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COMPLEX TYPOLOGY OF THE RELATIONSHIP BETWEEN GDP AND ITS SOURCES

100%
Kotěšovcová J., Mihola J., Wawrosz P.
Ekonomický časopis (Journal of Economics)
|
2017
|
vol. 65
|
issue 10
935 – 951
EN
The article describes a complex typology of relations between GDP and its sources: Total factor productivity (TFP) and Total Input Factor (TIF). We analyse how possible changes in TFP and TIF affect GDP development. We give each situation a specific name that clearly explains it. Based on the analysis, the so-called dynamic parameters of intensity and extensity are introduced. The parameters quantify the share of the change in intensive and extensive factors in GDP change. The article further compares our typology with previous ones and discusses the advantages and disadvantages of the chosen parameters.
2

ANALÝZA VÝVOJE INTENZITY HRUBÉHO DOMÁCÍHO PRODUKTU ČESKÉ REPUBLIKY A SLOVENSKÉ REPUBLIKY

84%
Mihola J., Wawrosz P.
Ekonomický časopis (Journal of Economics)
|
2015
|
vol. 63
|
issue 8
775 - 794
EN
The article presents an alternative method to growth accounting. It makes it possible to express the effect of change in the quantity of inputs as well as the effect of the productivity of inputs (i.e. technological changes) on the change of GDP for all possible typologies of input/output changes. Dynamic parameters of intensity and extensity could be delivered as the output of the method. The first one captured the effect of change in the summary productivity factors, while the latter captures changes in the input quantity. The dynamic parameters were calculated for the development of GDP of the Czech Republic and the Slovak Republic in the period 1990 – 2014.The results confirm more intensive Slovak development in the given period that is manifested in reaching of Czech value of GDP per capita expressed in purchasing power parity (PPS).
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