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Model Of Consumption & Production With Variable Of Time & Qulity

Posted on:2005-10-10Degree:DoctorType:Dissertation
Country:ChinaCandidate:M LiangFull Text:PDF
GTID:1116360152968398Subject:Western economics
Abstract/Summary:PDF Full Text Request
What is the reason that could make the economy remain stable increase coordinating.That is a fascinating question for economists. This paper has been analyzed systematically tothe theory of the commusuming and production growth. Most of the existing economic growth theries are lacking of the analysis ofcomsumption growth. And now, in this thesis we have. This greatly enhances the usefulnessof the economic growth theory. Through the improved the comsumption theory, firm theory,organization theory, are innovatively promotied. Influence factors of comsumption andproduction on micro aspect, are the foundations of the analyzing frame. An economic systemwith endogenous technological progress can be fast and increasing coordinating probablyonly under the market similar to monopoly competition market. The main content of this paper was launched around three key views: Labor, Qualityand Density of Utility. Labor. This paper divides the inherent composition of human labor into two parts, oneis human horizontal factor of intelligence (can be also called the mental labor or technicallevel). Another one is energy factor. The definition of working has been turned into usingeffectively to various kinds of energy under the control of intelligence factor. There is noobvious difference among except intelligence factor, physical power and animal power,water conservancy, chemical energy, etc., all of these are certain forms of energy in essence.The value of the goods is made from the quantity that energy accumulates and producer'sintelligence level. Quality. The level of workers will be reflected finally by the quality of goods, this is theproduction result that a consumer can experience directly. People might like or disgust acertain good because of the quality of the good. So quality is the only key element to link upproduce and consumption, also the theory subjective value and theory of labor value. Density of utility. The density of utility refers to the utility amount that consumersobtain during unit of time. We only add one chronometer behind utility, but utility densityand utility are fundamentally different. Because time is resources of the rareness, soeconomic reasonable person should consider two kinds of rigidity limiting conditions:income and time. They may just reach the optimum state. Another important issue of theDensity of utility is to describe the quality of goods. This application makes the quality IIIconcept of the goods a clear quantization means in term of consuming for the first time. Theconcept and tolerance of quality were all indeterminate before. We try to set up an intact economic growth theory, the theoretical foundation isconsumption theory and firm theory in the microeconomic analysis, but the consumptiontheory and firm theory are carefully improved. The follow are the main innovation points ofthe thesis. Firstly, this paper describes the relation of individual and organization. Personal choisemay be influnced by the choosing of organization, which he or she takes part in. Theorganization could influence individuals by protecting and limiting their choises. First, onlyunder the guarantee of a country (organizations), then people could be safe to have and usehis or her powers. Second, when an individual use his or her power, this progress willcertainly be limited by the organization. Secondly, we think that utility could be obtained straightly at work. This is verycommon in management theory, but does not exist in the microeconomics. This innovationexpands the utility theory, and makes the utility theory more usful. Third, the transformation to the production function of this paper is divided into twoparts. First, we have setup personal production function. Secondly, we have set up new firmproduction function, which introduced the labor value theory in the production function. Thismakes us very strong while analyzing that produces growt...
Keywords/Search Tags:Density of utility, Economic growth, Microecnomic foundations, Measured output, Working utility
PDF Full Text Request
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