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Economy, finances, management: Topical issues of science and practical activity

space SCIENTIFIC JOURNALS OF VINNITSA NATIONAL AGRARIAN UNIVERSITY

Issue №: 1 (63)

Published: 2023.05.12
DOI: 10.37128/2411-4413-2023-1


Description:
The journal deals with the issues of efficiency of functioning of the national economics and organizational forms of management of the national economy. Attention is paid to the problems of marketing, management and efficiency of production and economic activity of agrarian enterprises. The issues of public administration and administration, accounting and taxation, banking and insurance, forecasting and modeling of economic processes, foreign economic activity, commodity flows of economic entities and their infrastructure support.

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GROSS DOMESTIC PRODUCT AS A PREDICTOR OF THE BIRTH RATE IN UKRAINE

DOI: 10.37128/2411-4413-2023-1-6
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SHEVCHUK Oleksandr – Candidate of Physical and Mathematical Sciences, Associate Professor of the Department of Mathematics, Physics and Computer Technologies, Vinnytsia National Agrarian University (21008, Vinnytsia, 3, Soniachna Str., e-mail: shevchuk177@gmail.com).

Annotation

The paper conducts an information-analytical study of correlations between the fertility rate in Ukraine and the level of the gross domestic product (hereinafter referred to as – GDP), expressed in US dollars, per person of the population. Preliminary calculations based on the  official statistical data for 1990-2021 indicated the absence (R2 = 0.0089) of both linear and non-linear regression relationships between the studied indicators. However, a more detailed analysis of the correlation field made it possible to trace three time intervals with a fairly close linear relationship between the birth rate in Ukraine and the general state of the national economy. The combined regression model of the birth rate built as a result of such an analysis turned out to be adequate, and all its parameters were statistically significant at the confidence level of p = 0.95.At the same time, similar statistical estimates of the unknown parameters of the model were also obtained when investigating the presence of inertia in the reactions of the values of the endogenous variable, taking into account a lag delay of one year.

The change in the specification of the model, as a result of the introduction to consideration of an additional indicator of the global financial crisis, led to an improvement in its correlation indicators and interpolation accuracy, both in the presence of a lag shift (R∆=1=0.960, MAPE∆=1 = 3.89%), and in its absence (R∆=0=0.982, MAPE∆=0 = 2.68%).

According to estimates made on the basis of a combined fertility model, it was established that before the beginning of the military aggression of the russian federation in 2014, the birth rate in the country had a direct linear relationship with the level of GDP, expressed in US dollars, per person of the population. However, the regression coefficient observed during the economic crisis of 1990-1999 was significantly higher than the corresponding indicator calculated for the economic recovery period of 2000-2014. That is, the process of reducing the birth rate, which was provoked by the economic crisis, turned out to be more significant than the process of its recovery during the economic growth of the country.

On the other hand, for the period of the military aggression of the russian federation, a feedback relationship between these indicators becomes characteristic, namely, a decrease in the birth rate is accompanied by an increase in the level of the country’s GDP.

Keywords: birth rate, gross domestic product, series of dynamics, regression equation, correlation coefficient, combined regression model.

List of references

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2. Innocenti, N., Vignoli, D., & Lazzeretti, L. (2021). Economic complexity and fertility: insights from a low fertility country. Regional Studies, 55 (8), 1388-1402. DOI: 10.1080/00343404.2021.1896695 [in English].

3. Ashraf, Q.H., Weil, D.N., & Wilde, J. (2013). The Effect of Fertility Reduction on Economic Growth. Population and Development Review, 39 (1), 97-130. DOI: https://doi.org/10.1111/j.1728-4457.2013.00575.x [in English].

4. Doepke, M., Hannusch, A., Kindermann, F., & Tertilt, M. (2022). The Economics of Fertility: A New Era. Bonn: Institute of Labor Economics [in English].

5. Shoumitro, C., & Vogl, T. (2018). Escaping Malthus: Economic Growth and Fertility Change in the Developing World. American Economic Review, 108 (6), 1440-1467. DOI: 10.1257/aer.20170748 [in English].

