in Ukrainian].
  • 10. Pasichnyk, Yu. (2014). Budget growth potential in the country. Donetsk: Yuho-Vostok LTD [inUkrainian].
  • 11. Chuhunov, I.Р., Lupenko, Yu.O. & Kostina, N.I. Budgetary mechanism of development regulation. K.: NIOS [in Ukrainian].