Scientific and practical journal
Regional Economy

Regional Economy -- Year 2016, Issue 4(82)

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Repository of Institute of Regional Research UDC 339.56(477+470+571); JEL F10
Shevchuk, V. V., & Yakym, O. B. (2016). Ukrayins'ko-rosiys'ka torhivlya: empirychni otsinky [Determinants of the Ukrainian-Russian foreign trade]. Rehional'na ekonomika - Regional Economy, 82(4), 137-144. [in Ukrainian].

Sources: 19

Determinants of the mutual trade between Ukraine and Russia and its effects on GDP growth in the former are estimated, with the use of quarterly data for the 2000-2016 period. Our results provide evidence that demand for imports from Russia is not dependent on Ukraine’s output, while being stimulated by Ukraine’s exports to Russia and a decrease in the energy prices. It is found that Ukraine’s exports to Russia are increased in line with economic growth in both countries and higher world crude oil prices. As expected, exports to Russia contribute to GDP growth in Ukraine, while imports from Russia are restrictionary.
Devaluation of the hryvna is a factor behind a decrease in both Ukraine’s output and imports from Russia, while there is no an expected expansion of exports to Russia. At the same time, there is a direct link between Ukraine’s exports to Russia and world prices for crude oil. As more expensive crude oil contributes to a decrease in Ukraine’s imports from Russia, an improvement in the bilateral trade balance is expected, but the crude oil prices seem to be neutrality in respect to GDP growth.
Ukraine’s accession to WTO has contributed to imports from Russia, but entering of WTO by Russia has had an opposite effect upon Ukraine’s exports to Russia. Our results do not support a hypothesis by many Russian researchers that Ukraine’s accession to WTO had an inferior effect upon country’s exports to Russia. It is likely that Russia’s accession to WTO initiated either an import substitution away from Ukrainian goods or reallocation of investment activities to Ukraine, for instance, in sectors that have been most affected by stronger foreign competition (agricultural and construction machine-building, energy equipment, electronics).
Also, there is no support to another assumption by Russian authors that a build-up of banking credit financed by cheaper foreign loans in the way of WTO-imposed trade liberalization in trade in services had contributed to demand for imports from Russia. Also, it is confirmed that foreign borrowings by commercial banks do stimulate Ukraine’s economic growth. 
Ukraine, Russia, foreign trade, economic growth 

Economics and Business Management

Repository of Institute of Regional Research UDC 336.221; JEL H21, H25, R30
Alieksieiev, I. V., Paranchuk, S. V., Chervinska, O. S., & Synyutka, N. H. (2016). Upravlinnya podatkovym navantazhennyam pidpryyemstv [Management of enterprises’ tax burden]. Rehional'na ekonomika - Regional Economy, 82(4), 145-152. [in Ukrainian].

Sources: 14

The essence of term «tax burden» is justified and its impact on the domestic economy is evaluated. The fact that the state tax policy in Ukraine is mainly focused on the maximum use of fiscal functions is proved. Imperfect tax legislation does not provide favorable conditions for the enterprises and creates excessive tax burden for them.
The author’s own interpretation of the tax burden is formulated. So the tax burden should be understood as the total amount of taxes, fees, charges paid by the entity to budgets and trust funds. The level of tax burden and its value for some taxes at the micro level (local companies) are generalized. An integral indicator of the tax burden of enterprises is offered. It can be considered as the object of taxation management because it reflects the share of tax in relation to the net profit of the company, as well as measures to optimize the tax burden to stimulate local entrepreneurship entities. The local (micro and macro-economic) activities for optimization are determined. The tax burden of enterprises of European countries and the main directions of tax planning on the basis of international experience are outlined.
The main directions of improvement of the tax burden management in Ukraine in the context of further development prospects and European integration are proposed. 
taxation, tax burden, tax planning, tax burden optimization, tax benefit 

Repository of Institute of Regional Research UDC 65.014.1+655.5; JEL R1, М10
Lazanovskyy, P. P., & Hirnyak, O. M. (2016). Problemy upravlinnya vydavnychoyu diyal'nistyu na rehional'nomu rivni [Problems of publishing activity management at regional level]. Rehional'na ekonomika - Regional Economy, 82(4), 153-159. [in Ukrainian].

