Scientific and practical journal
Regional Economy

Regional Economy -- Year 2019, Issue 3(93)

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Regional Policy and Territorial Development

Repository of Dolishniy Institute of Regional Research UDC 334.012.74:352:911.372.32; JEL H72, О18, R51
Melnyk, M. I., & Shchehlyuk, S. D. (2019). Mista oblasnoho znachennya u protsesi formuvannya ob’yednanykh terytorial'nykh hromad: osoblyvosti pryyednannya ta perspektyvy rozvytku [Cities of regional significance in the formation of amalgamated territorial communities: particularities of accession and prospects for development]. Rehional'na ekonomika - Regional Economy, 93 (3), 3-12. DOI: [in Ukrainian].

Sources: 16

Legal preconditions and current condition of forming of amalgamated territorial communities (ATCs) on the basis of the cities of oblast significance (COSs) are examined. Advantages of consolidation of adjoining rural (town) communities with the COSs in financial, spatial and institutional fields are assessed. The dynamics of demographic and territorial parameters of COSs before and after consolidation with rural and town communities is analyzed. The analysis verifies the fact that with consolidation of more territorial communities the area grows significantly and the number of population grows slightly due to concentration of population on the limited area of a city and substantial spatial resource of rural communities. Budget parameters of newly created ATCs on the basis of the cities of oblast significance by the criteria of financial capacity of amalgamated territorial communities is estimated. The higher level of development and tax capacity of territorial communities with the center in the city of oblast significance and some diversification of financial parameter among them are emphasized. The following financial results received for urban ATCs are characterized by high diversification: cost of managerial bodies’ maintenance, general fund income per capita, level of budgets’ subsidiarity. Additional parameters to adjust financial estimated data of the efficiency of urban ATCs’ activity are suggested. Special attention is paid to the fact that financial resource is the major additional resource obtained from consolidation with COS for a rural community and spatial – for a city. However, the importance of staff resources for both consolidation participants is somewhat undervalued. Substantial increase of the area contributes to activation of entrepreneurship and investment capacity of cities and improvement of spatial planning in the perspective, leading to post-industrial agglomeration, strengthening of spatial and institutional cohesion of population. 
cities of oblast significance, decentralization, intermunicipal cooperation, amalgamated territorial communities (the «ATCs»), agglomeration 

Repository of Dolishniy Institute of Regional Research UDC 332.10:911.375.3; JEL R58
Borshchevskyy, V. V. (2019). Ekonomika velykoho mista: strukturni transformatsiyi v epokhu hlobal'nykh zmin [Economy of a large city: structural transformations in the era of global changes]. Rehional'na ekonomika - Regional Economy, 93 (3), 13-23. DOI: [in Ukrainian].

Sources: 20

The paper outlines the features of structural transformations in the economy of large cities in conditions of globalization. Special attention is paid to finding priority directions and mechanisms of impact of global economic changes on evolutionary advances in economic structure of large cities. The decisive role of large cities in economic development of contemporary states is emphasized. The processes are accompanied by constant growth of the share of urban population and concentration of growing economic capacity in cities. Moreover, more and more metropolises and global cities emerge. Their major advantage is a high concentration level of production capacities and capital as well as significant human capacity, which promotes innovative development of various sectors of urban economy, mostly energy, information technologies, transport, household services, leisure and banking sector, etc. The following problems are defined as the most essential of those faced by large cities in the era of globalization: deteriorating quality of social capital, growing security challenges, growing risks of technological disasters, deteriorating quality of environment and environmental situation in general, growing load on engineering and social infrastructure, need to secure constant supply of sufficient volumes of drinking water and food. The paper proves that the priority directions of economy development in large cities in the era of globalization is to improve the mobility of population, improve living conditions and meet high standards of citizens’ household comfort, form innovative information-communication networks, establish qualitative planning of urban space, solve ecological problems, namely through renewable energy and prioritization of environmental protection. Recommendations regarding top priority measures of adaptation of large Ukrainian cities to modern requirements of globalization based on the experience of the most developed countries in the world are suggested. In particular, the authors emphasize the need to increase the volumes of investment in the development of information technologies and activation of digitalization of urban space due to releasing the share of budget resources currently inefficiently used and directing them on meeting social needs of citizens. 
structural transformations, large cities, economic globalization, urban space, digital technologies 

