State Regulation of Fixed Capital Reproduction in Ukraine Using Taxonomic Analysis Methodology

Senyshyn Oksana (), Kundytskyj Oleksandr (), Zamroz Marianna (), Kutsyk Petro () and Vasyunyk Taras ()
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Senyshyn Oksana: Doctor of Economic Science, Professor, Ivan Franko National University of Lviv. Address: Krupyarska St., 9, 79014, Lviv, Ukraine. Tel. +380 96 967 18 47.
Kundytskyj Oleksandr: Doctor of Economic Science, Professor, Ivan Franko National University of Lviv. Address: Ivasyuka St., 10, 79017, Lviv, Ukraine. Tel. +380 67 733 23 94.
Zamroz Marianna: Ph.D., Associate Professor, Ivan Franko National University of Lviv. Address: Proroka Illi St., 14, 80560, Lviv region, Krasne village, Ukraine. Tel. +380 97 267 27 07.
Kutsyk Petro: Doctor of Economic Science, Professor, Lviv University of Trade and Economics. Address: Rubchaka St., 5, 79026, Lviv, Ukraine. Tel. +380 67 670 83 65.
Vasyunyk Taras: Postgraduated student, Lviv University of Trade and Economics. Address: Ogiyenka St., 6a, 79007, Lviv, Ukraine. Tel. +380 67 733 23 94.

Management Theory and Studies for Rural Business and Infrastructure Development, 2021, vol. 43, issue 1, 38-51

Abstract: This scientific article is concentrated on the issues of evaluation of effectiveness of state regulation of the fixed capital reproduction in Ukraine using the methodology of taxonomic analysis. The study of modern economic literature has shown that scientists-economists have studied and explained numerous indices that allow evaluate the present day state of reproduction of the fixed capital. The authors propose their own approach to evaluation of effectiveness of state regulation of the fixed capital reproduction through the prism of the fixed capital reproduction process. That is, the authors made a detailed description of specific indices of effectiveness at certain stages of the process of reproduction of the fixed capital, which is presented in the summary table. Comprehensive effectiveness of state regulation of the fixed capital reproduction is determined using an integrated index that characterizes effectiveness of state regulation of the fixed capital reproduction using the method of taxonomic analysis applied for multidimensional economic concepts that are described by a considerable number of indices. Calculations proved instability of the taxonomic indices during the study period which, according to the authors, indicates a decline in the efficiency of reproduction processes connected with reproduction of the fixed capital in Ukraine.

Keywords: fixed capital; integrated taxonomic index; reproduction effectiveness; reproduction of fixed capital; state regulation; taxonomic analysis (search for similar items in EconPapers)
JEL-codes: C02 M48 (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:mtrbid:v:43:y:2021:i:1:p:38-51:n:12

DOI: 10.15544/mts.2021.04

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