The Fiscal Policy Impact on Indicators of the State’s Economic Growth

Abstract

The important role of fiscal policy in ensuring long-term economic growth of the country has been shown. The quantitative connection between fiscal policy impact and macroeconomic indicators has been established. The influence of VAT and CIT on GDP, government debt, unemployment and CPI dynamics has been analyzed during the long period of time. Regression equations of fiscal policy instruments and main macroeconomic indicators of Ukraine have been built.

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