KFU. Card publication. Measurement of growth factors of gross domestic product

KAZAN
FEDERAL UNIVERSITY

- RUS
- 中文
- ES

MEASUREMENT OF GROWTH FACTORS OF GROSS DOMESTIC PRODUCT

Form of presentation

Articles in international journals and collections

Year of publication

2017

Язык

английский

Authors, employees of KFU

Grigoreva Ekaterina Anatolevna, author

Kadochnikova Ekaterina Ivanovna, author

Polovkina Elvira Anasovna, author

Bibliographic description in the original language

Kadochnikova E.I, Polovkina E.A, Grigoreva E.A. Measurement of growth factors of gross domestic product // Astra Salvensis. - 2017. - Vol. 2017, Is.. - P. 149-156.

Annotation

The authors draw attention to the uneven impact of such main macroeconomic predictors as unemployment, investment, oil prices on economic growth in time. The article confirms the dependence of the gross domestic product on these factors, however, it reflects the low elasticity of the dependent variable. The article emphasizes the need to develop analysis and modeling of gross domestic product on the basis of econometric methods. Thus, the article describes the methodological approach to the econometric analysis of the factors affecting the gross domestic product based on multiple regression. Empirical evaluations performed in the Gretl software confirmed their feasibility in order to control both the analytical work of corporations and public services to create and disseminate macroeconomic knowledge. The study showed a statistically significant relationship of investment and gross domestic product at the coincidence of these phenomena in time and, what is paradoxical, proved no correlation when including a factor of investments in the model as lagging predictor variables. The close causal relationship between investment and economic growth is widely recognized.

Keywords

economic growth, gross domestic product, econometric analysis, Influence factors, elasticity

The name of the journal

Astra Salvensis

URL

https://www.scopus.com/inward/record.uri?eid=2-s2.0-85040909696&partnerID=40&md5=7c1940fe762024bab9d2517e61b7d83b

Please use this ID to quote from or refer to the card

https://repository.kpfu.ru/eng/?p_id=175538&p_lang=2

Full metadata record

Field DC	Value	Language
dc.contributor.author	Grigoreva Ekaterina Anatolevna	ru_RU
dc.contributor.author	Kadochnikova Ekaterina Ivanovna	ru_RU
dc.contributor.author	Polovkina Elvira Anasovna	ru_RU
dc.date.accessioned	2017-01-01T00:00:00Z	ru_RU
dc.date.available	2017-01-01T00:00:00Z	ru_RU
dc.date.issued	2017	ru_RU
dc.identifier.citation	Kadochnikova E.I, Polovkina E.A, Grigoreva E.A. Measurement of growth factors of gross domestic product // Astra Salvensis. - 2017. - Vol. 2017, Is.. - P. 149-156.	ru_RU
dc.identifier.uri	https://repository.kpfu.ru/eng/?p_id=175538&p_lang=2	ru_RU
dc.description.abstract	Astra Salvensis	ru_RU
dc.description.abstract	The authors draw attention to the uneven impact of such main macroeconomic predictors as unemployment, investment, oil prices on economic growth in time. The article confirms the dependence of the gross domestic product on these factors, however, it reflects the low elasticity of the dependent variable. The article emphasizes the need to develop analysis and modeling of gross domestic product on the basis of econometric methods. Thus, the article describes the methodological approach to the econometric analysis of the factors affecting the gross domestic product based on multiple regression. Empirical evaluations performed in the Gretl software confirmed their feasibility in order to control both the analytical work of corporations and public services to create and disseminate macroeconomic knowledge. The study showed a statistically significant relationship of investment and gross domestic product at the coincidence of these phenomena in time and, what is paradoxical, proved no correlation when including a factor of investments in the model as lagging predictor variables. The close causal relationship between investment and economic growth is widely recognized.	ru_RU
dc.language.iso	ru	ru_RU
dc.subject	economic growth	ru_RU
dc.subject	gross domestic product	ru_RU
dc.subject	econometric analysis	ru_RU
dc.subject	Influence factors	ru_RU
dc.subject	elasticity	ru_RU
dc.title	Measurement of growth factors of gross domestic product	ru_RU
dc.type	Articles in international journals and collections	ru_RU