Heterogeneity of Unobserved Processes as Estimation Criterion of Economic Situation

Volodymyr Semtsov ()
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Volodymyr Semtsov: Vinnitsa Institute of Economics of Ternopil National Economic University

Oblik i finansi, 2015, issue 1, 100-107

Abstract: The article considers unobserved economic processes in Ukraine. Purpose of the study is to show, taking agrarian sphere as example, present-day socioeconomic threats from unobserved economic processes and to give description of ideological basis for policy of domestic economy deregulation on these ground. On the basis of empiric data array the main factors are determined which influence the development of unobserved economy; attention is focused on institutional component of unobserved processes. The main types of economic behaviour of domestic market agents are identified. Today's financial conflicts are considered arising between the levels of budget system. Attention is drawn to the problems of control over government procurement. Flaws are detected in state regulation of business activities and ways are substantiated to improve it. Trends are suggested for economy unshadowing. To author's opinion, the core of the measures for reduction and/or liquidation of negative effect of unobserved processes on stable economic development should consist in implementation of effective state monitoring system in view of features of economy branches, and heavier responsibility for economic offences.

Keywords: unobserved processes; economy; institute; taxes; state regulation; economic behaviour (search for similar items in EconPapers)
JEL-codes: D00 H30 (search for similar items in EconPapers)
Date: 2015
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