scholarly journals DEVELOPMENT OF SECTORAL THEORIES IN THE STUDY OF THE STRUCTURE OF THE ECONOMY

2020 ◽  
Author(s):  
Olga Sokolova ◽  
Keyword(s):  
National Economy ◽  
Service Sector ◽  
Structural Changes ◽  
Industrial Society ◽  
Comparative Characteristic ◽  
Tertiary Sector ◽  
Sector Model ◽  
Service Sectors ◽  
Post Industrial ◽  
Education Science

The article is devoted to sectoral theories of economic structuring, their evolution and development. It is emphasized that in the study of structural patterns of development of the national economy the theory of three sectors is widespread. International organizations use a three-sector model to characterize the country's economy and compare it with others, distinguishing between the agricultural, industrial and service sectors. The essence of the theory of three sectors in the process of civilizational development of society within the phase triad "pre-industrial – industrial – post-industrial" is highlighted. The evolution of the main provisions of the theory of three sectors and the contribution of A. Fischer, K. Clark, J. Furastier to its development are revealed. The comparative characteristic of grouping of aggregated types of economic activity into primary, secondary and tertiary sectors and criteria of structuring of economy are presented. The role of each sector in the development of the country's economy is emphasized. Emphasis is placed on the heterogeneity of the tertiary sector and its role in solving the unemployment problem. It is proved that the reason for the growth of employment in the service sector is the increase in demand not so much for consumer as for production services. The structural changes taking place in the economy have led to the development of the theory of three sectors in the study of the structure of the economy, which went by a deeper study of the tertiary sector and its detail. The concept of post-industrial society is revealed, in which education, science, information become of paramount importance in the development of the country's economy. Five- and six-sector models of economic structuring are described. Within these models, the development of the knowledge economy was recognized as a priority of public policy. Three blocks of the state social and economic policy for development of economy of knowledge are defined. It is determined that the development of the sectoral structure of the national economy takes place against the background of dialectical laws, under the influence of dynamism and sustainability. It is proved that the change of relations between sectors is accompanied by profound qualitative changes in each sector, the structure of the economy as a whole, which translates it to a new level of development. Emphasis is placed on the need to identify growth poles in each sector of the national economy.

scholarly journals ANALYSING TERTIARIZATION AS A STRUCTURAL ECONOMIC CHARACTERISTIC OF ESTABLISHING POST-INDUSTRIAL SOCIETY AREAS

2018 ◽  
pp. 125-134
Author(s):  
Елена ПЕРЕПЁЛКИНА ◽  
Elena PEREPELKINA ◽  
Вячеслав ПЕРЕПЁЛКИН ◽  
Vyacheslav PEREPELKIN
Keyword(s):  
Human Capital ◽  
Service Sector ◽  
Negative Attitude ◽  
Developed Countries ◽  
Income Level ◽  
Growth Potential ◽  
Industrial Society ◽  
Tertiary Sector ◽  
The One ◽  
Post Industrial

The article examines conceptually and empirically tertiarisation as structural and economic characteristics of the transformation of modern society into a post-industrial. The authors substantiate the need for consistent fullfledged passage of the national socio-economic system of stages of civilizational development, based on which the author's definition of tertiaryization is given. A comparative cross-country quantitative analysis of the service sector in national economies makes it possible of strengthening the structural shift in favor of this sector in the economies of a group of countries with an average income level. High income level of the population is but one of the conditions for the existence of a developed service sector, as is confirmed by the example of a number of oil exporting countries. Along with poverty, the reason for the slow expansion of the service sector in the underdeveloped countries is their insufficient technological development. Russia lagged behind the global average level in the share of tertiary sector as well as in the rates of its growth. On the one hand, this is an evidence of the growth potential of the whole economy created by tertiarization, while, on the other hand, it speaks for a necessity of ensuring a higher quality of this growth. Problems of service sector’s growth structure are becoming more relevant in the current circumstances. An increase in the quality together with the one in the rates of growth might be attained on the basis of an outpacing expansion of the share of services and progressive dynamics of labor productivity in the process of services creation. At the same time, this requires a large stock of human capital in the country, which substantiates a conclusion about presence of tertiarization in its true sense only in economically developed countries. A negative attitude towards tertiarization in less developed countries may be explained by the dominance of traditional services in the tertiary sector of their economies that have greatly lost a capacity for accelerating the overall economic growth by now. Consequently, countries, in which an extended reproduction of human capital is implemented according to the needs for modernization of the industrial apparatus in the economy, benefit from tertiarization in the first place.

