Bìznes Inform (Oct 2018)
The Methodical Approach to Evaluation of the Current Status of Industry of Ukraine
Abstract
The article develops a methodical approach to evaluation of the current status of industry of Ukraine on the basis of multifactorial analysis. For clarification of tendencies of development and problems of industrial complex of Ukraine the structure of gross added value is researched according to types of economic activity in market prices during 2010–2017 using the quarterly statistical data related to industrial branches. A correlation analysis of gross domestic product and gross value added is carried out by types of economic activity of industry. A very high dependence of the value of gross domestic product on the results of economic activity in all directions of industrial production is indicated. Resulting from the approximation using the polynomial trend, it is determined that gross value added of all directions of economic activity of industry together with gross domestic product are functionally dependent on the time. It is concluded that the proposed methodical approach to evaluation of the current status of industry of Ukraine on the basis of multifactorial analysis provides not only to determine the influence of gross value added of each of the directions of economic activity of industry, but also to identify how quickly Ukraine’s GDP reacts to a crisis or stabilization of all sectors of the country’s economy.
