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Analysis of gross domestic product and gross national product in the CR: Comparison of the GDP and GNP of CR
Pánková, Michaela ; Janíčko, Martin (advisor) ; Mirvald, Michal (referee)
The bachelor thesis is focused on the gross domestic and gross national product in the Czech Republic and to the comparison of the composition of these elementary indicators of economic activity. At first the theory behind the aggregates is presented. The predicative value of HDP and HNP is explained, it is then touched upon what the methodological problems of their determination are, their possible division according to existing methodologies, and methods of calculation. Following part is focused on detailed examination of the composition of GDP and GNP in the CR, as relevance of the use of GDP can be succesfully doubted, at least in case of some states. This will be reffered to the example of the selected time period 2004-2008. Subsequently, the structure of GDP and GNP is essentially compared. In concluding part and based on simple econometric analysis, an evaluation is made as to whether GDP indicator in the CR is very reliable so as to be favored over other units and whether differences in GDP and GNP are so great, as is clear from the figures. Finally, it is noted that indicators are better explained by developments in the euro area economy.
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