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Finance and Credit
 

On improvement of approaches to assessing the public development results with regard to population differentiation based on their income

Vol. 15, Iss. 20, MAY 2009

Available online: 16 September 2009

Subject Heading: Popular finances

JEL Classification: 

Grekov I.E. Candidate of Economic Sciences, Associate Professor of the Department of Finances, Money Circulation, Credit and Banking, Orel State Technological University
grekov-igor@mail.ru

This article substantiates the advantages of using the average geometric value of the gross domestic product as a measure of the population prosperity, which reflects the existing distribution of society groups based on their income. It defines the influence of inequality of the population distribution based on the income on the final results of the public development. It offers an alternative indicator and methods of its calculation – the popular income uniformity factor (PIUF).

Keywords: average income, differentiation, distribution, results, development

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ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

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