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Networked Consumers in Economic Growth

In: Networked Consumers

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  • Steven D. Silver

Abstract

In this chapter, attention will turned to growth implications of consumption in networked consumers. The discourse in previous chapters has conceptualized effects of consumers as embedded in networks through the assortment of goods they use in personal consumption. Attention has been directed to the contributions that consumption activities can make to human capital and labor productivity. In this chapter, I elaborate on the observation that human capital of consumers can be augmented by activities in consumption as well as formal education in a growth context (e.g. Fahr 2005; Silver and Verbrugge 2010). Background studies in growth commonly use the designation of home or leisure activities for activities outside the workplace that consumers market goods. The term, home activities, will be used in the chapter to designate activities that use stocks of information and conventional goods.

Suggested Citation

  • Steven D. Silver, 2012. "Networked Consumers in Economic Growth," Palgrave Macmillan Books, in: Networked Consumers, chapter 7, pages 137-157, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-36255-0_7
    DOI: 10.1057/9780230362550_7
    as

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