STATE CAPITAL INVESTMENT AS AN IMPORTANT FACTOR OF SOCIO-ECONOMIC DEVELOPMENT OF UKRAINE
Journal Title: Приазовський економічний вісник - Year 2018, Vol 6, Issue 11
Abstract
The importance and significant role of state capital investments in socio-economic development are proved. Using the correlation and regression method, the relationship between the share of state capital investments and key socio-economic indicators, such as GDP growth rate, export, industrial production index, real wages, was analysed. It was proved that there is a significant link between most of these indicators and the fact that a state is an important investor for the economy. It was found that a higher state share in the structure of investors contributes to the overall economic growth. Therefore, the state’s share in the structure of capital investments should approach the 6% level, and its decline leads to the decline in production, which negatively affects the quality of life and well-being and also the development of the economy as a whole.
Authors and Affiliations
O. V. Babina
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