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Special Theory of Employment and Co-Productive Goods

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  • Noga, Adam

Abstract

In the paper is presented special theory of employment, which is not part of the four economic methods (simultaneous equations, partial equilibrium, macro- aggregates, Marxian hermeneutic). The special theory of employment indicating that households, as one of the four regulators of the economy, in addition to markets, the state and enterprises, in their search for work must themselves find a "loop" that integrates the regulators in order to achieve their goals. The building block for creating this "loop" is the disclosure, that in the history of economic thought too much importance was attributed to the substitutability and complementarity of goods (e.g. between leisure and consumption in the theories of employment), while not enough importance was attributed to the co-productivity of goods. The co-productivity of goods x and y means mutually gaining access to one of these goods as a result of using (consumption) of the other good. On account of this co-productivity households can control the remaining regulators of the economy and create employment for themselves, regardless of macroeconomic conditions of stability or instability.

Suggested Citation

  • Noga, Adam, 2016. "Special Theory of Employment and Co-Productive Goods," MPRA Paper 78647, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:78647
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    File URL: https://mpra.ub.uni-muenchen.de/78647/1/MPRA_paper_78647.pdf
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    References listed on IDEAS

    as
    1. Mark Granovetter, 2005. "The Impact of Social Structure on Economic Outcomes," Journal of Economic Perspectives, American Economic Association, vol. 19(1), pages 33-50, Winter.
    2. Jean-Jacques Laffont & Jean Tirole, 1993. "A Theory of Incentives in Procurement and Regulation," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262121743, December.
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    Cited by:

    1. Noga Adam & Jarzębowski Sebastian & Maciąg Piotr, 2020. "Co-Productivity as a New Value Theory in Value Chain Analysis," Journal of Management and Business Administration. Central Europe, Sciendo, vol. 28(1), pages 52-65, March.

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    More about this item

    Keywords

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    JEL classification:

    • D11 - Microeconomics - - Household Behavior - - - Consumer Economics: Theory
    • D13 - Microeconomics - - Household Behavior - - - Household Production and Intrahouse Allocation
    • D60 - Microeconomics - - Welfare Economics - - - General
    • E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity

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