IDEAS home Printed from https://ideas.repec.org/a/spr/sorede/v35y2024i3d10.1134_s1075700724030158.html
   My bibliography  Save this article

Household Consumption in the Mirror of Input–Output Tables

Author

Listed:
  • A. A. Shirov

    (Institute of Economic Forecasting, Russian Academy of Sciences)

Abstract

— The article analyzes the key interactions between household consumption, dynamic and structural characteristics of economic development in 2011–2020. Based on the analysis of input–output tables, the contribution of population demand to the formation of production and imports is considered. The stability of structural characteristics during the period under review is demonstrated, regardless of the shocks observed in the economy. The weak influence of population demand on the production of high-tech goods and services is shown, which is explained by the unfavorable consumption structure. The impact of household consumption on production indicators is assessed taking into account the existing system of inter-industry interactions. Calculations demonstrate a gradual increase in the influence of population expenditures on the development of human capital. A steady downward trend in the share of labor compensation in gross output and value added in 2011–2020 is stated. This is one of the indicators of increasing the efficiency of the use of labor resources in the Russian economy. The change in the share of wages in the structure of gross output by type of economic activity is considered. It is stated that there are sectors of the economy with significant reserves for increasing wages.

Suggested Citation

  • A. A. Shirov, 2024. "Household Consumption in the Mirror of Input–Output Tables," Studies on Russian Economic Development, Springer, vol. 35(3), pages 319-327, June.
    • Handle: RePEc:spr:sorede:v:35:y:2024:i:3:d:10.1134_s1075700724030158
    DOI: 10.1134/S1075700724030158
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1134/S1075700724030158
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1134/S1075700724030158?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. M. S. Gusev, 2023. "Strategy of Economic Development up to 2035: Overcoming Long-Term Stagnation," Studies on Russian Economic Development, Springer, vol. 34(2), pages 167-175, April.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Yu. A. Fridman & G. N. Rechko & E. Yu. Loginova, 2024. "Forecast for the Resilience of the Kuzbass Economy in Conditions of Systemic Challenges in the Context of Coal Mining Development," Regional Research of Russia, Springer, vol. 14(4), pages 598-607, December.
    2. D. R. Belousov, 2024. "On the Comparison of Structural and Morphological Approaches to Staging Long-Term Socio-Economic Processes," Studies on Russian Economic Development, Springer, vol. 35(5), pages 646-656, October.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:sorede:v:35:y:2024:i:3:d:10.1134_s1075700724030158. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.