ASSESSING THE MULTIPLYING EFFECT OF TARGET FINANCE EXPENSES OF HOUSEHOLDS
Russian economy is in a deep crisis now caused by reduction in aggregate demand, which depends on many reasons, the main is plunging customer demand provoked by high inflation rate. Due to this academics and industrialists propose different steps aimed at increasing customer demand, for instance int...
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Plekhanov Russian University of Economics
2017
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oai:doaj.org-article:eb04a2f7be87447aa03f08d3a4e994e02021-11-15T05:20:44ZASSESSING THE MULTIPLYING EFFECT OF TARGET FINANCE EXPENSES OF HOUSEHOLDS2413-28292587-925110.21686/2413-2829-2016-2-130-139https://doaj.org/article/eb04a2f7be87447aa03f08d3a4e994e02017-09-01T00:00:00Zhttps://vest.rea.ru/jour/article/view/148https://doaj.org/toc/2413-2829https://doaj.org/toc/2587-9251Russian economy is in a deep crisis now caused by reduction in aggregate demand, which depends on many reasons, the main is plunging customer demand provoked by high inflation rate. Due to this academics and industrialists propose different steps aimed at increasing customer demand, for instance introduction of food ration cards for low-income people. The article for the first time provides a quantitative estimation of economic effect of introducing food ration cards for low-income people which was proposed by the Ministry of Industry and Trade RF. For this purpose a hypothetic state program of additional support for low-income groups for 2017-2030 was analyzed. P1-4 model showed that additional costs of the consolidated budget at the end of 2017 would cover initial expenses for ration cards by 48%. The article includes charts of GDP dynamics, the share of remuneration in output and the table of quantitative estimations.Valeriy I. AntipovIgor B. KolmakovPlekhanov Russian University of Economicsarticlefood ration cardslow-income people in russiaadditional profit of consolidated budgetp1-4 modelcharts of gdp dynamicsEconomics as a scienceHB71-74RUВестник Российского экономического университета имени Г. В. Плеханова, Vol 0, Iss 2, Pp 130-139 (2017) |
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food ration cards low-income people in russia additional profit of consolidated budget p1-4 model charts of gdp dynamics Economics as a science HB71-74 |
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food ration cards low-income people in russia additional profit of consolidated budget p1-4 model charts of gdp dynamics Economics as a science HB71-74 Valeriy I. Antipov Igor B. Kolmakov ASSESSING THE MULTIPLYING EFFECT OF TARGET FINANCE EXPENSES OF HOUSEHOLDS |
description |
Russian economy is in a deep crisis now caused by reduction in aggregate demand, which depends on many reasons, the main is plunging customer demand provoked by high inflation rate. Due to this academics and industrialists propose different steps aimed at increasing customer demand, for instance introduction of food ration cards for low-income people. The article for the first time provides a quantitative estimation of economic effect of introducing food ration cards for low-income people which was proposed by the Ministry of Industry and Trade RF. For this purpose a hypothetic state program of additional support for low-income groups for 2017-2030 was analyzed. P1-4 model showed that additional costs of the consolidated budget at the end of 2017 would cover initial expenses for ration cards by 48%. The article includes charts of GDP dynamics, the share of remuneration in output and the table of quantitative estimations. |
format |
article |
author |
Valeriy I. Antipov Igor B. Kolmakov |
author_facet |
Valeriy I. Antipov Igor B. Kolmakov |
author_sort |
Valeriy I. Antipov |
title |
ASSESSING THE MULTIPLYING EFFECT OF TARGET FINANCE EXPENSES OF HOUSEHOLDS |
title_short |
ASSESSING THE MULTIPLYING EFFECT OF TARGET FINANCE EXPENSES OF HOUSEHOLDS |
title_full |
ASSESSING THE MULTIPLYING EFFECT OF TARGET FINANCE EXPENSES OF HOUSEHOLDS |
title_fullStr |
ASSESSING THE MULTIPLYING EFFECT OF TARGET FINANCE EXPENSES OF HOUSEHOLDS |
title_full_unstemmed |
ASSESSING THE MULTIPLYING EFFECT OF TARGET FINANCE EXPENSES OF HOUSEHOLDS |
title_sort |
assessing the multiplying effect of target finance expenses of households |
publisher |
Plekhanov Russian University of Economics |
publishDate |
2017 |
url |
https://doaj.org/article/eb04a2f7be87447aa03f08d3a4e994e0 |
work_keys_str_mv |
AT valeriyiantipov assessingthemultiplyingeffectoftargetfinanceexpensesofhouseholds AT igorbkolmakov assessingthemultiplyingeffectoftargetfinanceexpensesofhouseholds |
_version_ |
1718428781556793344 |