Consumption and Productivity Patterns and their Implications for the Production Structure

Jitendra G. Borpujari
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Jitendra G. Borpujari: International Monetary Fund

Chapter 6 in Structural Change, Economic Interdependence and World Development, 1987, pp 75-90 from Palgrave Macmillan

Abstract: Abstract This paper1 traces the intellectual lineage, empirical relevance and practical implications of a ‘New Approach’ which places consumer spending at the centre of macroeconomic policies for maintaining full employment in an economy that is technologically progressive and experiencing a continual rise in per capita incomes.

Keywords: Capita Income; Productivity Growth; International Monetary Fund; Consumer Demand; Full Employment (search for similar items in EconPapers)
Date: 1987
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Persistent link: https://EconPapers.repec.org/RePEc:pal:intecp:978-1-349-18840-6_6

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DOI: 10.1007/978-1-349-18840-6_6

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