Economy as the value streams. Preliminary study.

Góralczyk, Andrzej (2014): Economy as the value streams. Preliminary study.

Abstract

Economy can be generally described as a bunch of value streams. At least a part of capital accumulation is assumed to be the consequence of value stream blockage, and a means too keep such blockage. Negative relation between capital accumulation and foreign trade balance coming out from this assumption is supported by the data from national accounts, and hence justify the idea of economy as the value streams. A lot of research ideas are following this assertion, most of them promising results useful for socio-economic policies, and for optimizing institutions and business practices in order to make them more conductive to capital flows.

• Item Type: MPRA Paper
• Language: English
• Keywords: value streams, economic stability, economy growth, economic shocks, scaling in economy
• Subjects: A - General Economics and Teaching > A1 - General Economics > A10 - General; A - General Economics and Teaching > A1 - General Economics > A12 - Relation of Economics to Other Disciplines; B - History of Economic Thought, Methodology, and Heterodox Approaches > B0 - General > B00 - General; B - History of Economic Thought, Methodology, and Heterodox Approaches > B5 - Current Heterodox Approaches > B50 - General; C - Mathematical and Quantitative Methods > C0 - General > C00 - General; C - Mathematical and Quantitative Methods > C5 - Econometric Modeling > C50 - General; E - Macroeconomics and Monetary Economics > E2 - Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy > E20 - General; F - International Economics > F0 - General > F01 - Global Outlook; O - Economic Development, Innovation, Technological Change, and Growth > O1 - Economic Development > O10 - General; Y - Miscellaneous Categories > Y2 - Introductory Material > Y20 - Introductory Material

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