Acta Univ. Agric. Silvic. Mendelianae Brun. 2011, 59(2), 213-220 | DOI: 10.11118/actaun201159020213

Assessing the GDP structure in global comparison

Milan Palát, Alois Kunc
Ústav ekonomie, Mendelova univerzita v Brně, 613 00 Brno, Česká republika

The paper deals with identifying relationships between the household consumption and the GDP on the selected sample of countries of the world. It provides an analysis of the GDP structure and its development and, on the basis of available statistic data, carries out evaluation of the development of the GDP structure from the point of view of the expenditure method of its estimating in the selected sample of the world countries. In this respect, the validity of a hypothesis is also verified that countries with higher GDP per capita reach the lower proportion of consumption in the total GDP than countries with a lower GDP per capita, namely at the global comparison on the more heterogeneous sample of countries than analyses published so far.

Keywords: gross domestic product, household consumption, regression analysis, global comparison
Grants and funding:

The paper was prepared thanks to the support from MSM 6215648904 "Česká ekonomika v procesech integrace a globalizace a vývoj agrárního sektoru a sektoru služeb v nových podmínkách evropského integrovaného trhu".

Received: December 17, 2010; Published: July 7, 2014  Show citation

ACS AIP APA ASA Harvard Chicago IEEE ISO690 MLA NLM Turabian Vancouver
Palát, M., & Kunc, A. (2011). Assessing the GDP structure in global comparison. Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis59(2), 213-220. doi: 10.11118/actaun201159020213
Download citation

References

  1. ARLT, J., 2001: Analýza spotřební funkce v podmínkách ČR. Praha: Česká národní banka, Sekce Měnová. ISBN 80-238-7993-6.
  2. HAYES, M., 2006: The Economics of Keynes: A New Guide to The General Theory.Northampton: Edward Elgar Publishing. ISBN 1-84720-082-6. Go to original source...
  3. HEIM, J., j., 2010: The Consumption Function 2010 [cit. 2010-10-14]. Cited from:
  4. HINDLS, R., HRONOVÁ, S., SEGER, J., 2003: Statistika pro ekonomy. Praha: Professional publishing. 417 pp. ISBN 80-86419-34-7.
  5. CHATTERJEE, S., 2010: The Peopling of Macroeconomics: Macroeconomics of Aggregate Consumer Expenditures [cit. 2010-10-14]. Cited from:
  6. KRAFT, J., 2008: Vzájemná vazba změn HDP, spotřeby a investic. [cit. 2010-10-14]. Cited from:
  7. MANDEL, M., TOMŠÍK, V., 2003: Spotřební funkce a princip ricardovské ekvivalence v malé otevřené ekonomice. Praha: Vysoká škola ekonomická v Praze, Politická ekonomie, roč. 51, č. 4, s. 517-532. ISSN 0032-3233. Go to original source...
  8. MASON, R., LIND, D., 1990: Statistical Techniques in Business and Economics. Boston: Irwin, 1990. 910 pp. ISBN 0-256-07696-0.
  9. NATIONMASTER. 2010: GDP and its structure [cit. 2010-10-14]. Cited from:
  10. SEGER J. et al., 1998: Statistika v hospodářství. Praha: ECT Publishing. 636 s. ISBN 80-86006-56-5.

This is an open access article distributed under the terms of the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License (CC BY NC ND 4.0), which permits non-comercial use, distribution, and reproduction in any medium, provided the original publication is properly cited. No use, distribution or reproduction is permitted which does not comply with these terms.