Cross-Border Cooperation

Repository of Dolishniy Institute of Regional Research UDC 338.49:332.14; JEL R58, K00
Shults, S. L., & Lutskiv, O. M. (2019). Normatyvno-pravovi zasady rozbudovy prykordonnoyi infrastruktury [Legal framework of border infrastructure development]. Rehional'na ekonomika - Regional Economy, 93 (3), 24-36. DOI: [in Ukrainian].

Sources: 18

The paper emphasizes that development of border infrastructure according to standards and requirements of international standards is one of the major tasks of the measures taken to increase transit capacity of border areas. Therefore, the issues of border infrastructure development should be one of the priority tasks of both central and local authorities. Nowadays, although there is a range of regulative, legal and strategic documents developed to support the functioning of border infrastructure, they need improvement oriented on new requirements and European integration course of Ukraine. The paper aims to analyze regulative, legal and program documents to develop border infrastructure, reveal problem and controversial points in them and suggest recommendations regarding their elimination. Special attention is paid to analysis of the range of legal, regulative, strategic and program documents to support the development of border infrastructure. In the first place, they are the documents that regulate the activity in cross-border cooperation, spatial development and territorial planning, transport activity and transport networks functioning as well as regulative acts regarding the activity of state border service and border crossing points, etc. Among the analyzed documents are the Laws of Ukraine “On Cross-Border Cooperation”, “On General Scheme of Planning of the Territory of Ukraine”, “On Regulation of Urban Planning Activity”, “On Automobile Roads”, “On the Sources of Funding of Road Economy of Ukraine”, “On Concessions to Build and Maintain Roads”, “On Public-Private Partnership”. Moreover, a range of documents of strategic nature, which substantiate the place of border infrastructure in implementation of long-term priorities of Ukraine’s development and defines the perspectives of its modernization, is analyzed, namely 2020 State Regional Development Strategy, Concept of Creation and Functioning of National Network of International Transport Corridors in Ukraine, State Border Service Development Strategy, 2030 National Transport Strategy of Ukraine, Concept of Reforming of Transport Sector of Economy, Concept of State Targeted Law Enforcement Program “2020 Development and Reconstruction of State Border”. Program documents of border infrastructure development support are also analyzed, namely 2016-2020 State Program of Cross-Border Cooperation Development and 2018-2022State Targeted Economic Program of Public Automobile Roads Development. 
border infrastructure, border cooperation, legislative framework, transit capacity, transport network 

Social Policy

Repository of Dolishniy Institute of Regional Research UDC 314.7:332.112(477.8); JEL С18, I20, O15
Semiv, L. K. (2019). Metodychnyy pidkhid do otsinky seredovyshcha osvitn'oyi mihratsiyi naselennya Karpats'koho rehionu [Methodical approach to the assessment of the educational migration environment of the population of the Carpathian region]. Rehional'na ekonomika - Regional Economy, 93 (3), 37-48. DOI: [in Ukrainian].

