Articles by : Merkulova Tamara № 1/2005
Political economyMERKULOVA Tamara 1
1Kharkiv Karazin National University
Rationality in the economic model of man
ABSTRACT ▼
The author considers the contents of the notion of “rationality as regards man’s economic behavior. She justifies the necessity to distribute the properties of rationality and normativity (institutionality) in man’s behavior. The author separates the operational, procedural and institutional forms of rationality. The article reveals the essence of the phenomenon of concealed opportunism.
Keywords:
| Article in Russian (pp. 25 - 35) | Download | Downloads :251 |
| Article in Ukrainian (pp. 25 - 34) | Download | Downloads :874 |
REFERENCES ▼
№ 1/2009
Institutional problems of economic developmentMERKULOVA Tamara 1
1Kharkiv Karazin National University
Economic growth and inequality: institutional dimension and empirical analysis
ABSTRACT ▼
The key hypotheses and theoretical concepts that argue the correlation of country’s economic growth level and disposal income inequality are presented. We show the role of institutional factors that affect character and force of this correspondence. The paper also manifests the empirical analysis results responded to the HDI to refine upon our previous research findings.
Keywords:
| Article in Russian (pp. 81 - 90) | Download | Downloads :246 |
| Article in Ukrainian (pp. 81 - 90) | Download | Downloads :262 |
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№ 1/2010
Experimental economicsMERKULOVA Tamara 1
1Kharkiv Karazin National University
Experimental check of behavioral hypotheses (experiment “Public weal")
ABSTRACT ▼
The author considers the use of laboratory experiments in economic research. Main attention is given to experimental check of behavioral hypotheses serving as a basis in research of human cooperation. The article provides the results of a set of experiments called "Public weal" conducted in Ukraine to investigate national peculiarities of free rider behavior. The author has done a comparative analysis of the obtained results with the conclusions of foreign experimental investigations.
Keywords:
JEL:
| Article in Russian (pp. 65 - 74) | Download | Downloads :209 |
| Article in Ukrainian (pp. 65 - 74) | Download | Downloads :464 |
REFERENCES ▼
№ 4/2016
Political economyMERKULOVA Tamara 1
1Kharkiv Karazin National University
FAIRNESS, INEQUALITY AND ECONOMIC EFFICIENCY: ANALYSES AND MODELING RELATIONSHIPS
ABSTRACT ▼
Presented conclusions of a research based on the hypothesis of optimal income inequality: whatever deviations from the optimal level have negative consequences that result finally in decreasing the economic effect. The theoretical arguments in favor of this hypothesis are discussed. The author analyzes the neoclassic production function, in which the output elasticities of capital and labor are dependent quadratically on the inequality variable (coefficient Gini). The model allows finding the optimal inequality level that maximizes the economic effect (GDP). The conditions for the function parameters are defined and interpreted. The model has been tested with EU countries’ data.
Keywords:income differentiation, optimal income inequality level, economic efficiency, production-institutional function.
