Economic effects of celebrations in national economies Cover Image

Економічні ефекти святкувань у національних економіках
Economic effects of celebrations in national economies

Author(s): M.V. Ivashchenko
Subject(s): National Economy, Labor relations, Human Resources in Economy
Published by: Національний юридичний університет імені Ярослава Мудрого
Keywords: holiday economy; services; labor productivity; irrational exchange of resources;

Summary/Abstract: The article traces the consequences for the economy of non-working holidays. Different influences on the branches of continuous production, services, and retail trade and other branches are systematized. An increase in the price level due to excess demand was observed. Estimates of losses of national economies from additional days are generalized. The role of labour productivity, compensating for losses from the reduction of working hours, is substantiated.

  • Issue Year: 1/2022
  • Issue No: 48
  • Page Range: 65-80
  • Page Count: 16
  • Language: Ukrainian