SIGN BENEFITS AND ECONOMIC GROWTH

Abstract

Today one of the economic science’s most interesting directions is creation of the unified theory for economic growth. The catching-up development concept appears as rather reasonable to become the base of such theory. The catching-up development’s starting mechanism is an emergence of innovative growth zones and new standards of consumption which are based on more high working efficiency in new productions. The catching-up development starts at loan of consumption standards and technologies which support them. The researches have shown that the major factor determining the catching-up development speed is a providing of population with sign consumer goods. An insufficient level of the providing causes the population’s discontent with the life that, in turn, provides the citizens’ economic activity increase. An increase in goods and services production is a result of economic activity increase.