JEL: D31, C5
REFERENCES ▼
Balackij E. V. (2003). Analiz vlijanija nalogovoj nagruzki na jekonomicheskij rost s pomoshh'ju proizvodstvenno-institucional'nyh funkcij [Analysis of the tax burden impact on economic growth by using production-institutional functions]. Problemy prognozirovanija. №2. Р. 88–105. (In Russian)
Balackij E.V. (2004). Ocenka vlijanija finansovyh instrumentov na jekonomicheskij rost [Assessing the impact of financial instruments on growth]. Problemy prognozirovanija. №4. Р. 124–136. (In Russian)
De Bor K. (1985). Prakticheskoe rukovodstvo po splajnam [A Practical Guide to splines]. Moskva: Radio i svjaz'. 304 р. (In Russian)
Dougerti K. (2004). Vvedenie v jekonometriku [Introduction to Econometrics]. Moskva: INFRA-M. 432 р. (In Russian)
Zoidov K.H., Zoidov Z.K. (2012). Retrospektivnyj analiz i prognozirovanie ciklicheskih kolebanij makrojekonomicheskoj dinamiki Respubliki Tadzhikistan na osnove jekonometricheskih metodov [Retrospective analysis and forecasting macroeconomic dynamics of the cyclical fluctuations of the Republic of Tajikistan on the basis of econometric methods]. Moskva: CJeMI RAN. 341 р. (In Russian)
Gricenko A.A. (red.). (2008). Institucional'naja arhitektonika i dinamika jekonomicheskih preobrazovanij [Institutional architectonic and dynamics of economic transformations]. In-t jekonomiki i prognozirovanija NAN Ukrainy. Harkіv: Fort. 928 р. (In Russian)
Merkulova T.V. (2006). Institut naloga [Institute of Taxation]. Har'kov. 224 р. (In Russian)
Stiglic, Dzh. (2015). Cena neravenstva. Chem rassloenie obshhestva grozit nashemu budushhemu [The Price of Inequality: How Today's Divided Society Endangers Our Future]. Moskva: Jeksmo. 512 р. (In Russian)
Eggertsson T. (2001). Jekonomicheskoe povedenie i instituty [Economic behavior and institutions]. Moskva: Delo. 408 р. (In Russian)
Adams Richard H. (February 2002). Economic Growth, Inequality, and Poverty – Findings from a New Data Set. World Bank Policy Research Working Paper. № 2972. Аvailable at SSRN:
ssrn.com/abstract=636334. (In English)
Dollar D., Aart Kray. (2002). Growht is Good for the Poor. Journal of Economic growth. Vol. 7. P. 195–225. (In English)
MERKULOVA Tamara 1
1Kharkiv Karazin National University
Fairness, inequality and economic efficiency: analyses and modeling relationships
ABSTRACT ▼
Presented conclusions of a research based on the hypothesis of optimal income inequality: whatever deviations from the optimal level have negative consequences that result finally in decreasing the economic effect. The theoretical arguments in favor of this hypothesis are discussed. The author analyzes the neoclassic production function, in which the output elasticities of capital and labor are dependent quadratically on the inequality variable (coefficient Gini). The model allows finding the optimal inequality level that maximizes the economic effect (GDP). The conditions for the function parameters are defined and interpreted. The model has been tested with EU countries’ data.
Keywords: income differentiation, optimal income inequality level, economic efficiency, productioninstitutional function.
JEL: D31, C5
| Article in Russian (pp. 77 - 86) | Download | Downloads :227 |
| Article in Ukrainian (pp. 77 - 86) | Download | Downloads :252 |
REFERENCES ▼
1. Balackij, E.V. (2003). Analysis of the tax burden impact on economic growth by using production-institutional functions. Problemy prognozirovanija – Problems of forecasting, 2, 88-105 [in Russian].
2. Balackij, E.V. (2004). Assessing the impact of financial instruments on growth. Problemy prognozirovanija – Problems of forecasting, 4, 124-136 [in Russian].
3. De Bor, K. (1985). A Practical Guide to splines. Moscow: Radio i svjaz' [in Russian].
4. Dougerti, K. (2004). Introduction to Econometrics. Moscow: INFRA-M [in Russian].
5. Zoidov, K.H., Zoidov, Z.K. (2012). Retrospective analysis and forecasting macroeconomic dynamics of the cyclical fluctuations of the Republic of Tajikistan on the basis of econometric methods. Moscow: CJeMI RAN [in Russian].
6. Hrytsenko, A.A. (Ed.). (2008). Institutional architectonic and dynamics of economic transformations. NAS of Ukraine, Institute for economics and forecasting. Kharkiv: Fort [in Russian].
7. Merkulova, T.V. (2006). Institute of Taxation. Kharkiv [in Russian].
8. Stiglic, Dzh. (2015). The Price of Inequality: How Today's Divided Society Endangers Our Future. Moscow: Jeksmo [in Russian].
