The regularity of the country’s GDP growth rate changes influence on the volume of gross fixed capital formation
Journal Title: Часопис соціально-економічної географії - Year 2016, Vol 21, Issue 2
Abstract
The regularity of a country’s GDP growth rate changes affecting capital investment volume into its economy for countries with a different economic state was proposed. One of the features of this regularity is as follows: there is an obvious increase of capital investment providing that GDP growth rate exceeds a certain threshold. Moreover, this increase occurs at any changes of the GDP growth rate of the above-threshold region. For the first time, this regularity was discovered in 2005 for the European transition economy countries. The objective of this work is to test the regularity of GDP’s growth rate change influence on the volume of Gross fixed capital formation for countries with different levels of economic state within the period 1995 – 2013. To achieve the goal, the economic processes taking place in 35 countries around the world were analyzed. The verified result of the analyzed economies demonstrated a high rate of correspondence. On average, in 93.52 % of cases of the economies of the countries analyzed the capital formation was held according to the regularity. In 14 of the 35 countries, investment processes came up to it. Moreover, with the growth of the period considered compared to the previous study, the corresponding percentage rose from 90.7 to 93.52 despite the world crisis.
Authors and Affiliations
Igor Kononenko, Anton Repin
Atlas use in teaching geography in higher education in the U.S. and Canada
Skills in map use and interpretation are important in geography education. Atlases represent special collections of maps that can be beneficial for developing map use and interpretation and spatial analysis skills in geo...
Ecological paradigm of cities in post-Brundtland era: challenges of conserving historic urban landscapes as living cities
Sustainability has been a pressing, complex, and challenging agenda for urbanists. Its focus turns on wider issues of envi-ronment and societies thus broadening the concept defined in the Brundtland report. Eco-city, eco...
Sustainable development, noosphere and spatial organization of society in the subject field of sociaty geography
The article is devoted to the noospherical evolution of the spatial organization of society. One of the main noospherical provisions of HomoSapiens ecology is the fact that this species is an equal participant in the nat...
Geographic information system of evaluation and management of regional natural-resources potential
Ukraine's transition to sustainable development requires a review of the conceptual foundations of methods of analysis of environmental and natural resource information and guidelines for the preparation of administrativ...
Travel and tourism in the USA: industry development trends
The travel and tourism industry has evolved over the past six decades into one of the world’s most significant economic sectors. Travel and tourism are critical to the American economy. This growing industry offers signi...