GDP as a factor of influence on pensions in Ukraine: modelling

Hanna Ivanivna Karmeliuk, Svitlana Andriivna Plaskon, Halyna Vasylivna Seniv


Abstract


The dynamics of the gross domestic product (GDP) and the minimum and middle pensions, the dollar exchange rate are analysed. A series of trends in the dynamics of GDP, minimum and average pensions in hryvnia and dollar equivalents are presented. The necessity of using mathematical modelling to study social and economic indicators of living standards of the population is emphasised. The main tendencies of the influence of the gross domestic product on the minimum and average pensions are generalised. Prognostic values of the minimum pension in hryvnia and dollar equivalents for the period of 2018-2022 are estimated. The econometric models of the dependence of the minimum and average pensions on GDP in hryvnia and dollar equivalents are presented. It is shown that GDP growth is accompanied by an increase in the minimum and average pensions in hryvnia and dollar equivalents.


Keywords


gross domestic product; minimum pension; average pension; dollar exchange rate; economic and mathematical modelling

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References


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DOI: http://dx.doi.org/10.35774/econa2018.01.133

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Articles are distributed under Creative Commons Attribution  International 4.0 (CC-BY-NC 4.0) 


Science Works Journal "Ekonomichnyy analiz"

ISSN 1993-0259 (Print)  ISSN 2219-4649 (Online) DOI: 10.35774/econa


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