9. Eggertsson, T. (2001). Economic behavior and institutions. Moscow: Delo [in Russian].
10. Adams, Richard H. (2002, February). Economic Growth, Inequality, and Poverty – Findings from a New Data Set. World Bank Policy Research Working Paper, 2972. Retrieved from
ssrn.com/abstract=636334
11. Dollar, D., Aart, Kray. (2002). Growht is Good for the Poor. Journal of Economic growth, 7, 195-225. doi:
https://doi.org/10.1023/A:1020139631000">doi.org/10.1023/A:1020139631000">https://doi.org/10.1023/A:1020139631000№ 3/2017
MacroeconomicsIANTSEVICH A. -1, MERKULOVA Tamara 2
1Kharkiv Karazin National University
2Kharkiv Karazin National University
IMPACT OF PROGRESSIVE TAXATION ON INEQUALITY: ANALYZING THE INEQUALITY DEPENDENCE ON INCOME DISTRIBUTION PARAMETERS AND TAX PROGRESSION
| Ekon. teor. 2017; 3:23-38 | |
ABSTRACT ▼
The article presents an investigation of the direct influence of progressive tax on income distribution and inequality. The case of lognormal distribution and a tax power function is considered. The coefficient Gini is applied to measure income inequality. It is shown that given progressive tax function doesn’t change the initial income distribution law: it will be lognormal with parameters depending on initial distribution parameters, tax progression and non-taxable income. The obtained mathematical dependences allow analyzing each parameter’s influence on net income distribution and reducing inequality. It is found out that the dependence of Gini coefficient on tax progression is linear if the distribution parameter is a small values (a distribution has a small dispersion), and non-linear at big values. The applications of the obtained theoretical findings are presented with a case study on Ukraine.
Keywords:progressive income tax, lognormal distribution, income inequality, Gini coefficient
JEL: D31, C46
REFERENCES ▼
Merkulova, T.V. (2016). Spravedlyvist, nerivnist i ekonomichna efektyvnist: analiz ta modeliuvannia vzaiemozviazkiv [Justice, inequality and economic efficiency: analysis and modeling of interconnections]. Ekonomichna teoriia. № 4, 77–86. (In Ukrainian)
Moroz, K.V. (2016). Rozpodil hroshovykh dokhodiv naselennia Ukrainy: empirychnyi analiz z vykorystanniam lohnormalnoi funktsii [Monetary income distribution in Ukraine: empirical analysis using the lognormal function]. Visnyk Kharkivskoho natsionalnoho universytetu imeni v. N. Karazina. vyp. 91, 110–117. (Seriia: Ekonomichna) (In Ukrainian)
Stiglic, Dzh. A. (2015). Cena neravenstva: chem rassloenie obshhestva grozit nashemu budushhemu. [The price of inequality: How today's divided society endangers our future]: per. s angl. moskva: jeksmo. 512 p. (In Russian)
Antony, B. (1970). Atkinson. On the Measurement on Inequality. Journal of Economic Theory. № 2, 244–263.
Borge, Lars-Erik, J.Jorn Rattso. (2004). Income distribution and tax structure: Empirical test of the Meltzer-Richard hypothesis. European Economic Review. 48(4), 805–826.
Duncan, D., Sabirianova Peter, K. (2016). Unequal inequalities: Do progressive taxes reduce income inequality. International Tax and Public Finance. Vol. 23, issue 4, 762–783. URL:
link.springer.com/article/10.1007/s10797-016-9412-5.
Gionanny, Vecchi. Measuring, Inequality. 2008. URL:
siteresources.worldbank.org/PGLP/Resources/inequality_measurement.pdf.
Kuznets, S. (1955). Economic Growth and Income Inequality. American Economic Review. Vol. 45. No 1, 1–28.
Fanti, L., Manfredi, P. (2003). Progressive Income Taxation and Economic Cycles: a Multiplier-Accelerator Model. Discussion Papers del Dipartimento di Scienze Economiche. Universit? di Pisa. URL:
www-dse.ec.unipi.it/ricerca/discussion-papers.htm.
Mirrlees, J. A. (1971). An Exploration in the Theory of Optimum Income Taxation. Review of Economic Studies. 38(114), 175–208.