scholarly journals Crucial differences between present service sector structures of Russia and Poland: changes and contribution to the economy

2020 ◽  
Vol 13 (4) ◽  
pp. 140-147
Author(s):  
Mikhail E. Savlov
Keyword(s):  
Service Sector ◽  
Value Added ◽  
Industrial Country ◽  
Point Of View ◽  
Industrial Society ◽  
Eastern European ◽  
Service Sectors ◽  
Eastern European Countries ◽  
Global Statistics ◽  
Post Industrial

During the period of planned economies in Russia and Poland, services were underestimated as a sector of economic activity. To some degree, this continues to be the case. In spite of the existence of market economies in Central and Eastern Europe for more than 25 years, Russia and Poland should be categorized differently in terms of economic and social development. Based on D. Bell’s and his followers’ (M. Castells, A. Toffler, J. Rifkin, P. Drucker) theory of post-industrial society and post-industrial economy, Poland can be classified as a post-industrial country, while Russia is still an industrial country in many aspects. This point of view is based on global statistics and cross-country comparisons. The following statistical data has been used as a source for this research: share of services in GDP by country, contribution (value added) of seven main types of services to the respective GDP of Russia, Poland and other selected countries, value added and governmental expenditures per capita of primary services in aforementioned economies. The main differences between the Russian and Polish service sectors are indicated. The cases of Russia and Poland are presented here to highlight the key common features of Central and Eastern European countries’ tertiary sectors.

scholarly journals Economic Regulation Directions Regarding the Essential Shift in the Structure of Economy

2017 ◽  
Vol 16 (3) ◽  
pp. 468-481
Author(s):  
Dalia Vidickienė
Keyword(s):  
Economic System ◽  
Service Sector ◽  
Structural Changes ◽  
Economic Regulation ◽  
Information Communication ◽  
Policy Makers ◽  
Research Communities ◽  
Post Industrial ◽  
The Impact

This article analizes the esential shift in the structure of the economy from industrial to service-dominated economy and the impact of the increasing role of the service sector to the development of economic system and effectiveness of current economic regulation means. Two key theories are dealing with structural changes – deindustrialization theory and post-industrial economy theory. There are distinct research communities providing different perspectives on the rationale, design and delivery of the economic development and economic regulation. The comparative analysis provide an integrative and organising lens for viewing the various contributions to knowledge production from those research communities addressing economic regulation directions and means. The first part of the paper presents a critical assessment of the recomendations to the employment and equality policy makers provided by the deindustrialization theory developing research community. The second part of the paper is devoted for the evaluation of the post-industrial theory perspectives to develop service-dominated economy. This study provides three main trends in economic regulation, which are identified as main accelerators of the economic system evolution, namely: i) creation and maintenance of information-communication infrastructure; ii) servitization of manufacturing and agriculture, and iii) essential reform of educational system.DOI: http://dx.doi.org/10.5755/j01.ppaa.16.3.19343

scholarly journals Features of the New Type Global Recession

2021 ◽  
Vol 92 ◽  
pp. 01025
Author(s):  
Alexander Lyakin
Keyword(s):  
Structural Changes ◽  
Economic Recession ◽  
Value Added ◽  
Growth Potential ◽  
Tertiary Sector ◽  
Sharp Drop ◽  
The Great Depression ◽  
Global Recession ◽  
Supply Shock ◽  
Post Industrial

Research background: The increasing global economic decrease that got the name of Great Lockdown had world pandemic as its trigger. It is already obvious that by its depth, breadth and the number of economics included this recession can be compared to the Great Depression. Shocks nature influences a lot on the structural changes during the recession. The tertiary sector industries, which development is determined by globalization and that are typical for post-industrial economies have the heaviest losses. Now it is impossible to predict are the de-globalization processes permanent or just temporary and which changes in sectoral structure will stay with us after the COVID-19 pandemic. The period of sharp drop is finishing now and it’s obvious that the specific nature of current recession will reveal itself during the market adjustment to the new conditions. Purpose of the article: is to highlight the specific features of recession caused by COVID-19 pandemic, distinguishing it from the previous global recessions. Methods: this article research is based on comparative analysis of main macroeconomic variables trends during the global recessions. Findings & Value added: Current global recession specific features highlited in this article are: industries with a high share of employment are subject to the greatest compression; the economic recession took its origin as a result of the supply shock, and it has a clearly defined industry specifics. The growing uncertainty is limiting the recovery growth potential.; Keynesian measures of countercyclical regulation appeared to be ineffective during the release restrictions phase.

