FOUR-SECTOR MODEL ECONOMY

The article studies the theory of three-sector economy developed by American Economists A. Fisher and K. Clark. This theory was formulated on the basis of their works published in the mid 20th century. Later it was used as a foundation for the theory of public-economic structures. The present articl...

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Autor principal: S. N. Kukushkin
Formato: article
Lenguaje:RU
Publicado: Plekhanov Russian University of Economics 2020
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Acceso en línea:https://doaj.org/article/3aed21ac270a4dad90b122ec60bc8ffa
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spelling oai:doaj.org-article:3aed21ac270a4dad90b122ec60bc8ffa2021-11-15T05:20:49ZFOUR-SECTOR MODEL ECONOMY2413-28292587-925110.21686/2413-2829-2020-1-25-31https://doaj.org/article/3aed21ac270a4dad90b122ec60bc8ffa2020-02-01T00:00:00Zhttps://vest.rea.ru/jour/article/view/812https://doaj.org/toc/2413-2829https://doaj.org/toc/2587-9251The article studies the theory of three-sector economy developed by American Economists A. Fisher and K. Clark. This theory was formulated on the basis of their works published in the mid 20th century. Later it was used as a foundation for the theory of public-economic structures. The present article puts forward a concept of the economic system of the future, i. e. economy of knowledge or economy of information society. The new economic system is being developed now but its certain components can be seen and work today. Production factor of new economy is knowledge, while traditional factors of production are labour and capital as necessary conditions of production. Economy of knowledge can be characterized by processes of economic development but not processes of growth. The forth sector of national economy (quadrum-sector) includes such types of activity as education and science, i. e. those types of activity, which form new knowledge, transform it and proliferate. On the basis of economicmathematic model of general balance by Arrow-Debre the author developed a mathematic model of economy of knowledge, which is presented as space of goods production and consumption.S. N. KukushkinPlekhanov Russian University of Economicsarticleeconomy of knowledgeproductivityconsumption and demandfactors of productionknowledgecapitallabouragrarian economyservice economyEconomics as a scienceHB71-74RUВестник Российского экономического университета имени Г. В. Плеханова, Vol 1, Iss 1, Pp 25-31 (2020)
institution DOAJ
collection DOAJ
language RU
topic economy of knowledge
productivity
consumption and demand
factors of production
knowledge
capital
labour
agrarian economy
service economy
Economics as a science
HB71-74
spellingShingle economy of knowledge
productivity
consumption and demand
factors of production
knowledge
capital
labour
agrarian economy
service economy
Economics as a science
HB71-74
S. N. Kukushkin
FOUR-SECTOR MODEL ECONOMY
description The article studies the theory of three-sector economy developed by American Economists A. Fisher and K. Clark. This theory was formulated on the basis of their works published in the mid 20th century. Later it was used as a foundation for the theory of public-economic structures. The present article puts forward a concept of the economic system of the future, i. e. economy of knowledge or economy of information society. The new economic system is being developed now but its certain components can be seen and work today. Production factor of new economy is knowledge, while traditional factors of production are labour and capital as necessary conditions of production. Economy of knowledge can be characterized by processes of economic development but not processes of growth. The forth sector of national economy (quadrum-sector) includes such types of activity as education and science, i. e. those types of activity, which form new knowledge, transform it and proliferate. On the basis of economicmathematic model of general balance by Arrow-Debre the author developed a mathematic model of economy of knowledge, which is presented as space of goods production and consumption.
format article
author S. N. Kukushkin
author_facet S. N. Kukushkin
author_sort S. N. Kukushkin
title FOUR-SECTOR MODEL ECONOMY
title_short FOUR-SECTOR MODEL ECONOMY
title_full FOUR-SECTOR MODEL ECONOMY
title_fullStr FOUR-SECTOR MODEL ECONOMY
title_full_unstemmed FOUR-SECTOR MODEL ECONOMY
title_sort four-sector model economy
publisher Plekhanov Russian University of Economics
publishDate 2020
url https://doaj.org/article/3aed21ac270a4dad90b122ec60bc8ffa
work_keys_str_mv AT snkukushkin foursectormodeleconomy
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