Some Considerations on the Productive Capacity of Consumption Expenditures

Leo H. Klaassen and Wietze Eizenga
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Leo H. Klaassen: University of Rotterdam
Wietze Eizenga: University of Michigan

Chapter 19 in The Economics of Public Services, 1977, pp 435-446 from Palgrave Macmillan

Abstract: Abstract This paper deals with the relation between the level and the structure of consumption and their influence on the labour productivity of the consumer. Assuming such a relationship, an optimal savings ratio will exist, below which savings are to be preferred over consumption and above which a consumption increase will contribute more to a rise in income than to higher savings. Empirical evidence is presented in so far as it was available to the authors.

Keywords: Capital Stock; Consumption Expenditure; Calorie Consumption; Human Asset; United Nations Food (search for similar items in EconPapers)
Date: 1977
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Persistent link: https://EconPapers.repec.org/RePEc:pal:intecp:978-1-349-02917-4_19

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DOI: 10.1007/978-1-349-02917-4_19

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