scholarly journals The Intrahousehold Allocation of Private and Public Consumption: Theory and Evidence from U.S. Data

2006 ◽  
Author(s):  
Olivier Donni
Keyword(s):  
Intrahousehold Allocation ◽  
Public Consumption ◽  
Private And Public ◽  
Consumption Theory

scholarly journals Financial sector and economic growth in the Republic of Croatia 1995-2005

2006 ◽  
Vol 51 (168) ◽  
pp. 109-120
Author(s):  
Damir Novotny
Keyword(s):  
Economic Growth ◽  
Foreign Currency ◽  
Foreign Debt ◽  
Financial Sector ◽  
Strong Increase ◽  
Credit Expansion ◽  
Public Consumption ◽  
Private And Public ◽  
The Republic ◽  
Global Economic Growth

Financial sector in the Republic of Croatia had a strong growth between 1995 2005.g. Liberalization of financial sector in 1999 led to an increase in bank foreign debt, which resulted in a strong increase in foreign currency reserves and appreciation of the national currency. The growth of the financial sector and credit expansion have been allocated in favour of private and public consumption, but not in industry investments. GDP growth didn't have the same momentum as financial aggregates. Economic growth, after a contraction in 1999 was within the average of global economic growth. Relying on neoclassical growth model, government and central bank didn't put in place the needed set of pro-active policies. Factor allocation was solely through private bank channels financing private consumption. If the sustainable economic growth and new employment are to be major macroeconomic goals, a new macroeconomic paradigm as combination of neclassical and neokeynesians approach will be needed.

scholarly journals Private and public consumption across generations in Australia

2017 ◽  
Vol 36 (4) ◽  
pp. 279-285 ◽  
Author(s):  
James M Rice ◽  
Jeromey B Temple ◽  
Peter F McDonald
Keyword(s):  
Public Consumption ◽  
Private And Public

Chapter I. The Home Economy

1978 ◽  
Vol 83 ◽  
pp. 7-23
Keyword(s):  
Great Britain ◽  
Price Index ◽  
Consumer Price Index ◽  
Final Demand ◽  
Balance Of Payments ◽  
Real Output ◽  
Price Inflation ◽  
Public Consumption ◽  
Private And Public

Total real output stagnated completely in 1977. Private and public consumption and gross fixed investment all fell, but this was slightly more than offset by relatively buoyant exports and by some restocking. Despite the very small increase in total final demand, the volume of imports rose by about 4 1/2 per cent, leaving gross domestic product virtually unchanged from its 1976 level. Unemployment rose, albeit erratically, by under 100 thousand during the year, and stood at just under 1.4 million in January of this year (Great Britain, excluding school leavers, seasonally adjusted). The rate of consumer price inflation began to fall in the second half of 1977; the consumer price index is estimated to have been just under 13 per cent higher than a year earlier in the last quarter. The balance of payments on current account moved into surplus in the second half of the year, but revisions to the official estimates of invisible trade mean that the surplus for the year as a whole is now estimated to have been only about £100 million.

Tax Competition for Heterogeneous Firms with Endogenous Entry

2010 ◽  
Vol 2 (1) ◽  
pp. 77-102 ◽  
Author(s):  
Ronald B Davies ◽  
Carsten Eckel
Keyword(s):  
Tax Competition ◽  
Pure Strategy ◽  
Heterogeneous Firms ◽  
Optimal Number ◽  
Strategy Equilibrium ◽  
Public Consumption ◽  
The Social ◽  
Private And Public ◽  
Optimal Taxes ◽  
Number Of Firms

This paper models tax competition for mobile firms that are differentiated by their productivities. Because taxes affect the distribution of firms, they affect wages, prices, and the number of firms. From the social planner's perspective, optimal taxes efficiently distribute income between private and public consumption and are harmonized, providing the optimal number of firms. This is not a Nash equilibrium. As is common in such models, equilibrium taxes are inefficiently low. Furthermore, there is no pure strategy equilibrium with equal taxes resulting in too many firms. This illustrates a new distortion from tax competition and a new benefit from harmonization. (JEL H21, H25, H87)

scholarly journals Sustainable Consumption Behavior at Home and in the Workplace: Avenues for Innovative Solutions

2020 ◽  
Vol 12 (16) ◽  
pp. 6564 ◽  
Author(s):  
Jūratė Banytė ◽  
Laura Šalčiuvienė ◽  
Aistė Dovalienė ◽  
Žaneta Piligrimienė ◽  
Włodzimierz Sroka
Keyword(s):  
Online Survey ◽  
Sustainable Consumption ◽  
Collaborative Consumption ◽  
Consumption Behavior ◽  
The United Kingdom ◽  
Innovative Solutions ◽  
Private And Public ◽  
Use Behavior ◽  
Consumption Theory ◽  
At Home

Companies which offer innovative solutions to aid the achievement of sustainable consumption behavior of individuals in home environment gain a competitive advantage. The study aims to uncover the relationship between the engagement in sustainable consumption and sustainable consumption behavior of individuals at home and in the workplace environments enabling companies to provide innovative solutions to advance sustainability management. This research holds that sustainable consumption behavior is a process and the focus of this study is use behavior. An online survey was employed to collect data from 407 respondents in the United Kingdom. Consumers working in both private and public sectors were surveyed. Data analysis suggests that one dimension of engagement in sustainable consumption, namely, Enthusiasm and Attention, mostly influences sustainable consumption behavior at home and in the workplace. Further, females feature higher sustainable consumption behavior at home and in the workplace most of the time in comparison to males. Also, there are age differences apropos sustainable consumption behavior at home and in the workplace. Social Learning Theory and Collaborative Consumption Theory are used to raise hypotheses and explain findings. The findings lead to practical implications for companies regarding engagement and sustainable consumption behavior in both environments in terms of incentives, green product and service innovation that may be offered to individuals to enhance sustainability.

Chapter II. The World Economy

1981 ◽  
Vol 96 ◽  
pp. 36-52
Keyword(s):  
Industrial Production ◽  
World Economy ◽  
Western Europe ◽  
Domestic Demand ◽  
Fixed Investment ◽  
The Third ◽  
Public Consumption ◽  
The World ◽  
Private And Public ◽  
Main Components

Most recent data confirm that in the OECD area as a whole the fall in output in the second quarter of last year and the flattening out in the third quarter were followed by renewed growth in the fourth quarter. All the main components of final domestic demand contributed and, though fixed investment remained below the first quarter level (table 1), both private and public consumption may well have exceeded this. In Western Europe, however, industrial production declined further in both the third and fourth quarters and any recovery by the end of the year appears to have been no more than marginal even for GDP.

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