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自动化与信息科学期刊
SJR: 0.232 SNIP: 0.464 CiteScore™: 0.27

ISSN 打印: 1064-2315
ISSN 在线: 2163-9337

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自动化与信息科学期刊

DOI: 10.1615/JAutomatInfScien.v31.i11.180
pages 118-121

Dynamics of Capital, Discount Rate and Output According to the Levels of Taxation and Budget Overbalance

Vasiliy M. Gorbachuk
V.M. Glushkov Institute of Cybernetics of National Academy of Sciences of Ukraine, Kiev

ABSTRACT

The dynamic open economic system with capital growth equal to the investment without amortization is considered. Under the positive real rate it is shown that capital decreases with growing of the taxation level and increases with the growth of the budget overbalance, while the real discount rate exhibits the opposite tendency. It was also shown that the output is increasing the growth of the budget overbalance, but has ambiguous behavior with respect to thelevel of tax growth, which depends on the discount rate changing speed.