ASSESSING THE MULTIPLYING EFFECT OF TARGET FINANCE EXPENSES OF HOUSEHOLDS
https://doi.org/10.21686/2413-2829-2016-2-130-139
Abstract
Russian economy is in a deep crisis now caused by reduction in aggregate demand, which depends on many reasons, the main is plunging customer demand provoked by high inflation rate. Due to this academics and industrialists propose different steps aimed at increasing customer demand, for instance introduction of food ration cards for low-income people. The article for the first time provides a quantitative estimation of economic effect of introducing food ration cards for low-income people which was proposed by the Ministry of Industry and Trade RF. For this purpose a hypothetic state program of additional support for low-income groups for 2017-2030 was analyzed. P1-4 model showed that additional costs of the consolidated budget at the end of 2017 would cover initial expenses for ration cards by 48%. The article includes charts of GDP dynamics, the share of remuneration in output and the table of quantitative estimations.
About the Authors
Valeriy I. Antipov
Trapeznikov Institute of Management Problems of the Russian Academy of Science
Russian Federation
Russian Federation
PhD, Senior Researcher of the Trapeznikov Institute of Management Problems of the Russian Academy of Science
65 Profsoyuznaya Str., Moscow, 117997, Russian Federation
Igor B. Kolmakov
Plekhanov Russian University of Economics
Russian Federation
Russian Federation
Doctor of Economics, Professor of the Department for Information Science of the PRUE
36 Stremyanny Lane, Moscow, 117997, Russian Federation
References
1. Antipov V. I. Makroekonomika Rossii. Formal'noe opisanie. Modeli. Sistema upravleniya, monografiya [Macro-Economics in Russia. Formal Description. Models. Management System, monograph]. Moscow, LAP LAMBERT Academic Pablishing, 2011. (In Russ.).
2. Antipov V. I. Problemy modelirovaniya real'noy ekonomiki [Issues of real Economy Modeling]. Vestnik Universiteta [University Bulletin], 2013, No. 16, 2013, pp. 126– 133. (In Russ.).
3. Antipov V. I., Pashchenko F. F. Material'nyy aspekt vosproizvodstva valovogo vnutrennego produkta Rossii [Material Aspect of Reproduction of GDP in Russia]. Moscow, Academic Book, 2008. (In Russ.).
4. Keins G. M. Izbrannye proizvedeniya [Selected Works], translated from English, Introduction, Comments, Compilation by A. G. Khudokormov. Moscow, Ekonomika, 1993. (In Russ.).
5. Clark J. M. The Economics of Planning Public Works. Washington, 1935.
6. Kahn R. F. The Relation of Home Investment to Unemployment. The Economic Journal, 1931, June.
Review
For citations:
Antipov V.I., Kolmakov I.B. ASSESSING THE MULTIPLYING EFFECT OF TARGET FINANCE EXPENSES OF HOUSEHOLDS. Vestnik of the Plekhanov Russian University of Economics. 2016;(2):130-139. (In Russ.) https://doi.org/10.21686/2413-2829-2016-2-130-139
Views:
381
Email this article 