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The Limit of Post-Industrialization of Economy

Authors :
Litvinov Oleksandr S.
Source :
Bìznes Inform, Vol 3, Iss 482, Pp 15-20 (2018)
Publication Year :
2018
Publisher :
Research Centre of Industrial Problems of Development of NAS of Ukraine, 2018.

Abstract

The article is aimed at determining the nature of relationship between GDP per capita and the share of services, theoretical substantiating of presence of the limit of post-industrialization, and the practical assessing of its level. The formation of scientific views on the essence and attributes of the post-industrial development of economy were analyzed, approaches to determination of the limit of industrialization, essence and causes of premature deindustrialization were considered. It is displayed that the process of transition from industrial to post-industrial development is evolutionary and has the theoretically and practically substantiated positive influence on economic development. The article suggests a definition of the limit of post-industrialization as such, optimum at the current level of development of economy, the share of services in the GDP, exceeding of which leads to negative influence of service sphere on economy. On the basis of correlation-regression analysis of dependence of change of the service share and the level of GDP per capita in 134 world countries in 2015, modeling and graphic displaying of the post-industrialization limit was carried out.

Details

Language :
English, Russian, Ukrainian
ISSN :
22224459 and 2311116X
Volume :
3
Issue :
482
Database :
Directory of Open Access Journals
Journal :
Bìznes Inform
Publication Type :
Academic Journal
Accession number :
edsdoj.60e303a862f240e2b4f1af022b8a1541
Document Type :
article