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

Senyshyn, Oksana; Kundytskyj, Oleksandr; Zamroz, Marianna; Kutsyk, Petro; Vasyunyk, Taras

doi:10.15544/mts.2021.04

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.

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

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