Analyzing the Impact of Macro-Economic Factors and Taxation Manoeuvre on Federal Budget Revenues in the Russian Federation

The article studies the impact of macro-economic factors, such as the US dollar rate, inflation rate, changes in the physical volume of export, drop in world prices on oil and alteration of taxation and customs legislation of the Russian Federation on revenues of the federal budget. The authors use...

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Main Authors: E. S. Inozemtcev, O. V. Kochetygova, M. A. Katkova
Format: Article
Language:Russian
Published: Plekhanov Russian University of Economics 2018-12-01
Series:Вестник Российского экономического университета имени Г. В. Плеханова
Subjects:
Online Access:https://vest.rea.ru/jour/article/view/603
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author E. S. Inozemtcev
O. V. Kochetygova
M. A. Katkova
author_facet E. S. Inozemtcev
O. V. Kochetygova
M. A. Katkova
author_sort E. S. Inozemtcev
collection DOAJ
description The article studies the impact of macro-economic factors, such as the US dollar rate, inflation rate, changes in the physical volume of export, drop in world prices on oil and alteration of taxation and customs legislation of the Russian Federation on revenues of the federal budget. The authors use the integral factor analysis of the absolute growth in federal budget revenues in Russia in assumption of simultaneous changes in factors on the indicator function. Conventional methods of determinate factor analysis, including the method of chain substitution imply successive change in factors. The authors conducted qualitative estimation of the absolute growth (decline) in federal budget revenues in the Russian Federation under the influence of selected macro-economic factors and changes in taxation and customs legislation, while in conventional research only changes in factors themselves are estimated. They came to the conclusion about the insufficient compensation for the decline in customs duties on oil and oil products by the increase in tax on minerals extraction. The growth in budget revenues was shown at the expense of administrative control strengthening but not at the expense of economic growth. Recommendations were put forward aimed at the increase in investment activity through changing the procedure of depreciation charges and using resources of the foundation of national welfare.
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2587-9251
language Russian
publishDate 2018-12-01
publisher Plekhanov Russian University of Economics
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series Вестник Российского экономического университета имени Г. В. Плеханова
spelling doaj-art-092b4dee1a234b2a85daba304eb405032025-08-20T03:20:25ZrusPlekhanov Russian University of EconomicsВестник Российского экономического университета имени Г. В. Плеханова2413-28292587-92512018-12-0106475610.21686/2413-2829-2018-6-47-56540Analyzing the Impact of Macro-Economic Factors and Taxation Manoeuvre on Federal Budget Revenues in the Russian FederationE. S. Inozemtcev0O. V. Kochetygova1M. A. Katkova2Saratov Social and Economic Institute (branch) of the Plekhanov Russian University of EconomicsSaratov Social and Economic Institute (branch) of the Plekhanov Russian University of EconomicsYuri Gagarin State Technical University of SaratovThe article studies the impact of macro-economic factors, such as the US dollar rate, inflation rate, changes in the physical volume of export, drop in world prices on oil and alteration of taxation and customs legislation of the Russian Federation on revenues of the federal budget. The authors use the integral factor analysis of the absolute growth in federal budget revenues in Russia in assumption of simultaneous changes in factors on the indicator function. Conventional methods of determinate factor analysis, including the method of chain substitution imply successive change in factors. The authors conducted qualitative estimation of the absolute growth (decline) in federal budget revenues in the Russian Federation under the influence of selected macro-economic factors and changes in taxation and customs legislation, while in conventional research only changes in factors themselves are estimated. They came to the conclusion about the insufficient compensation for the decline in customs duties on oil and oil products by the increase in tax on minerals extraction. The growth in budget revenues was shown at the expense of administrative control strengthening but not at the expense of economic growth. Recommendations were put forward aimed at the increase in investment activity through changing the procedure of depreciation charges and using resources of the foundation of national welfare.https://vest.rea.ru/jour/article/view/603federal budget revenuestaxation manoeuvrefactor analysis
spellingShingle E. S. Inozemtcev
O. V. Kochetygova
M. A. Katkova
Analyzing the Impact of Macro-Economic Factors and Taxation Manoeuvre on Federal Budget Revenues in the Russian Federation
Вестник Российского экономического университета имени Г. В. Плеханова
federal budget revenues
taxation manoeuvre
factor analysis
title Analyzing the Impact of Macro-Economic Factors and Taxation Manoeuvre on Federal Budget Revenues in the Russian Federation
title_full Analyzing the Impact of Macro-Economic Factors and Taxation Manoeuvre on Federal Budget Revenues in the Russian Federation
title_fullStr Analyzing the Impact of Macro-Economic Factors and Taxation Manoeuvre on Federal Budget Revenues in the Russian Federation
title_full_unstemmed Analyzing the Impact of Macro-Economic Factors and Taxation Manoeuvre on Federal Budget Revenues in the Russian Federation
title_short Analyzing the Impact of Macro-Economic Factors and Taxation Manoeuvre on Federal Budget Revenues in the Russian Federation
title_sort analyzing the impact of macro economic factors and taxation manoeuvre on federal budget revenues in the russian federation
topic federal budget revenues
taxation manoeuvre
factor analysis
url https://vest.rea.ru/jour/article/view/603
work_keys_str_mv AT esinozemtcev analyzingtheimpactofmacroeconomicfactorsandtaxationmanoeuvreonfederalbudgetrevenuesintherussianfederation
AT ovkochetygova analyzingtheimpactofmacroeconomicfactorsandtaxationmanoeuvreonfederalbudgetrevenuesintherussianfederation
AT makatkova analyzingtheimpactofmacroeconomicfactorsandtaxationmanoeuvreonfederalbudgetrevenuesintherussianfederation