Structure of Final Consumption in Light of GDP Dynamics
This paper studies the evolution of the relationship between households' and general government's expenditure on final consumption in the most recent 15 years; our data covers more than 30 countries. The most recent 15-year period has been characterised by variability in the worldwide ec...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Czech Statistical Office
2017-09-01
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| Series: | Statistika: Statistics and Economy Journal |
| Subjects: | |
| Online Access: | https://www.czso.cz/documents/10180/45606531/32019717q3005.pdf/7f52bf73-1515-49c9-9ac8-2a74115566bf?version=1.0 |
| Summary: | This paper studies the evolution of the relationship between households' and general government's expenditure
on final consumption in the most recent 15 years; our data covers more than 30 countries. The most recent
15-year period has been characterised by variability in the worldwide economic development; hence this
paper mainly focuses on the relationship to the rate of GDP growth. The mentioned relationship has also been
assessed from the viewpoints of both the economic policy and the concepts that may be utilised by political
representatives as the tools for controlling such economic policy.
This text aims at pointing out the importance of utilising the indicated issues, as related to the evolution
of the relationship between the structure of the final consumption and the rate of economic growth, as well
as the necessity of a proactive approach to the cognitive and behavioural activities, rather than in the modelling
area, which has been visibly prevailing lately. |
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| ISSN: | 0322-788X 1804-8765 |