BUDGETARY IMBALANCES IN THE DEVELOPMENT OF THE REGIONS IN UKRAINE: CONVERGENCE OR DIVERGENCE

In order to establish the convergence or divergence in the budgetary policy of Ukraine by using econometric analysis, in the article there is proposed to explore budgetary imbalances of the regional development of Ukraine by the key revenues and expenditure items. While using the assessment tools of σ-convergence and the models of absolute -convergence in the study, a deep analysis of the implementation of budgetary policy was carried out, which indicated: a) the existence of regional inequalities in Ukraine for 2006-2013; b) the inability to establish synonymous judgments of convergence or divergence of budgetary policy in Ukraine; c) the difference in the rates of growth is unable to reduce "the lag of poor" regions from "the rich"; d) the convergence of budgetary policy is minimal, which indicates that the current budgetary mechanisms of provision of regional development do not help to reduce the differentiation.