The structuring of components of the net domestic product according to the innovation criterion

Serhiy Kozmenko, Vasil’yeva, Tetyana and Serhiy Leonov

MPRA Paper from University Library of Munich, Germany

Abstract: The article studies the additional multiplier effects, which the economic system can receive from the realization of a sound innovation policy, which should be considered during the assessment of microeconomic indicators of the economic growth. The methodology for the structuring of the NDP components by the criterion of innovation receives further development, which makes it possible to prove the importance of the innovative orientation in the components of consumer expenditures and availability of different tendencies in the consumption of traditional and innovative goods and services; to carry out the structuring of state expenditures by the criterion of innovation; to develop the mechanism of innovative orientation assessment of the net export; to research the factors of demand formation for innovatively and traditionally-oriented investments; to prove the existence of a cyclic feedback between the volume of every kind of investment and certain factors forming the demand; to define the conceptual areas of innovation components during the calculation of NDP.

Keywords: NDP; innovation criterion; innovation- and traditionally-oriented investments. (search for similar items in EconPapers)
JEL-codes: M30 M31 (search for similar items in EconPapers)
Date: 2010-12-27
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Published in Innovative Marketing 4.6(2010): pp. 30-41

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