Economics and management of national economy

Gross domestic product in the categories of production, income and end use

Economic Annals-XXI

Economic Annals-ХХI: Volume 160, Issue 7-8, Pages: 35-38

Citation information:
Steblianko, I. (2016). Gross domestic product in the categories of production, income and end use. Economic Annals-XXI, 160(7-8), 35-38. doi: https://doi.org/10.21003/ea.V160-07

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Iryna Steblianko
PhD (Economics),
Associate Professor,
Oles Honchar Dnipropetrovsk National University
72 Gagarin Ave., Dnipro, 49000 Ukraine
irinast23@mail.ru

Gross domestic product in the categories of production, income and end use

Abstract. Introduction. The ongoing crisis in the social, economic, military and political domain in Ukraine has resulted in the reduction of real gross domestic product (GDP), with increasing negative structural shifts in its shaping and distribution.

Purpose. To identify consistent patterns of dynamics, qualitative and quantitative changes in the GDP structure by the category of production, income and end use.

Methods. Systemic approach, elimination, analysis and synthesis, evaluation of dynamics structure.

Results. The author has analysed the dynamics of nominal and real GDP of Ukraine (Q1 2013 – Q2 2015). The calculation of GDP by the production method determined the most significant types of economic activity, while its assessment by end use categories revealed the inefficient structure of the national economy with prevailing consumer spending, poor gross accumulation, and negative balance for export and import of goods and services. The dynamics of the GDP structure by income category mirrors the real reduction of the household income and the growing tax burden.

Conclusion. Recommendations as to increasing GDP and improving its structure were developed. It has been suggest that the gross accumulation should be increased on an innovative basis, especially in the agricultural and industrial sector; the tax burden should be evenly distributed among the factors of production, based on differential characteristics of the national economy branches; and the conditions for growth of real household income should be created.

Keywords: Gross Domestic Product; Income; Production; End Use; Household; Ukraine

JEL Classіfіcatіon: D20; D24; E20; E21; E27; L11; P44

DOI: https://doi.org/10.21003/ea.V160-07

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Received 10.05.2016

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