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Assessing the GDP structure in global comparison

Author

Listed:
  • 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)

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.

Suggested Citation

  • Milan Palát & Alois Kunc, 2011. "Assessing the GDP structure in global comparison," Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, Mendel University Press, vol. 59(2), pages 213-220.
    • Handle: RePEc:mup:actaun:actaun_2011059020213
    DOI: 10.11118/actaun201159020213
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    References listed on IDEAS

    as
    1. John J. Heim, 2008. "The Consumption Function," Rensselaer Working Papers in Economics 0805, Rensselaer Polytechnic Institute, Department of Economics.
    2. Martin Mandel & Vladimír Tomšík, 2003. "Spotřební funkce a princip Ricardovské ekvivalence v malé otevřené ekonomice [The consumption function and Ricardian equivalence in a small open economy]," Politická ekonomie, Prague University of Economics and Business, vol. 2003(4), pages 517-532.
    Full references (including those not matched with items on IDEAS)

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