MERKULOVA Tamara 1, IANTSEVICH A. -2
1Kharkiv Karazin National University
2Kharkiv Karazin National University
Impact of progressive taxation on inequality: analyzing the inequality dependence on income distribution parameters and tax progression
ABSTRACT ▼
The article presents an investigation of the direct influence of progressive tax on income distribution and inequality. The case of lognormal distribution and a tax power function is considered. The coefficient Gini is applied to measure income inequality. It is shown that given progressive tax function doesn’t change the initial income distribution law: it will be lognormal with parameters depending on initial distribution parameters, tax progression and non-taxable income. The obtained mathematical dependences allow analyzing each pa-rameter’s influence on net income distribution and reducing inequality. It is found out that the dependence of Gini coefficient on tax progression is linear if the distribution parameter is a small values (a distribution has a small dispersion), and non-linear at big values. The applications of the obtained theoretical findings are presented with a case study on Ukraine
Keywords: progressive income tax, lognormal distribution, income inequality, Gini coefficient.
JEL: D31, C46
| Article in Russian (pp. 23 - 38) | Download | Downloads :532 |
| Article in Ukrainian (pp. 23 - 38) | Download | Downloads :474 |
REFERENCES ▼
1. Merkulova, T.V. (2016). Justice, inequality and economic efficiency: analysis and modeling of interconnections. Ekon. teor. – Economic theory, 4, 77-86 [in Ukrainian].
2. Moroz, K.V. (2016). Monetary income distribution in Ukraine: empirical analysis using the lognormal function. Visnyk Kharkivskoho natsionalnoho universytetu imeni V.N. Karazina. Seriia: Ekonomichna – Bulletin of Kharkiv National University named after V.N. Karazin. Series: Economical, 91, 110-117 [in Ukrainian].
3. Stiglitz, Joseph E. (2015). The price of inequality: how today’s divided society endangers our future. Moscow: Jeksmo. (Top Economics Awards) [in Russian].
4. Atkinson, Antony B. (1970). On the measurement of inequality. Journal of Economic Theory, 2, 244-263. doi:
https://doi.org/10.1016/0022-0531(70)90039-6">doi.org/10.1016/0022-0531(70)90039-6">https://doi.org/10.1016/0022-0531(70)90039-6
5. Borge, Lars-Erik, Rattso, J. Jorn (2004). Income distribution and tax structure: Empirical test of the Meltzer-Richard hypothesis. European Economic Review, 48(4), 805-826. doi:
https://doi.org/10.1016/j.euroecorev.2003.09.003">doi.org/10.1016/j.euroecorev.2003.09.003">https://doi.org/10.1016/j.euroecorev.2003.09.003
6. Duncan, D., Sabirianova, Peter K. (2016). Unequal inequalities: Do progressive taxes reduce income inequality. International Tax and Public Finance, 23: 4, 762-783. doi:
https://doi.org/10.1007/s10797-016-9412-5">doi.org/10.1007/s10797-016-9412-5">https://doi.org/10.1007/s10797-016-9412-5
7. Gionanny, Vecchi. (2008). Measuring, Inequality. Retrieved from
siteresources.worldbank.org/PGLP/Resources/inequality_measurement.pdf
8. Kuznets, S. (1955). Economic Growth and Income Inequality. American Economic Review, 45: 1, 1-28.
9. Fanti, L., Manfredi, P. (2003). Progressive Income Taxation and Economic Cycles: a Multiplier-Accelerator Model. Discussion Papers del Dipartimento di Scienze Economiche. Università di Pisa. Retrieved from
www.dse.ec.unipi.it/ricerca/ discussion-papers.htm
10. Mirrlees, J.A. (1971). An Exploration in the Theory of Optimum Income Taxation. Review of Economic Studies, 38(114), 175-208. doi:
https://doi.org/10.2307/2296779">doi.org/10.2307/2296779">https://doi.org/10.2307/2296779№ 1/9999
Institutional problems of economic developmentANUFRIEVA K. , MERKULOVA Tamara 1
1Kharkiv Karazin National University
test
| Ekon. teor. 9999; 1:999-999 | |
ABSTRACT ▼
JEL: setset
REFERENCES ▼
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English
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