Testing the Gershuny hypothesis

Driver, Ciaran

Abstract

This article tests the Gershuny hypothesis using UK input-output data. Gershuny has suggested that in many countries the share of consumer expenditure devoted to private or marketed services has not risen over time. Rather, consumers have tended to substitute durable goods and their own labour for purchased services. The UK data do provide support for this argument.

Citation

Driver, C. (1984). Testing the Gershuny hypothesis. Futures: for the interdisciplinary study of futures, visioning, anticipation and foresight, 16(5), 508-512. https://doi.org/10.1016/0016-3287%2884%2990081-8

• Journal Article Type: Article
• Publication Date: Jan 1, 1984
• Deposit Date: Aug 15, 2015
• Print ISSN: 0016-3287
• Electronic ISSN: 1873-6378
• Publisher: Elsevier
• Peer Reviewed: Peer Reviewed
• Volume: 16
• Issue: 5
• Pages: 508-512
• DOI: https://doi.org/10.1016/0016-3287%2884%2990081-8