Sources: 4

The role and importance of the educational migration environment in activating migration movements of the population is described. The main components of the educational migration environment of the population are identified, and their features are outlined. Indicators have been proposed and the conditions for the formation of the educational migration environment of the population have been determined. It is proved that «freedom of knowledge movement» motivates students, teachers and researchers to combine educational and research activities with future employment abroad. The processes of educational migration in the form of cross-border education and academic mobility are presented. The concept of educational migration environment is defined and five main components of its formation are described: quantitative measurement of educational migration potential; quality of the academic environment; motivational conditions; opportunities for universities and industry collaboration in research; institutional conditions in the educational sphere. The list of indicators offered by the Ukrainian statistics is provided for quantitative representation of each component of the educational migration. Based on the method of multidimensional (cluster) analysis, the regional index of formation of educational migration environment is calculated. Using this method allows to move from the assessment of educational migration environment on 28 indicators to the construction of one synthetic indicator. Application of methodical approach allows to see the place of the region by the important parameters of development of the environment of educational migration of the population, to evaluate the attractiveness, opportunities and threats of formation of this environment in the regional dimension. It is proved that the «most favorable» environment in the Carpathian region has the Lviv region (4th place in Ukraine). Other regions of the Ukrainian Carpathians occupy in the ranking the lower places: respectively Ivano-Frankivsk (15th place), Chernivtsi (21st place), Transcarpathian region (24th place) 
migration, educational migration, environment, indicators, integral index, region, Carpathian region 

Repository of Dolishniy Institute of Regional Research UDC 334.012.64:314.745(477); JEL J23, M21, O15, R23
Vasyltsiv, T. H., & Lupak, R. L. (2019). Problemy rozvytku maloho pidpryyemnytstva ta yikh vplyv na mihratsiynu aktyvnist' naselennya hirs'kykh rayoniv Karpats'koho rehionu Ukrayiny [Problems of small business development and their influence on the migration activity of the population in mountain areas of the Carpathian region of Ukraine]. Rehional'na ekonomika - Regional Economy, 93 (3), 49-59. DOI: [in Ukrainian].

Sources: 8

The basic prerequisites for the development of small business in mountain regions and the degree of their differentiation with other territories of the Carpathian region of Ukraine are generalized. The paper establishes that the increase of business activity of the population, increase of scale and efficiency of activity of small business entities as a source of job creation, increase of employment and increase of residents’ well-being are a significant untapped resource for the development of mountain regions of Ukraine. The main obstacles to the development of small business in the mountain regions of Ukraine, which accelerate the migration activity of the population in the course of conservation, are characterized. Based on the results of public polls, the causes that led to the deterioration of the functional characteristics of small business in the Carpathian region of Ukraine are identified and the deficiencies of the state migration policy in the context of mountain areas development are highlighted. The paper outlines the perspective directions of development and increase of functioning efficiency of small business in the mountain regions of the Carpathian region of Ukraine, including: opening of new business objects, starting their own business, including at the expense of employees, creation of clusters (other local integrated structures), launching and expanding cooperative practices, creating new business entities, increasing the number of employees in the small business sector. Measures have been developed to support and create an enabling environment for the development of small business as a leading factor in maintaining demo-reproductive potential and eliminating disparities in the socio-economic development of the mountainous regions of the Carpathian region of Ukraine. The whole set of measures is combined in several directions: improvement of financial resources for small business; improving the business environment for small business development; improvement of regulatory regulation of small business development. 
small business, population migration, mountainous areas, state policy 

Repository of Dolishniy Institute of Regional Research UDC [338.45:37]:352/354(477.8); JEL I28, R22
Synyura-Rostun, N. R. (2019). Osoblyvosti formuvannya lokal'noyi osvitn'oyi polityky v ob’yednanykh terytorial'nykh hromadakh Karpats'koho rehionu [Features of forming of local educational policy in the consolidated territorial communities of the Carpathian region]. Rehional'na ekonomika - Regional Economy, 93 (3), 60-70. DOI: [in Ukrainian].

