COMPARATIVE ANALYSIS OF INSTITUTIONAL FACTORS INFLUENCING THE PUBLIC GOODS PRODUCTION

The purpose of this article is to elucidate the most important regularities of the institutional factors effect on accumulation and using of the budgetary resources for the public goods production in Ukraine and certain former socialistic countries. The theoreticmethodological framework of our research for the interaction of institutional factors and general budget concerning the public goods production was defined; forms of correlations between the institutional factors and revenues and expenditures of the general budget per capita was determined using the elasticity. It was revealed that the institutional factors are one of the most important internal sources for the improvement of mobilization and using of the budgetary resources for the public goods production in Ukraine and certain formersocialistic countries.