Assessing the GDP structure in global comparison

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

Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, 2011, vol. 59, issue 2, 213-220

Abstract: 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 (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:mup:actaun:actaun_2011059020213

DOI: 10.11118/actaun201159020213

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