scholarly journals Spatial agglomeration and economic development with the inclusion of interregional tourism

2017 ◽  
Vol 62 (213) ◽  
pp. 93-128 ◽  
Author(s):  
Wei-Bin Zhang
Keyword(s):  
Economic Development ◽  
Total Factor Productivity ◽  
National Economy ◽  
Service Sector ◽  
Profit Maximization ◽  
Industrial Sector ◽  
Perfect Competition ◽  
Wealth Accumulation ◽  
Factor Productivity ◽  
Sector Model

The purpose of this paper is to extend Uzawa?s two-sector model of a national economy to an economy with any number of regions and interregional tourism. The paper studies interregional economic development with interactions between wealth accumulation, economic structure, interregional trade and tourism under assumptions of profit maximization, utility maximization, and perfect competition. The model is unique in interregional neoclassical growth theory in that it introduces endogenous tourism within a general equilibrium framework. The model is built on microeconomic foundations. It not only extends the well-known Solow growth model and the Uzawa two-sector model to a national economy with any number of heterogeneous regional economies, but also introduces tourist flows between regions. We demonstrate that the movement of the J-regional economy can be described by J+1 differential equations. We simulate the movement of a national economy with three regions. We show that the dynamic system has a unique equilibrium. We carry out comparative dynamic analysis with regard to the propensity to tour a region, the cost of travel from one region to another, the total factor productivity of a region?s industrial sector, the total factor productivity of a region?s service sector, the propensity to save, the parameters of a region?s amenity, the propensity to consume housing, and the national population. We demonstrate the dynamic effects of these changes on national GDP, wealth, and tourist patterns.

Global trends of development of services in the post-industrial society

2014 ◽  
Vol 8 (9) ◽  
pp. 3-12
Author(s):  
Меружан Аветисян ◽  
Meruzhan Avetisyan
Keyword(s):  
Comparative Analysis ◽  
Service Sector ◽  
Rapid Development ◽  
Well Being ◽  
Developed Countries ◽  
The United States ◽  
Industrial Society ◽  
Stage Of Development ◽  
The World ◽  
Post Industrial

The concept of post-industrial society represents a society in which the economy as a result of the technological revolution and significant income growth went from pre-emptive priority production of goods to production of services, has recently become even more relevant. For example, the World Bank experts, authors of the report "Industry of the future: a new era of global growth and innovation" argue that if a country has reached the average level of well-being, the share of services in GDP of the country begins to exceed the performance of industry and agriculture. Currently, as post-industrial countries are classified those countries in which the service sector accounts for well over half of GDP. Fall under this criterion, in the first place, the United States (the service sector accounts for 79.4% of US GDP), European Union (the service sector is 69.4% of the GDP of the EU countries), and all developed countries. A comparative analysis of the service sector in Russia shows that without a radical increase in the efficiency of the sector the transition of our country in the post-industrial stage of development is impossible. The post-industrial structure of the economy suggests that overall GDP of more than 50% is formed by the service sector. The rapid development of the service sector and the increase of its share in the gross national product are features of the country´s transition to a post-industrial stage of development. Only relatively recently came the understanding of the important role services can play in the process of integration into the global economy and the international division of labor. Overall condition of the Russian service sector shows that without a radical increase in the efficiency of this sector, to speak of Russia´s transition to a post-industrial stage of development is prematurely. Comparative analysis of the dependence of the well-being of the world from the share of services in countries’ GDP, revealed a number of interesting facts that have enabled the author to supplement, clarify and restate the conclusion of international experts as follows: the service sector in the GDP of the country begins to exceed the performance of industry and agriculture if the country embarked on the path of the main characteristics of the post-industrial society - the development of services. The welfare of the country, in this case does not matter. Moreover, at present the number of countries in which the service sector accounts for well over half of GDP, is growing rapidly.

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