General scheme
Suppose that the economy in question consists of only two branches (industry and agriculture), the distribution of products of which is reflected in Table. 6.7.
Table 6.7 Resource requirements by component
General diagram of the original version of the conditional example
Industries- Consumers Industries- Manufacturers | Intermediate consumption | Final Product (KP) | Gross Domestic Product (SOPs) | |||
1 | 2 | Total | ||||
1 | Industry | 150/0,5 | 40/0,2 | 190 | 110 | 300 |
2 | Agriculture | 120/0,4 | 120/0,6 | 240 | -40 | 200 |
Total material. Cost | 270/0,9 | 160/0,8 | 430 | 70 | 500 | |
Wages | 20/0,07 | 20/0,1 | 40 | |||
Profit | 10/0,03 | 20/0,1 | 30 | |||
DS (GDP) | 30/0,1 | 40/0,2 | 70 | |||
Total gross domestic product | 300 | 200 | 500 | |||
OPF | 450 | 400 | 850 | |||
Capital intensity | 1,5 | 2,0 | 1,7 | |||
Average annual number of employees | 20 | 15 | 35 |
Let’s conduct a brief analysis of costs in the conditional economy under consideration.
Share of CP in the intermediate product ;
Capital intensity of GDP ;
Capital intensity of SOPs ;
Labor productivity by GDP ;
Labour productivity according to SOPs .
Consequently, the economy in question is hyper-cost. In a normal economy, the KP should be close to the value of the intermediate product.
Let us draw attention to the fact that the CP for agriculture is (-40), i.e. we can obviously say that there is not enough of its own products for all needs and the country must import agricultural products in such quantities that in the sum of all components of the final product (C, I, G and Xn) imports predominate, i.e. | Hn|≥40.