Sources: 19

In the article the features of formation of the educational policy at the level of the consolidated territorial communities (CTCs) are examined. The article emphasizes that decentralization of powers gives local governments the opportunity to formulate the development of the educational policy independently at their territory. The competences received by local government bodies make it possible to focus on solving the most urgent problems of the community. The problems encountered by local government bodies during the realizations of their functions are outlined. The following problems are identified as the major ones: lack of sufficient financial resources for the maintenance of educational institutions; unregulated budgetary relations between different CTCs; lack of a strategic vision for the development of the education system, and preschool in particular, in the community. The analysis of each of these problems is carried out; however, the main attention is paid to the necessity of formation of thoughtful educational policy. The strategic development planning of the education system becomes the basis of the local educational policy for the consolidated territorial communities. The main blocks in the development of the education system by local government bodies are identified and divided into obligatory and additional. The article shows that the communities of Carpathian region are not yet ready for the effective development of the education system. The process of formation of education development plans in the consolidated territorial communities is revealed to be taking place after or along with the development of community development strategy. The basic indicators the local government bodies plan to work on to improve the functioning of the education system are analyzed. The problems the communities will work on to improve the quality of education are highlighted. The problems and risks faced by local government bodies in the implementing of their powers in field of education are identified. 
local self-government bodies, decentralization, consolidated territorial communities, strategy, educational development plan 

Rural Development

Repository of Dolishniy Institute of Regional Research UDC 332.122:338.43; JEL O18, Q18, R58
Khomyuk, N. L., & Pavlikha, N. V. (2019). Kontseptual'ni pidkhody do rozvytku sil's'kykh terytoriy v umovakh detsentralizatsiyi [Conceptual approaches to rural development in conditions of decentralization]. Rehional'na ekonomika - Regional Economy, 93 (3), 71-78. DOI: [in Ukrainian].

Sources: 18

The purpose of the article is to unveil conceptual approaches to rural development based on the definition of various types of this development, to substantiate the directions of its diversification in the context of decentralization taking into account the experience of the European Union. The article explores the various types of rural development to substantiate the conceptual approaches to its provision in the context of decentralization reform. The generalization of scientific approaches to the types of rural development gives reason to claim that there is currently no single conceptual approach to the concept under study. Sustainable, balanced, resistant, agrarian, socio-economic, agricultural, integrated, complex, perspective types of rural development are identified. The concepts of “development of rural territories” and “rural development” are described and their use is proposed as identical. It is proposed to consider rural development as a socio-ecological-economic process of extended reproduction of rural development, which ensures harmonious growth of economic, social, demographic, ethnic and environmental spheres. The article determines that the notion of “sustainable”, “balanced”, “resistant” in the scientific literature is disclosed in the framework of the study of priorities for sustainable development of rural areas. The article confirms that the complex development of rural territories is connected with decentralization and creation of integrated territorial communities, which use available natural, economic, social and financial resources. Quality of life of rural residents is determined to be the general criterion that characterizes the development of rural areas. The authors reveal that when the rural population is involved in production on the territory of the community, the unemployment rate decreases, household incomes increase, local budget revenues grow at the expense of the personal income tax. Probable ways of rural development are analyzed on the basis of the experience of the European Union. The need to apply an integrated approach to rural development, that is, to identify this development as diversified, proportional and integrated, is substantiated. 
rural development, decentralization, typology of rural development, sustainable rural development, quality of life for rural residents 

Ecological Policy and Nature Management

Repository of Dolishniy Institute of Regional Research UDC 330:330.113:574.63:338.24; JEL O10, O13, P41, P49, Q32
Kolodiichuk, I. A. (2019). Identyfikatsiya faktoriv systemy upravlinnya vidkhodamy [Identification of factors of waste management system]. Rehional'na ekonomika - Regional Economy, 93 (3), 79-87. DOI: [in Ukrainian].

