The subject of the research is the approach to the possibility of using the Solow
model to perform the regression analysis on the example of the Ukrainian economy
model. The purpose of writing this article is to investigate the notion of regres-
sion analysis, Solow’s economy model, algorithm for performing regression analy-
sis on the example of Ukraine’s economy model. This model can be adapted for the
economy of enterprises. Methodology. The research methodology is system-struc-
tural and comparative analyzes (to study the structure of GDP); monograph (when
studying methods of regression analysis on the example of the Ukrainian economy);
economic analysis (when assessing the impact of factors on Ukraine’s GDP). The
scientific novelty consists the features of the use of the Solow model on the ex-
ample of Ukrainian economy are determined. An algorithm for calculating the
basic parameters of a model using the Excel application package is disclosed. The
main recommendations on the development of the national economy and economic
growth through the use of macroeconomic instruments are given. Conclusions. The
use of the Solow model enables forecasting and analysis. The results obtained re-
vealed the problem of low resource return of capital as a resource, along with the
means of macroeconomic regulation of the investment process, using which can
improve the situation. A special place in these funds belongs to the accelerated
depreciation and interest rate policies.
Financial inclusiveness and economic growth: new evidence using a threshold regression analysis
