Analysis of the efficiency of levers in the context of implementation of the state regulatory policy

Economic Annals-ХХI: Volume 165, Issue 5-6, Pages: 41-46

Citation information:
Gavkalova, N., Kolupaieva, I., & Barka, Z. M. (2017). Analysis of the efficiency of levers in the context of implementation of the state regulatory policy. Economic Annals-XXI, 165(5-6), 41-46. doi: https://doi.org/10.21003/ea.V165-09


Nataliia Gavkalova
D.Sc. (Economics),
Professor,
Simon Kuznets Kharkіv National University of Economics
9-A Nauky Ave., Kharkiv, 61166, Ukraine
gavkalova@gmail.com
ORCID ID: http://orcid.org/0000-0003-1208-9607

Irina Kolupaieva
PhD (Economics),
Associate Professor,
Kharkiv Institute of Trade and Economics of Kyiv National University of Trade and Economics
8 Otakar Yarosh Str, Kharkiv, 61002, Ukraine
irina.kolupaieva@gmail.com
ORCID ID: http://orcid.org/0000-0003-1256-0817

Zine M. Barka
PhD (Economics),
Professor,
Head, Economics Research Group Public Finance Labaratory,
Faculty of Economics, Business and Management Sciences,
Abou Bakr Belkaïd University of Tlemcen
B.P. 226, Tlemcen, 13000, Algeria
zine.barka@gmail.com
ORCID ID: http://orcid.org/0000-0002-3028-2366

Analysis of the efficiency of levers in the context of implementation of the state regulatory policy

Abstract. The paper presents a methodical approach to analysing the efficiency of regulatory policy levers. The authors of the article have conducted analyses of the integrated index of socio-economic development and the indicators of financial credit and monetary levers. The regression models that reflect the nature of the relations between regulatory policy levers and the integrated indicator of socio-economic development of the country have been developed, namely, the dependence of the integrated index of socio-economic development on the financial-credit and monetary levers of Ukraine in the period between 2009 and 2016. The results of the research have proved that the cumulative impact of levers creates conditions for the environment in which the state must take measures in order to ensure effective implementation of its regulatory policy.

Keywords: Regulatory Policy Levers; Efficiency of Levers; Taxonomic Analysis; Integrated Indices; Regression Model

JEL Classification: B49; C10; H11; L51

DOI: https://doi.org/10.21003/ea.V165-09

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Received 5.06.2017