6. Li, Q, Tsui, A.O., Liu, L., & Ahmed, S. (2018). Mortality, fertility, and economic development: An analysis of 201 countries from 1960 to 2015 [version 1; peer review: 2 approved, 1 approved with reservations]. Gates Open Res, 2 (14). DOI: https://doi.org/10.12688/gatesopenres.12804.1 [in English].

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12. Bitkova, T.V., & Humirova, Yu.S. (2018). Modelyuvannya vplyvu demohrafichnykh protsesiv na ekonomichne zrostannya: systemno-dynamichnyy pidkhid [Modeling of the impact of demographic processes on economic growth: a system-dynamic approach]. Problemy systemnoho pidkhodu v ekonomitsi – Problems of Systemic Approach in the Economy, 6 (68), 164-172. DOI: https://doi.org/10.32782/2520-2200/2018-6-26 [in Ukrainian].

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About journal

Topics of the journal:

051 Economics

071 Accounting and taxation

072 Finance, banking and insurance

073 Management

075 Marketing

076 Business, trade and exchange activities

241 Hotel, restaurant and catering 

281 Public administration

 

Key information:
ISSN (print): 2411-4413
DOI: 10.37128

The journal “Economy, finances, management: Topical issues of science and practice” is included in the "List of Scientific Professional Editions of Ukraine". 

The scientific edition is assigned the Category "Б" in the field of economics in specialties 051, 071, 072, 073, 075, 076, 241, 281

(Order of the Ministry of Education and Science of Ukraine No. 249, March 17, 2020).

The journal “Economy, finances, management: Topical issues of science and practice” has a Digital Object Identifier (DOI)

The journal “Economy, finances, management: Topical issues of science and practice” is indexed in such database as Index Copernicus Value (https://journals.indexcopernicus.com/search/form)

 

The editorial board of the journal is guided by the principles of scientific, objectivity, professionalism, informational support of the most significant innovative researches, observance of standards of publishing ethics.

The purpose of the journal "Economics, finances, management: Topical issues of science and practical activity» is the coverage of leading scientific ideas in the economic, financial and management activities of the sectors of the national economy and the involvement of representatives of the domestic and foreign scientific professional community.

 

Objectives of the journal:

  • publication of research findings on innovation in the economy, financial and management spheres, innovation of production processes;
  • expanding partnerships with international scientific publishing organizations;
  • enhancing the culture of reviewing and annotating published material;
  • adherence to editorial ethics.

 

Article publishing is a paid service. Cost for printing in professional publications in accordance with the Decree of the Cabinet of Ministers of Ukraine of August 27, 2010 No. 796 "On approval of the list of paid services that can be provided by state educational institutions, other institutions of the educational system belonging to state and communal ownership" and the order Rector of the Higher Education University Mazura VA dated March 14, 2018 No. 93 “On setting the cost of printing in professional editions of the University”.

The cost of printing one page in professional editions of the university is 60 UAH.

An additional copy of the magazine with the mailing list costs 250 UAH.

Recipient: Vinnytsia National Agrarian University MFO 820172 Current account No. 31256282102055 Code 00497236 Bank State Treasury Service of Ukraine, Kyiv. VAT payer code 004972302286. Registration number 100271744. Purpose of payment: for printing an article in the journal: ”Economy, finances, management: Topical issues of science and practical activity "

History of journal:

It was founded in 1997 under the name "Bulletin of the Vinnytsia State Agricultural Institute". In 2010-2014 he was published under the title “Collection of scientific works of Vinnitsa National Agrarian University”.

From 2015 ”Economy, finances, management: Topical issues of science and practical activity” (Certificate of State Registration of Mass Media No. 21154-10954 of PR as of December 31, 2014)

The journal is the successor to the edition ”Collection of Scientific Papers of Vinnytsia National Agrarian University. Series: Economic Sciences. "