Sources: 9

Attention is drawn to the threatening scale of problems in the field of waste management, the direct correlation between the dynamics of socio-economic development and the accumulation of waste, which requires the formation of an adequate waste management system based on a territorially balanced approach. The importance of assessing the impact of quantitative and qualitative parameters of waste generation / utilization that form the territorial balance of waste management systems is emphasized. The organizational and economic factors that determine the volume and structure of waste generation / utilization and to which we primarily refer the macroeconomic situation in the country, economic activity of enterprises, logistics, economic, environmental levers and production restrictions are substantiated. The importance of governmental institutions in providing conditions for responsible treatment of waste management and in the use of administrative and incentive instruments to influence these processes is emphasized By changing the structure of production, a trade-off can be found between market demand for products and the cost of production, taking into account the prospective cost of waste management. The experience of European countries shows that modern recycling technologies must meet the criteria of environmental friendliness, economy, long-term availability of raw materials for recycling and demand for recycling technologies from the point of view of the sale of recycled waste components. We are convinced that the processing enterprise for the successful functioning of the company must be a business project, not a social project. This alters the motivation of management and focuses its strategy on economic outcomes that will produce social and environmental effects. The feasibility of using a public-private partnership scheme can provide a synergistic effect in the waste management system. Emphasis is placed on the effect-forming role of the socio-legal group of factors, which include the level of environmental awareness of waste generators, responsibility for violation of technological standards, ability to organize the sorting of household waste, state priorities for the implementation of waste management policy, legal responsibility for unauthorized waste. 
territorially-balanced waste management system, waste generation, waste utilization, region, balance, factors, organizational and economic factors, innovation and technological factors, social and legal factors 

Financial Policy

Repository of Dolishniy Institute of Regional Research UDC 336.14:352(477.64); JEL H72, H73
Storonyanska, I. Z., & Benovska, L. Ya. (2019). Osoblyvosti ta tendentsiyi byudzhetnoho zabezpechennya rozvytku Zaporiz'koyi oblasti v umovakh byudzhetnoyi detsentralizatsiyi [Features and tendencies of budgetary provision of Zaporizhzhya region development in the conditions of budget decentralization]. Rehional'na ekonomika - Regional Economy, 93 (3), 88-97. DOI: [in Ukrainian].

Sources: 10

The purpose of the article is to study trends and identify problems of budgetary provision of the development of Zaporizhzhia region in the context of budgetary decentralization reform. Methods of systematic and comparative analysis, graphical visualization, generalization and statistical methods were used for the study. The article examines the impact of decentralization reform on the financial provision of social and economic development of administrative and territorial units of Zaporizhzhia region. The comparative analysis of the budgetary provision of the development of Zaporizhzhya region and other regions of the Central region is conducted. The article describes the trends and problems of Zaporizhzhya region development. The following positive trends were revealed: increase of revenues to local budgets of the region; reduction of transfer dependence of the region on the state budget; formation of high-taxation CTCs. The negative tendencies of development were: increase of differentiation of financial provision of the development of the regional center and other administrative and territorial units, reduction of the growth rate of revenues to the development budget of Zaporizhzhia region. Attention is drawn to the fact that under the conditions of decentralization reform and administrative and territorial reform, consolidated territorial communities are actively being formed in the Zaporizhzhya region, most of them with high financial capacity, which testifies to the high potential of regional development. The article analyzes the regional target programs of Zaporizhzhia region and clarifies the possibilities of their integration with the Action Plans for implementation of the Regional Development Strategies. The dominance of the social component over the development of regional target programs and low level of implementation of a number of programs are emphasized. 
budgetary provision, budget revenues, tax revenues, regional target programs, reform, development 

Repository of Dolishniy Institute of Regional Research UDC 336.225; JEL H21, H26
Alieksieiev, I. V., Paranchuk, S. V., & Chervinska, O. S. (2019). Sub’yekty ta efektyvnist' podatkovoho kontrolyu [Subjects and effectiveness of tax control]. Rehional'na ekonomika - Regional Economy, 93 (3), 98-105. DOI: [in Ukrainian].

