IDEAS home Printed from https://ideas.repec.org/a/ksp/journ2/v2y2015i2p123-126.html
   My bibliography  Save this article

Features of Formation of the National Income

Author

Listed:
  • Sergey Alexandrovich SURKOV
  • Ellen G. TROFIMOVA

    (International Institute of Management, RUSSIA.)

Abstract

Significant indicator of economic progress of the country is the specific income per capita. Experts consider such indicator important from the point of view of forecasting of economic development. Influence of various factors is presented in references, but influence of psychological indicators, in particular, influence of personal characteristics of the population isn't considered. On material of the population of various countries of the world features of formation of the national specific income per capita are considered. The assumption that a measure of professional qualities is linear superposition of level of competence, creative abilities and specific national wealth is made. For simplification of the analysis the sum of these indicators were used as a superposition prototype to a first approximation. It is established that the sum of competence-based indicators, factors of creative opportunities and an indicator of national wealth per capita forms a specialized indicator. It is revealed that this indicator is connected with specific GNP per capita on dependence with high coefficient of correlation. Dependence linearization increases this coefficient to 0.949. It is established that in process of the movement in a zone of the countries with more considerable development of economy, influence of this indicator increases as dependence in an initial look has square character.

Suggested Citation

  • Sergey Alexandrovich SURKOV & Ellen G. TROFIMOVA, 2015. "Features of Formation of the National Income," Turkish Economic Review, KSP Journals, vol. 2(2), pages 123-126, June.
    • Handle: RePEc:ksp:journ2:v:2:y:2015:i:2:p:123-126
    as

    Download full text from publisher

    File URL: http://www.kspjournals.org/index.php/TER/article/download/167/453
    Download Restriction: no
    File URL: http://www.kspjournals.org/index.php/TER/article/view/167
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Christian Daude & Eduardo Fernandez-Arias, 2010. "On the Role of Productivity and Factor Accumulation in Economic Development in Latin America and the Caribbean," Research Department Publications 4653, Inter-American Development Bank, Research Department.
    2. Christian Daude, 2010. "Innovation, Productivity and Economic Development in Latin America and the Caribbean," OECD Development Centre Working Papers 288, OECD Publishing.
    3. Christian Daude & Eduardo Fernandez-Arias, 2010. "On the Role of Productivity and Factor Accumulation in Economic Development in Latin America and the Caribbean," Research Department Publications 4653, Inter-American Development Bank, Research Department.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Mendez-Guerra, Carlos, 2020. "Labor Productivity, Capital Accumulation, and Aggregate Efficiency Across Countries: New Evidence for an Old Debate," MPRA Paper 99268, University Library of Munich, Germany.
    2. Peter Paz & Carlos Urrutia, 2015. "Economic Growth and Wage Stagnation in Peru: 1998–2012," Review of Development Economics, Wiley Blackwell, vol. 19(2), pages 328-345, May.
    3. Vivarelli, Marco, 2018. "Globalisation, structural change and innovation in emerging economies: The impact on employment and skills," MERIT Working Papers 2018-037, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    4. Vivarelli, Marco, 2014. "Structural Change and Innovation as Exit Strategies from the Middle Income Trap," IZA Discussion Papers 8148, Institute of Labor Economics (IZA).
    5. Carlos Gustavo Machicado Salas, 2018. "De Las Causas Próximas A Las Causas Profundas Del Crecimiento Económico De Bolivia Entre 1950 Y 2015," Development Research Working Paper Series 09/2018, Institute for Advanced Development Studies.
    6. Marcelo Selowsky & Claudio Loser, 2015. "Improving Microeconomic Efficiency of Latin American Economies," Global Journal of Emerging Market Economies, Emerging Markets Forum, vol. 7(2), pages 121-149, May.
    7. Juan Blyde & Christian Daude & Eduardo Fernández-Arias, 2010. "Output collapses and productivity destruction," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 146(2), pages 359-387, June.
    8. Úbeda, Ricardo & Alsua, Carlos & Carrasco, Nelson, 2015. "Purchasing models and organizational performance: a study of key strategic tools," Journal of Business Research, Elsevier, vol. 68(2), pages 177-188.
    9. José Ernesto López Córdova & Juan Rebolledo Márquez Padilla, 2016. "Productivity in Mexico: Trends, Drivers and Institutional Framework," International Productivity Monitor, Centre for the Study of Living Standards, vol. 30, pages 28-42, Spring.
    10. Marco Vivarelli, 2015. "Structural Change and Innovation in Developing Economies: A Way Out of the Middle Income Trap ?," LEM Papers Series 2015/09, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
    11. Mendez-Guerra, Carlos, 2014. "On the Development Gap between Latin America and East Asia: Welfare, Efficiency, and Misallocation," MPRA Paper 62588, University Library of Munich, Germany.
    12. Glawe, Linda & Wagner, Helmut, 2020. "China in the middle-income trap?," China Economic Review, Elsevier, vol. 60(C).
    13. Osvaldo Lagares, 2016. "Capital, Economic Growth and Relative Income Differences in Latin America," Discussion Papers 16/03, Department of Economics, University of York.
    14. Roberto Álvarez & Claudio Bravo-Ortega & Andrés Zahler, 2015. "Innovation and Productivity in Services: Evidence from Chile," Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 51(3), pages 593-611, May.
    15. Guillermo Perry & Alejandro Forero, 2014. "Latin America: The Day After Is this Time Different?," Documentos CEDE 12344, Universidad de los Andes, Facultad de Economía, CEDE.
    16. Grazzi, Matteo & Pietrobelli, Carlo & Szirmai, Adam, 2015. "The performance of firms in Latin America and the Caribbean: Microeconomic factors and the role of innovation," MERIT Working Papers 2015-041, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    17. Marco Vivarelli, 2014. "The Middle Income Trap: A Way Out Based on Technological and Structural Change," DISCE - Quaderni del Dipartimento di Scienze Economiche e Sociali dises1403, Università Cattolica del Sacro Cuore, Dipartimenti e Istituti di Scienze Economiche (DISCE).
    18. Guzmán Ourens, 2020. "The long-term impact of trade with firm heterogeneity," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 156(4), pages 887-919, November.
    19. Hildegart Ahumada & Eduardo Cavallo & Santos Espina-Mairal & Fernando Navajas, 2022. "Sectoral Productivity Growth, COVID-19 Shocks, and Infrastructure," Economics of Disasters and Climate Change, Springer, vol. 6(1), pages 1-28, March.
    20. Murat Ungor, 2017. "Productivity Growth and Labor Reallocation: Latin America versus East Asia," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 24, pages 25-42, March.

    More about this item

    Keywords

    Specific GNP per capita; Competence; Ccreative abilities; Specific national wealth per capita.;
    All these keywords.

    JEL classification:

    • A10 - General Economics and Teaching - - General Economics - - - General
    • C00 - Mathematical and Quantitative Methods - - General - - - General
    • E25 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Aggregate Factor Income Distribution
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ksp:journ2:v:2:y:2015:i:2:p:123-126. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Bilal KARGI (email available below). General contact details of provider: http://www.kspjournals.org .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.