The share of the economy - it is an indicator of the financial weight of any phenomenon

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In conducting economic analysis of any business professionals have to deal with a specific scorecard.One of them is the proportion.The economy is an indicator that reflects the weight of a financial phenomenon.

general definition

Economic indicators are micro model of the various phenomena in the financial sector as the state as a whole, as well as a business entity in particular.They are subject to various fluctuations and changes due to the reflection of the dynamics and contradictions of the processes, how can approach and move away from its core mission - evaluation and measurement of the specific nature of the economic phenomenon.That is why the analyst must always bear in mind the aims and objectives of the research, using indicators to measure various aspects of the business.

Among the many economic indicators, summarized into a system, you must identify the following:

  • kind and value, which depends on the measuring instruments;
  • qualitative and quantitative;
  • volume and unit.

That last type of indicators and will be given special attention in this article.

share of the economy

This is a relative measure and derived from its bulk counterparts.As a proportion of the production is considered to be one employee, the amount of inventories in days, the level of costs per ruble of sales and so on. N. It is also widely used and relative indicators such as the structure, dynamics and intensity of implementation of the plan of development.

share of the economy - it is the relative proportion of the individual elements in the sum of all its components.

as an important indicator of the relative value of coordination is considered to be considered as a comparison of individual structural parts of a whole.An example is the mapping in the passive part of the balance of the subject of managing debt and equity.

Thus, the share of the economy - it is an indicator, which is peculiar to some sense with their value for analysis and control.However, as with any relative index for it is characterized by a certain limitation.Therefore, the share of the economy, the calculation formula that is contained in any thematic textbook, it is appropriate to consider in conjunction with other economic parameters.This approach will enable to objectively and comprehensively conduct research business entities in a particular area.

method of calculating

answer to the question how to find the share of the economy is dependent on what it is necessary to consider the scope.In any case, the index is the ratio of private to general.For example, the share of income of value added tax in total tax revenue is calculated as the ratio of the VAT business entities to the total revenue from all taxes.Similarly, the calculated share of tax revenues in the revenue part of the federal budget, just as a private figure taken directly to income from taxes, and the total - the sum of all budget revenues for a specific period (eg, one year).

Unit

What is measured by the share of the economy?Of course, as a percentage.Unit follows from the very wording of the concept.It is a relative measure, so it is calculated as a fraction or percentage.

The value of the "specific weight" in the overall evaluation of the state's economy

As mentioned above, the share of the economy is characterized by its structure on various activities.For example, the sectoral structure shows the degree of openness of the economy of any country.The higher the proportion of basic industries such as metallurgy and energy, the lower the involvement of the state in the division of labor at the international level that are less openness of its economy as a whole.

Also, the degree of openness of the economy of any country is characterized by the share of exports in GDP (which is also a relative measure presented specific gravity).It is considered that for open economies export share exceeds 30% of GDP, closed economy - up to 10%.

however considered the share of exports in GDP is not the only indicator of open or closed economy.There are also other factors.As an example, export and import quotas, which are calculated using the ratio of finding the value of exports (imports) to GDP.

Summing up, it should be noted that the share of the various indicators in the economic system is an indicator of its successful operation, the structure of some of its activities can draw conclusions on opening or closing of the economy.In this analysis of the structure of any of the economic sphere will allow time to identify the factors that influence those or other indicators.