The Influence Of The Gross Regional Product On The Formation Of The Financial Potential Of The Region


1 Finance Department, National University of Life and Environmental Sciences of Ukraine, Kyiv, Ukraine.

2 Global economy Department , National University of Life and Environmental Sciences of Ukraine, Kyiv, Ukraine.

3 University of State Fiscal Service of Ukraine, Irpin , Ukrain.

4 Department of Analysis and Statistics, Vinnitsa National Agrarian University, Vinnitsa, Solar


The relevance of the research topic is due to the fact that in the current economic conditions, the availability of sufficient financial resources in the regions of Ukraine is a prerequisite for the formation of their strong financial potential and the basic basis for ensuring sustainable economic development of the regions. Therefore, the issues of shaping and enhancing the financial capacity of the region, as well as improving the efficiency of the use of available resources, are of particular importance today. In the work a comparative analysis of the dynamics of the financial potential of the region with the help of statistical-accounting and indicative methods is carried the process of research, scientific methods were used: induction and deduction - in assessing the volume of financial potential and its effectiveness; statistical analysis - in the process of analyzing the financial potential of the region; economic and mathematical modeling - to substantiate strategic directions of formation of financial potential of the region. The result of the study is clearly defined tendencies of economic development of the regions of Ukraine on the basis of their financial potential and reasons for deepening differentiation of development.

Graphical Abstract

The Influence Of The Gross Regional Product On The Formation Of The Financial Potential Of The Region


Abuselidze G., Mamaladze L. (2019). U.S-Turkey Crisis and Its Impact on the Economy of the Black Sea Region. EDP Sciences, 135, 03077. doi:10.1051/e3sconf/201913503077
Babenko V., Sidorov V., Savin R. (2018) Activity of agroholdings in the world market of agricultural products in the context of globalization. Bulletin of V.N. Karazin Kharkiv National University. Series: International Relations, Economics, Country Studies, Tourism. № 8. Pp. 101-106. doi: 24.26565/231095132018811
Boronos V. G. (2011) Methodological principles of management of the financial potential of the territory: a monograph.  Sumy: Sumy State University. 
Butko M., Zelensky S., Akimenko O. (2005). The current problem of evaluatinginvestment attractiveness of the region. Ukraine economy. 11. 30–37.
Chuzhikov V.I. (2008) Global regionalism: history and modern methodology: monograph.  K .: KNEU.
Davydenko N.M., Buryak M.I. (2019) Development of the financial potential of Ukrainian regions in the context of decentralization. K.: Comprint Central Bank,
Davydenko, N., Вuriak, A., Titenko, Z (2019). Financial support for the development of innovation activities. Intelellectual Economics.2019. 13 (2), 144 – 151
Fedosov, V., Oparin, V., & Lovochkin, S. (2002) Finansial restructuring  in Ukraine: problems and direction. Kyiv.: KNEU.
Fradinsky, O. A. (2010) The concept of tax burden and approaches to its definition.  Bulletin of Khmelnitsky National University, 2010, 1 (1), 79–82.
Kosozoriv  M.A (2012) Financial potential of the region: mechanisms of formation and use: Monograph. Lviv.
Kozoriz M., Storonyanska I. (2011) Conceptual principles of financial potential management in the region. Economist. 5.  24-27
Krupka M.I. (2001). Financial and creditmechanical developmentof the economy of Ukraine. Lviv: The center of the Lviv National University. Ivan Franko.
Lemishko О. (2017). Tax policy tools used to stimulate agriculture: their implementation and effectiveness. Economic Annals-XXI. 167, (9-10), 18-22. DOI:
Melnyk V.I. (2012) Financial independence and development of the region. Business Inform. 11, 96-99.
Nehrey M., Kaminskyi A., Komar M. (2019). Agro-economic models: a review and directions for research. Periodicals of Engineering and Natural Sciences, 7(2), 702-711.
Onishko S.V. (2017) Innovative orientation as a benchmark for increasing the financial potential of socio-economic development. Scientific Notes of the National University of Ostroh Academy Economy Series.  7 (35), 60-64.
Onishko S.V. (2003)  Financial potential of innovative economic development. Finance of Ukraine.  6, 67-74.
Perevozova I., Babenko V., Kondur O., Krykhovetska Z. and Daliak N. (2019)  Financial support for the competitiveness of employees in the mining industry. SHS Web of Conferences. 65, 1-6. doi:
Prokopenko N., Gudz O., Tymoshenko N. (2018) Fiscal modifications in Ukraine in european integration conditions. Financial-credit activity: problems of theory and practice.  2, 178-190.
Skrypnyk A., Nehrey M. (2015). The formation of the deposit portfolio in macroeconomic instability. CEUR Workshop Proceedings. 1356, 225-235.