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
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
Author information
Authors and Affiliations
Editor information
Editors and Affiliations
Copyright information
© 1977 International Economic Association
About this chapter
Cite this chapter
Klaassen, L.H., Eizenga, W. (1977). Some Considerations on the Productive Capacity of Consumption Expenditures. In: Feldstein, M.S., Inman, R.P. (eds) The Economics of Public Services. International Economic Association Conference Volumes. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-02917-4_19
Download citation
DOI: https://doi.org/10.1007/978-1-349-02917-4_19
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-02919-8
Online ISBN: 978-1-349-02917-4
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)