Profits and losses of manufacturers and consumers in the pleasure economy in Industry 4.0 by the example of developing countries Online publication date: Sat, 31-Jul-2021
by Elena Y. Astakhova; Galina N. Semenova; Tatyana V. Shchukina; Zhanna A. Telegina
International Journal of Trade and Global Markets (IJTGM), Vol. 14, No. 4/5, 2021
Abstract: The purpose of the paper is to determine the profits and losses of manufacturers and consumers in the pleasure economy in Industry 4.0 in developing countries. The authors use the method of aggregation and systemic analysis of statistical data for determining advantages and weaknesses of Industry 4.0 in developing countries that are connected to commodity and service markets. Expert evaluations are used for determining the characteristics of activity in the commodity and service markets for manufacturers (and sellers) and buyers in the pre-digital technological mode and in Industry 4.0 and for determining the weights of criteria for consumers, manufacturers, and sellers. It is substantiated that advantages of Industry 4.0 for the pleasure economy in developing countries in the commodity and service markets are very vivid.
Online publication date: Sat, 31-Jul-2021
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Trade and Global Markets (IJTGM):
Login with your Inderscience username and password:
Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.
If you still need assistance, please email firstname.lastname@example.org