Published in Scientific Papers. Series E. Land Reclamation, Earth Observation & Surveying, Environmental Engineering, Vol. XI
Written by Oleksandr CHUMACHENKO, Ivan OPENKO, Yevheniia KRYVOVIAZ, Oleksiy ZHUK
This article provides an in-depth analysis of the calculation of gross domestic product (GDP) by the production method which is based on gross value added by type of economic activity. The dynamics of indicators that determine the directions of state economic policy is studied. Multi-vector use of GDP, creates a basis for financial support from the IMF, the Maastricht convergence criteria, the forecast of public defense spending. Assessing the contribution of each type of economic activity and each institutional sector of the economy to the creation of GDP, the study identified the following types of economic activity: agriculture; forestry; industry; construction; trade, transport; IT field; financial and insurance activities; scientific and technical, administrative activities; public administration, defense, education, health care and social services; other services (taxes, arts, entertainment and recreation). An important stage of the study was to find the relationships between economic indicators of profitability (average GDP per unit area) and the use of land resources, considering the institutional sectors of the economy. The analysis shows the level of dependence of the income of a particular sector of the economy on the area of land use involved in the formation of national economic benefits. Dependences of profitability of economic sectors on land resource potential are revealed. It is established that to ensure high economic indicators (GDP indicators), it is necessary to develop economic sectors that have a significant impact on the formation of national wealth.
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