Information on the thesis

Thesis  for  a  Candidate  Degree  of  Economic  Sciences  on  Speciality  08.00.01  –
economic theory and history of economic thought. – Ivan Franko National University of Lviv,
Lviv, 2015.
In  the  first  section  of  the  thesis  the  essence,  the  main  forms  and  functions  of
distribution of income in transitional economies are considered, indissoluble relation between
the functional distribution of national income and institutional environment is specified. The
evolution of concept “institute” and elucidated the views of scientists on a role of the state and
its institutional environment in production together with distribution of income between its
factors is tracked.
The important place in the section is devoted to the analysis of the evolution of views
on functional distribution of income in world economic science. The conclusion that there is
no  single  theory,  which  would  explain  the  mechanism  of  income  distribution  between
production factors in the unsteady economic systems more exhaustively, is drawn. Therefore,
it is necessary to use different approaches to explanation and structuring of this mechanism.
The  wide  arsenal  of  theoretical  tools  necessary  for  implementation  of  the  macroeconomic
analysis of income distribution in transformational economies is offered.
The second section of the thesis is devoted to research of a wage as main form of the
income of employees and analysis of changes, which occurred in the structure of the nominal
income of the population of Ukraine. We assumed that only two factors – work and the capital
participate  in  creation  of  net  income  and  other  factors  are  anyway  included  in  these  two.
Based on that it is estimated the balance of the labor and the capital markets in the certain
Post-Soviet countries through calculation of the equilibrium prices of factors of production
and deviations of the actual prices from them. The conclusion is drawn that in these countries
there is an exploitation of employees, thus in Ukraine is the highest level of exploitation.
It  is  proved  that  the  institutional  factor  and  social  infrastructure  have  a  significant
impact  on  production  and  distribution  of  the  national  income.  Emphasis  is  laid  on  that
researches  of  scientists  confirm  the  need  to  consider  in  the  analysis  of  national  income
distribution together with the labor and the capital also an institutional factor which is equal to
these traditional factors.
In the third section approaches to improvement of the institutional and macroeconomic
environment  as  main  condition  to  improvement  of  functional  distribution  of  income  are
revealed. The possibility of approximate estimation of development level of institutes in the
state by means of comparison of optimal and actual average tax rates is proved. Improved
functional model of dependence of tax revenues in the state budget from a cumulative tax rate
is  offered.  In  the  thesis  it  is  calculated  Laffer’s  points  of  the  first  and  the  second  sort  for
domestic  economy  by  means  of  econometric  methods  with  the  use  of  production  and
institutional  functions,  which  together  with  the  resource  factors  of  economic  development
consider  institutional  climate  in  the  country,  on  the  basis  of  that  the  corresponding
conclusions are drawn.
The  world  experience  of  improvement  of  functional  distribution  of  income  is
generalized  and  opportunities  and  ways  of  its  application  in  Ukraine  are  designated.  The
conclusion is drawn that there is need of active intervention of the state to the sphere of the
distributive  relations  to  reduce  the  differentiation of  the  income  due  to  wage  increase  and
social  payments,  enlarge  a  circle  of  employees  with  high  tendency  to  consumption  or
investment. The rates of real wages of employees have to increase at the same pace as labor
productivity.
Key  words:  functional  distribution  of  income,  factors  of  production,  production
function,  production  and  institutional  function,  institute,  labor  market,  capital  market,
equilibrium wage, equilibrium rate of return, tax rate.