Financial results of entrepreneurial activity and their grouping in national economy

Pohorielova Tetiana
PhD (Economics), Associate Professor, Department of Statistics, Odessa National Economic University, Odessa, E-mail:tvpogor@gmail.com, ORCID ID: https://orcid.org/0000-0003-1045-3244

Cite this article:

Pohorielova T. (2022) Financial results of entrepreneurial activity and their grouping in national economy. Ed.: V.V. Kovalenko (ed.-in-ch.) and others [Finansovi rezultati pidpriyemnickoyi diyalnosti ta yih rozpodil u nacionalnij ekonomici; za red.: V.V. Kovalenko (gol. red.)], Scientific Bulletin of the Odessa National Economic University (ISSN 2313-4569), Odessa National Economics University, Odessa, No. 8 (297), pp. 25-31.

Abstract

The purpose of the research is to deepen applicative aspects of statistical assessment of groupings of financial performance of entrepreneurial activity by the types of economic activity and a scale of production and to analyze structural similarities. In the course of the research, general scientific and special techniques and methods of statistical research were used: comparison, elaboration, analysis and generalization of the obtained results. A sectoral makeup of profit and loss at the macro level was analyzed (by the number of enterprises and the amount of a financial result). The largest share of enterprises by the amount of profit is in the field of financial and insurance activities, and by the number of profitable enterprises – in the field of wholesale and retail trade. Among unprofitable enterprises, the largest share by the amount of loss is observed in industry. The calculated concentration ratio in the context of the types of economic activity and business scale allowed to verify the irregularity degree of the investigated groupings. An average level of concentration of financial results is observed among profitable and unprofitable enterprises. A comparative analysis of the location of profits and losses between the sectors of national economy was conducted on the basis of the location quotients. A significant concentration of profit is prevailing at financial activities. Profits are significantly less localized in industry and agriculture. The heaviest losses are concentrated in agriculture and industry. Verification of similarity of industrial compositions of profitable and loss-making enterprises revealed an average level of similarity. An analysis of the profit and loss concentration and localization by business scale proved its high level. A significant share of both profit and loss is provided by large enterprises of a small quantity. The obtained results can be used to develop a national economy management strategy.

Keywords

profit, loss, type of economic activity, structure, concentration, localization, similarity of structures, grouping.

JEL classification: C100, C130, O110; DOI: 10.32680/2409-9260-2022-8-297-25-31

UD classification: 311.175:336.6

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