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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Main Authors: Valeriy I. Antipov, Igor B. Kolmakov
Format: Article
Language:Russian
Published: Plekhanov Russian University of Economics 2017-09-01
Series:Вестник Российского экономического университета имени Г. В. Плеханова
Subjects:
Online Access:https://vest.rea.ru/jour/article/view/148
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author Valeriy I. Antipov
Igor B. Kolmakov
author_facet Valeriy I. Antipov
Igor B. Kolmakov
author_sort Valeriy I. Antipov
collection DOAJ
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.
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publishDate 2017-09-01
publisher Plekhanov Russian University of Economics
record_format Article
series Вестник Российского экономического университета имени Г. В. Плеханова
spelling doaj-art-eb04a2f7be87447aa03f08d3a4e994e02025-08-20T03:20:25ZrusPlekhanov Russian University of EconomicsВестник Российского экономического университета имени Г. В. Плеханова2413-28292587-92512017-09-010213013910.21686/2413-2829-2016-2-130-139147ASSESSING THE MULTIPLYING EFFECT OF TARGET FINANCE EXPENSES OF HOUSEHOLDSValeriy I. Antipov0Igor B. Kolmakov1Trapeznikov Institute of Management Problems of the Russian Academy of SciencePlekhanov Russian University of EconomicsRussian 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.https://vest.rea.ru/jour/article/view/148food ration cardslow-income people in russiaadditional profit of consolidated budgetp1-4 modelcharts of gdp dynamics
spellingShingle Valeriy I. Antipov
Igor B. Kolmakov
ASSESSING THE MULTIPLYING EFFECT OF TARGET FINANCE EXPENSES OF HOUSEHOLDS
Вестник Российского экономического университета имени Г. В. Плеханова
food ration cards
low-income people in russia
additional profit of consolidated budget
p1-4 model
charts of gdp dynamics
title 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_short ASSESSING THE MULTIPLYING EFFECT OF TARGET FINANCE EXPENSES OF HOUSEHOLDS
title_sort assessing the multiplying effect of target finance expenses of households
topic food ration cards
low-income people in russia
additional profit of consolidated budget
p1-4 model
charts of gdp dynamics
url https://vest.rea.ru/jour/article/view/148
work_keys_str_mv AT valeriyiantipov assessingthemultiplyingeffectoftargetfinanceexpensesofhouseholds
AT igorbkolmakov assessingthemultiplyingeffectoftargetfinanceexpensesofhouseholds