Economic Foundations of Rationality and Efficiency of State Subsidies to Business Entities

Subject. Rationality and efficiency of budgeting state subsidies to business entities. Objectives. To develop a science-based system for assessing the rationality and effectiveness of the process of state subsidization of business entities. Results. The interrelation of rationality and efficiency of...

Full description

Saved in:
Bibliographic Details
Main Authors: Igor K. Klioutchnikov, Tatyana V. Saakyan
Format: Article
Language:English
Published: Financial Research Institute 2025-02-01
Series:Финансовый журнал
Subjects:
Online Access:https://www.finjournal-nifi.ru/images/FILES/Journal/Archive/2025/1/statii/05_1_2025_v17.pdf
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1849764423398326272
author Igor K. Klioutchnikov
Tatyana V. Saakyan
author_facet Igor K. Klioutchnikov
Tatyana V. Saakyan
author_sort Igor K. Klioutchnikov
collection DOAJ
description Subject. Rationality and efficiency of budgeting state subsidies to business entities. Objectives. To develop a science-based system for assessing the rationality and effectiveness of the process of state subsidization of business entities. Results. The interrelation of rationality and efficiency of the process of budgeting subsidies to business entities is substantiated. Determination of the logic of conceptual justifications of rationality of subsidies budgeting and efficiency of their provision as a single process allowed to open a new research space for modeling and studying the effectiveness of the impact of subsidies both on business entities and on the budget. The schemes of interaction between the state and commercial organizations are analyzed. A modification of ideas about the principles of rationality and efficiency of neoclassical economic theory is proposed. Conclusions. Scientific views on the rationality and efficiency of subsidy budgeting are changing in the process of theory development, economic transformations and clarification of development goals. Model constructions of subsidies movement after their provision from the budget are developed, which will allow us to move to the assessment of the rationality and efficiency of the impact of subsidies on commercial organizations.
format Article
id doaj-art-34e3129121d140e592dab9c587698e6f
institution DOAJ
issn 2075-1990
2658-5332
language English
publishDate 2025-02-01
publisher Financial Research Institute
record_format Article
series Финансовый журнал
spelling doaj-art-34e3129121d140e592dab9c587698e6f2025-08-20T03:05:09ZengFinancial Research InstituteФинансовый журнал2075-19902658-53322025-02-01171749110.31107/2075-1990-2025-1-74-91Economic Foundations of Rationality and Efficiency of State Subsidies to Business EntitiesIgor K. Klioutchnikov0https://orcid.org/0000-0002-6132-6632Tatyana V. Saakyan1https://orcid.org/0000-0002-1801-8693International Banking Institute named after Anatoly Sobchak, St. Petersburg, Russian FederationFinancial Research Institute, Moscow, Russian FederationSubject. Rationality and efficiency of budgeting state subsidies to business entities. Objectives. To develop a science-based system for assessing the rationality and effectiveness of the process of state subsidization of business entities. Results. The interrelation of rationality and efficiency of the process of budgeting subsidies to business entities is substantiated. Determination of the logic of conceptual justifications of rationality of subsidies budgeting and efficiency of their provision as a single process allowed to open a new research space for modeling and studying the effectiveness of the impact of subsidies both on business entities and on the budget. The schemes of interaction between the state and commercial organizations are analyzed. A modification of ideas about the principles of rationality and efficiency of neoclassical economic theory is proposed. Conclusions. Scientific views on the rationality and efficiency of subsidy budgeting are changing in the process of theory development, economic transformations and clarification of development goals. Model constructions of subsidies movement after their provision from the budget are developed, which will allow us to move to the assessment of the rationality and efficiency of the impact of subsidies on commercial organizations.https://www.finjournal-nifi.ru/images/FILES/Journal/Archive/2025/1/statii/05_1_2025_v17.pdfsubsidiesrationalityeffectivenessbudgetingfinancial assistance
spellingShingle Igor K. Klioutchnikov
Tatyana V. Saakyan
Economic Foundations of Rationality and Efficiency of State Subsidies to Business Entities
Финансовый журнал
subsidies
rationality
effectiveness
budgeting
financial assistance
title Economic Foundations of Rationality and Efficiency of State Subsidies to Business Entities
title_full Economic Foundations of Rationality and Efficiency of State Subsidies to Business Entities
title_fullStr Economic Foundations of Rationality and Efficiency of State Subsidies to Business Entities
title_full_unstemmed Economic Foundations of Rationality and Efficiency of State Subsidies to Business Entities
title_short Economic Foundations of Rationality and Efficiency of State Subsidies to Business Entities
title_sort economic foundations of rationality and efficiency of state subsidies to business entities
topic subsidies
rationality
effectiveness
budgeting
financial assistance
url https://www.finjournal-nifi.ru/images/FILES/Journal/Archive/2025/1/statii/05_1_2025_v17.pdf
work_keys_str_mv AT igorkklioutchnikov economicfoundationsofrationalityandefficiencyofstatesubsidiestobusinessentities
AT tatyanavsaakyan economicfoundationsofrationalityandefficiencyofstatesubsidiestobusinessentities