Sources: 17

The article deals with the composition of the participants in the monitoring of tax flows and the effectiveness of tax control (control work) in the part of the tax payments. The purpose of the work is to study the effectiveness of tax administration, fees, payments, monitoring of tax and non-tax (financial) flows in the regions of Ukraine by the results of tax control (control and verification measures). The expediency of using the concepts of «tax and non-tax flows» for deepening and possible in the further studies of mathematical description of the trends of changes in the corresponding budget revenues is substantiated. The interaction of control bodies (tax authorities) and taxpayers as subjects of the tax process is generalized. The functions of the controlling bodies (State Fiscal and Customs Service of Ukraine) to ensure the filling of the revenue part of the state and local budgets are considered. The components of monitoring the administration of taxes, fees, payments are investigated. The analysis of tax and non-tax receipts of income (payments) to ensure the formation of state and local budgets is conducted. The data of the main indicators of control work in the oblasts of the western region of Ukraine for 2014-2018 are presented. Important are additional payments to the Consolidated Budget of Ukraine, which are the result of elimination of violations of the tax legislation of Ukraine (underpayment of taxes and other payments, penalties). The study shows the uneven income of this financial (cash) flow. The share of cash accruals in tax revenues of the Consolidated Budget of Ukraine also shows some fluctuations of the tax flows. The article proves that in the Western regions of Ukraine, the number of documentary checks in 2018 decreased by almost 50% compared to 2014, and the amount of additional accrued monetary liabilities in 2018 increased by one third (33.8%). A similar situation is peculiar to Ukrainian economy. This can be seen as an indication of the improvement in the quality of tax activity in these regions. 
tax control, effectiveness, control measures, DFS of Ukraine, taxpayers, tax and non-tax (financial) flows 

Repository of Dolishniy Institute of Regional Research UDC 336.14; JEL H72
Tymchyshyn, Yu. V. (2019). Byudzhetna bezpeka rehioniv Ukrayiny v umovakh detsentralizatsiyi derzhavnoho upravlinnya [Ukrainian regions’ budget security in the conditions of public administration decentralization]. Rehional'na ekonomika - Regional Economy, 93 (3), 106-114. DOI: [in Ukrainian].

Sources: 10

The significance of regions’ budget security as a component of financial self-sufficiency in the conditions of public administration decentralization is revealed. The definition content of «region’s budget security “ is defined from the standpoint of balance of local budgets in terms of revenues and expenditures, risk and threat assessment, sufficiency of financial support for the execution of functions and powers entrusted to local governments. The budgetary security of the region is proven to be a condition that ensures the balance of local budgets in terms of revenues and expenditures in current and strategic dimensions, which allows the local governments to fully fulfill their functions and powers, to neutralize the existing risks, threats and dangers. The author’s approach to rating regions of Ukraine is outlined. It is carried out on the basis of such key indicators as balance of the regional budget in % to GRP, budget’s revenues of the region per capita, budget expenditures per capita, ratio of the amount of received transfers to the sum of budget expenditures of the region in the consolidated state budget, the ratio of tax and non-tax revenues to the local budget, the share of tax revenues in the total budget of the region, the share of official transfers in the total local budget revenues, transfers from the state budget in % to GRP. This allows for determining of the level of budgetary security of territorial entities. The main methodological principles for the rating of regions are defined: the selection and evaluation of absolute indicators, the analysis of relative coefficients, the choice of integral indicators and the formation of rating estimates. The results of the analysis of the budgetary security of the regions revealed significant disparities in the formation of local budgets in terms of revenues and official transfers from the state budget and their significant budgetary differentiation. The uneven amount of transfers in total local budget revenues and the substantial dependence of territorial communities on public funding are emphasized. 
regional budget security, decentralization, rating, security level, local budgets 

Investment and Innovative Processes

Repository of Dolishniy Institute of Regional Research UDC 339.727.22; JEL O17
Zahorskyy, V. S. (2019). Detsentralizatsiya yak instytutsial'nyy mekhanizm zabezpechennya investytsiynykh protsesiv [Decentralization as an institutional mechanism for maintenance of investment processes]. Rehional'na ekonomika - Regional Economy, 93 (3), 115-123. DOI: [in Ukrainian].

