Modeling of optimal proportions of income distribution of non-financial corporations

Mylashko Olha
PhD, Associate Professor, Department of Statistics, Odessa National Economic University, Odessa, E-mail:mylashko@ukr.net, ORCID ID: https://orcid.org/0000-0002-7963-4318

Cite this article:

Mylashko O. (2022) Modeling of optimal proportions of income distribution of non-financial corporations. Ed.: V.V. Kovalenko (ed.-in-ch.) and others [Modelyuvannya optimanih proporcij rozpodilu dohodiv nefinansovih korporacij; za red.: V.V. Kovalenko (gol. red.)], Scientific Bulletin of the Odessa National Economic University (ISSN 2313-4569), Odessa National Economics University, Odessa, No. 8 (297), pp. 17-24.

Abstract

The article highlights the issues of optimizing the process of income generation of non-financial corporations of Ukraine from the stage of their formation to use. With the help of statistical methods of analysis, the inefficiency of the sector's income redistribution processes has been proven, as a result of which the sector - the main producer of goods and services in society, lacks its own funds to carry out operations with assets. Models for calculating the ratios of individual types of income are proposed, which make it possible to identify reserves for their growth. The possibility of using relevant coefficients calculated for the sector of non-financial corporations in Germany as reference values of the ratios is substantiated. The ability of the sector in Germany to carry out capital operations at its own expense has been demonstrated, which provides it with the expansion of the scale of production of goods and services in the following periods. It is emphasized the need in Ukraine to take into account the peculiarities of the functioning of the sector, including the peculiarities determined by the policy of formation of the tax burden, interest rates and other instruments for income redistribution. It has been demonstrated that at the production stage, the share of intermediate consumption in the gross output is too high, compared to developed countries, as a result of inefficient use of raw materials and energy resources. It is proved that at the stage of distribution of primary income, a greater share of property income paid by nonfinancial corporations was observed for almost the entire period, compared to the benchmark. It was highlighted that at the stage of secondary income distribution, a greater than standard specific weight of income taxes in the balance of primary incomes of the sector was observed. Based on the results of the conducted research, conclusions were made regarding the main reserves of income growth.

Keywords

non-financial corporations, gross value added, intermediate consumption, gross operating surplus, balance of primary incomes, disposable income, lending, borrowing.

JEL classification: E250, O210, P520; DOI: 10.32680/2409-9260-2022-8-297-17-24

UD classification: 330.534:311

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