Time Allocation in Economics and the Implications for Economic Development

In a modern and more complex society, in which there are not borders between the professional family and social life of individuals, time should be viewed as an economic resource and it has to be optimized, rationalized and controlled.In this paper I will try to identify the main coordinates and the...

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Bibliographic Details
Main Author: Nicoleta CARAGEA
Format: Article
Language:English
Published: Romanian Academy 2009-06-01
Series:Revista Romana de Economie
Subjects:
Online Access:http://www.revecon.ro/articles/2009-2/2009-2-7.pdf
Description
Summary:In a modern and more complex society, in which there are not borders between the professional family and social life of individuals, time should be viewed as an economic resource and it has to be optimized, rationalized and controlled.In this paper I will try to identify the main coordinates and the dominant points of view of economic thinking focused on time allocation, at both national and international level. The paper also presents an analysis of the correlation between time use and economic development, on the basis of some regression models.
ISSN:1220-5567