Sources: 26

The paper emphasizes that in current conditions of economic system functioning in Ukraine, it is impossible to achieve economic growth without an effective investment policy. An efficient national investment policy enables developing countries to avoid economic and technological dependency and to ensure solutions of key objectives of the sustainable development of the regions and the country as a whole, the growth of their economic capacity and raising standards of living for the population. Modern transformational processes and global trends in economic development are putting new demands for forming the policy of regulation by the investment process in Ukraine. The paper determines that one of the peculiarities of the modern national investment policy of Ukraine is that it is formed and implemented in the conditions of reforming of the public administration system. Decentralization of power and change of administrative and territorial structure in Ukraine by uniting communities and reforming local self-government in terms of redistribution of powers, competences and financial provision are some of the main directions of the public administration modernization. Decentralization provides new opportunities for harnessing investment potential of territories, promotes investment activity to increase the industrial-economic and socio-cultural capacity of territorial communities and accelerates the rates of renewable processes of tangible and intangible production. It is the prerequisite of public administration system modernization by the social development of regions. A clear understanding of the essence, models and principles of decentralization is the important factor for its successful implementation. Ensuring the development of investment activity in the region in conditions of decentralization is the effective mean for regional development, which provides not only the development of the economy as a whole, but also the development of cultural, medical, educational, and social spheres. 
investments, politics, development, region, management, local self-government 

Repository of Dolishniy Institute of Regional Research UDC 332:330.322(001.8); JEL G31
Bandura, T. I. (2019). Doslidzhennya investytsiynoho potentsialu Karpats'koho rehionu (v instytutsiynomu sektori domohospodarstv) [Research of investment capacity of Carpathian region (in institutional sector of households)]. Rehional'na ekonomika - Regional Economy, 93 (3), 124-133. DOI: [in Ukrainian].

Sources: 13

The paper outlines the investment capacity of a region across its components. The methods to evaluate investment capacity of a region are analyzed. Special attention is paid to regions’ rankings and estimation of the regions’ business-climate. Domestic and foreign methods of investment capacity estimation are structured with division into the methods of expert estimation, methods based on statistical information, combined methods (experts-statistics). Methods of foreign scientists S. H. Syerikov and O. A. Tsepelyeva are examined. The methodics was tested across investment capacity of households of four oblasts in Carpathian region for 2010-2017 and the results are presented in the paper. The gap between the revenues and expenses of households across the oblasts of Carpathian region is presented graphically. The dynamics of households’ financial assets growth in four oblasts is analyzed. Investment capacity of households across oblasts and their capacity to participate in investment projects is calculated. The paper reveals that households haven’t been able to invest in the economy of the region for three recent years, because their expenditures exceed the profits. Possible reasons of current condition of households’ investment capacity are outlined. Conclusions regarding the illegalization of income of substantial share of Carpathian region’s population is made. The most relevant ways to receive illegal income used by Ukrainian population nowadays are explained. The fact that money supply from abroad and received illegal income form the shadow sector of Ukrainian economy is emphasized. 
region’s investment capacity, rankings, statistical analysis, investment climate, business environment, experts’ estimation, shadow economy, investment processes 

Repository of Dolishniy Institute of Regional Research UDC 330.322.5; JEL H61, E22, R22, R58
Leshchukh, I. V. (2019). Vplyv administratyvno-finansovoyi detsentralizatsiyi na investytsiyni protsesy u Tsentral'nomu rehioni Ukrayiny [Influence of administrative and financial decentralization on investment processes in the Central region of Ukraine]. Rehional'na ekonomika - Regional Economy, 93 (3), 134-144. DOI: [in Ukrainian].

