Abstract
The article considers the relevant problems concerning the correlation between the development of priority economic sectors and sustainable economic growth in Ukraine. The assumption is made that development at the macroeconomic level can only be achieved when the positive dynamics of material production sectors is observed. The resource potential of Ukraine allows to distinguish two main sectors: agriculture and industry.Many scholars have repeatedly considered ways of achieving positive economic dynamics at the level of the national economy. But despite the existing research on the problems of economic growth, its’ financial assessment and modelling, as well as the dominant factors of influence, remain unsolved. The aim of the article is to identify the factors of economic growth and assess their influence on the overall economic dynamics within two main material production sectors of Ukraine: industry and agriculture. In order to achieve this, the influence factor model of economic growth has been composed, where GDP growth was selected as a result indicator. The choice of influencing factors is substantiated by: quantity of goods and services sold, number of employees in the industry, investments, fixed assets value and the consumer price index. The most influential factors that significantly impact the overall economic dynamics have been revealed in the article.
Highlights
Ukraine is a European state and modern European integration tendencies require it to set the key trends in the development of the national economy
As the real sector of economy is the basis for economic growth, mainly an industry that provides any country with the necessary tools for development, it is necessary to focus on the study of the current state and factors of growth in the material economy: agriculture and industry
An attempt to investigate peculiarities of economic dynamics of the priority sectors of the economy of Ukraine has been made in the article
Summary
Ukraine is a European state and modern European integration tendencies require it to set the key trends in the development of the national economy. As the real sector of economy is the basis for economic growth, mainly an industry that provides any country with the necessary tools for development, it is necessary to focus on the study of the current state and factors of growth in the material economy: agriculture and industry. These areas should be turning points in ensuring the restoration of economic growth in the context of the complicated socio-political situation that has developed in Ukraine today. Take into account qualitative changes in output and human potential
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