Sources: 10

In the scientific article the problem of modern publishing activity management at the regional level is considered. Its purpose is to assess the state of the current management system, the analysis of its results in the last few years and develop a set of measures for its improvement. The study was carried out using the methods of economic and statistical comparison, analysis and synthesis, generalizations. The result of the study highlighted the need to distinguish the publishing activity as separate structural component of publishing business and to develop specific measures to control it. The relevance of the problem is supported by the analysis of some indicators of publishing activity in Ukrainian regions, which tend to decrease.
The analysis of activity of regional authorities in the sphere of publishing business management showed that it is currently inefficient. Their plans include the measures for the development of book publishing and cover publishing business generally therefore mostly do not reflect changes in publishing activity. Poor attention is paid to newspapers and magazines production management and its other types.
As the result the study suggests the ways to improve the management of publishing activity at the regional level. In general, they cover copyright environment and publishing companies in the complex. In particular, they emphasize the support of the socially important publications, inclusive publications, personnel provision management and development of departmental publishing, studying the experience of other countries, amendments to legislation and more. Of course, these ways are not exhaustive, and further research into this problem stipulates expansion of their range and development of fundamental measures to improve the management of publishing at the regional level as a whole. 
publishing activity, publishing business, region, publishing production, analysis, management 

Repository of Institute of Regional Research UDC 332.13:334.78; JEL M3, M21, M29
Chornyy, R. S., & Tsyupak, V. P. (2016). Kontseptual'ni pidkhody do doslidzhennya prostorovoyi orhanizatsiyi pidpryyemnyts'koyi diyal'nosti [Conceptual approaches to the study of the spatial organization of business activity]. Rehional'na ekonomika - Regional Economy, 82(4), 160-166. [in Ukrainian].

Sources: 14

Theoretical and methodological basis of the study of the business activities spatial organization are systematized, for example the conceptual approaches to the study of such concepts as «territorial organization» and «spatial organization» of the economy, society, business and entrepreneurship; transformation of concepts and terminology systems of social life spatial organization is defined. Priority areas of study of effective organizational and institutional and economic mechanisms (tools, instruments) of business activity spatial regulations are reviewed. The range of issues for further study of the theoretical and methodological understanding of the scientific system that describes the spatial organization issues and interactions that influence spatial development processes at the macro, micro and global economic dynamics is outlined. 
space, territorial organization of the economy, spatial organization of business activities, spatial forms of business organization 


Repository of Institute of Regional Research Kalat, Ya. Ya. (2016). Transkordonne spivrobitnytstvo Ukrayiny: realiyi, perspektyvy rozvytku ta zavdannya ekonomichnoyi nauky [Cross-border cooperation of Ukraine: realities, development perspectives and tasks of economics]. Rehional'na ekonomika - Regional Economy, 82(4), 167-169. [in Ukrainian].


Repository of Institute of Regional Research Barna, M. Yu. (2016). Suchasni tendentsiyi innovatsiynoho rozvytku pidpryyemstv torhivli [Modern tendencies of trade enterprises’ innovative development]. Rehional'na ekonomika - Regional Economy, 82(4), 170-171. [in Ukrainian].

Repository of Institute of Regional Research Chernyuk, L. H. (2016). Konkurentospromozhnist' rehioniv Ukrayiny v yevrointehratsiynomu vymiri [Competitiveness of Ukraine's regions in the European integration dimension]. Rehional'na ekonomika - Regional Economy, 82(4), 171-172. [in Ukrainian].

Repository of Institute of Regional Research Pshyk, B. I. (2016). Teoretychni ta prykladni aspekty byudzhetnoyi polityky rozvytku rehioniv Ukrayiny [Theoretical and applied aspects of budget policy of Ukraine’s regions development]. Rehional'na ekonomika - Regional Economy, 82(4), 173-174. [in Ukrainian].


Repository of Institute of Regional Research (2016). Chlenu-korespondentu NAN Ukrayiny Miklovdi Vasylyu Petrovychu - 70 rokiv [70th anniversary of the corresponding member of the NAS of Ukraine Vasyl Petrovych Miklovda]. Rehional'na ekonomika - Regional Economy, 82(4), 175-176. [in Ukrainian].

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