Sources: 19

The article examines the tendencies of the investment sector of the Central region of Ukraine, which are formed under the influence of implementation of administrative and financial decentralization in Ukraine. The method of estimation of influence of administrative-financial decentralization on investment processes in the region is proposed on the basis of calculation of indicators of the ratio: a) growth rates of capital investments and foreign direct investments against own incomes; b) the rate of growth of expenditures on socio-economic development (in particular, public administration, health care, education, housing and communal services, repair and maintenance of roads, etc.) against own revenues of local budgets. The author’s method is tested on the example of cities of regional importance and districts of the Central region of Ukraine. It was found that: 1) in 2016-2018 the most effective was the policy of capital investment in Cherkasy region, the least effective – in the Kirovograd region; 2) the increase of the financial potential of the cities of regional importance and districts of the studied region did not cause a significant stimulating influence on attracting foreign investments; 3) the reorientation of local authorities’ own resources on capital expenditures on the development of social, transport and communal infrastructure is extremely slow. Systemic and dialectical methods were used in the study; logical generalization, system analysis, comparison and synthesis; strategic analysis, graphic. The works of leading scientists and specialists on a wide range of socio-economic problems, the operational information of the Main Directorates of Statistics in Vinnitsa, Kirovograd, Cherkasy and Poltava regions of Ukraine as well as information on the implementation of relevant local budgets of the Departments of Finance of Vinnitsa, Kirovograd and Cherkasy regional state administrations constitute the information base of the research. 
administrative and financial decentralization, investment efficiency, regional economy, spatial development, cities of regional importance, united territorial communities, Central region of Ukraine 

Economics and National Economy Management

Repository of Dolishniy Institute of Regional Research UDC 674.038; JEL 674.038
Ishchuk, S. O., & Sozanskyy, L. Y. (2019). Resursne zabezpechennya derevoobrobnykh vyrobnytstv Ukrayiny: mizhderzhavni i mizhrehional'ni porivnyannya [Resources provision of woodworking industries in Ukraine: cross-national and inter-regional comparisons]. Rehional'na ekonomika - Regional Economy, 93 (3), 145-154. DOI: [in Ukrainian].

Sources: 7

Sufficient supply of woodworking with raw materials while preserving the ecology and rational use of wood is a necessary condition for the functioning of the woodworking industry as one of the key segments of the national economy. The issue is of particular importance given the deepening of world integration processes and the introduction of a moratorium on timber exports from Ukraine. It actualizes the study of the state and dynamics of the formation of raw materials potential of domestic woodworks. The purpose of the article is a structural and dynamic assessment of the economic and environmental aspects of formation of the resource potential of Ukrainian woodworks in comparison with the countries of the European Union, as well as in the regional section by types of wood. In the structure of merchantable wood harvested in Ukraine, fuel wood share increased by 4.3 pp. during 2011-2016, whereas in 2017 it increased by 3.8 pp. compared to 2016 and amounted to 61.4%. Unlike in Ukraine, in the vast majority of EU countries business timber is the basis of the structure of harvested merchantable timber. Thus, in the neighboring countries with similar forest landscape – Poland and the Czech Republic – the share of fuel wood in 2017 was 11.6% and 12.3%, in Slovakia – only 6.3%, and in the EU as a whole – 23. 2%. Hence, the significant deterioration of the structure of the harvested merchantable timber in Ukraine can be interpreted as a threat to environmental, and therefore to national security. On the other hand, the results of the assessments revealed an increase in the volume of commercial timber harvesting in Ukraine (in 18 regions) in 2018, as well as in the level of forest reproduction in the leading regions from the harvesting of merchantable timber (Zhytomyr, Kyiv and Rivne regions) and a decrease in the death rate. The restoration of the logical patterns between the dynamics of the loss of stands and the harvesting of commercial and fuel wood are signs of the beginning of positive tendencies in ensuring the preservation and rationalization of raw potential of domestic woodworks and, at the same time, improving the conditions for deepening the level of wood processing. Further authors’ research in this area will be devoted to the search for effective forms of wood industry development in Ukraine, in particular in the Western region. 
woodworking, logging, structure, liquid wood, business wood, fuel wood 

Web Master P. Popadiuk