Accumulation Rate as a Determining Factor of Allocation Efficiency of the Yugoslav Economy

• Autorzy: Milan Ilić
• Języki publikacji: EN

Abstrakty

EN

Yugoslav economic writings present two basic models of generating and utilising accumulation, and each of them is equally praised for certain advantages as well as blamed for certain shortcomings. The first method determines accumulation on the basis of the cost of production, whereas the second method forecasts the level of accumulation from the economic and industrial angle (i.e. adopting the microeconomic approach and the division into the sectors of economy). The basic parameter of generating and utilising accumulation for the first model is the percentage of financial resources allocated to the labour fund, which becomes an instrument of setting the minimum accumulation rate for particular economic entities. In the case of the second model it is the revenue, i.e. the difference between the total income and the material costs (including depreciation) per one worker.(fragment of text)

Słowa kluczowe

EN

Models of national economies; Economic development; Revenue; Costs

PL

Modele gospodarki narodowej; Rozwój gospodarczy; Przychody; Koszty

• Czasopismo: Zeszyty Naukowe / Polskie Towarzystwo Ekonomiczne
• Rocznik: 2003
• Numer: nr 1
• Strony: 41--48

Twórcy

autor

Milan Ilić

• University of Kragujevac, Serbia