Modern Transformation of Relations between Production and Consumption
Анотація
In this paper we study the antecedents and consequences of modern transformation which happens with relations between production and consumption. A theoretical justification of the thesis about blurring relationship between growth of consumer's opportunities and resource provision's improvement for human capital accumulation is proposed. The reason for this phenomenon is called the predominance of one from two forms of consumption expansion. Specifically, the predominance of the growth of consumer goods diversity, in comparison with increase of their availability is in our opinion the reason for weakening the positive impact of consumption growth on the accumulation of human capital. An empirical confirmation of this thesis is revealed in the analysis of variance in connection between scale of individual consumption and labor productivity in the group of European countries, as well as the U.S. and Japan.
Класифікація
Ідентифікатори
Рецензії (0)
Написати рецензіюРецензій ще немає. Будьте першим!
Схожі роботи
Are pro‐productivity policies fit for purpose?
Схоже за: Economic Theory and Policy · Economic Growth and Productivity · Fiscal Policy and Economic Growth
INFLATION AND ITS IMPACT ON EMPLOYEES' REAL INCOMES
Схоже за: Economic Theory and Policy · Economic Growth and Productivity · Fiscal Policy and Economic Growth
Economic Growth Under Shocks: Path Dependencies and Stabilization
Схоже за: Economic Theory and Policy · Economic Growth and Productivity · Fiscal Policy and Economic Growth
THE ROLE OF INVESTMENT LAG IN ECONOMIC SYSTEM DEVELOPMENT TRAJECTORY
Схоже за: Economic Theory and Policy · Economic Growth and Productivity · Fiscal Policy and Economic Growth
O REFLEXO DE DISTRITOS INDUSTRIAIS EM PEQUENOS MUNICIPIOS DE GOIÁS
Схоже за: Economic Theory and Policy · Economic Growth and Productivity · Fiscal Policy and Economic Growth
Market Typology and Economic Growth Dynamics
Схоже за: Economic Theory and Policy · Economic Growth and Productivity · Fiscal Policy and Economic Growth