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What Drives Economic Growth in some CEE Countries?

Studia Universitatis Economic Sciences

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Title What Drives Economic Growth in some CEE Countries?
 
Creator Simionescu, Mihaela
 
Description Considering the potential factors that might generate economic growth, a target for any economy, this paper identified some determinants of economic growth in the countries from Central and Eastern Europe (CEE countries) that are member states of the European Union. The foreign direct investment was the most important determinant of economic growth in most of the countries (Bulgaria, Slovenia, Estonia, Hungary, Romania, Poland, Latvia, Lithuania) in the period 2003-2016, according to Bayesian bridge regressions. The indicators related to the level and the quality of labour resources proved to be insignificant in explaining the economic growth in these countries. Moreover, in Croatia, Estonia, Latvia, Lithuania, and Poland, the government expenditure on education had a negative effect on economic growth.
 
Publisher UVVG
 
Date 2018-03-14
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://publicatii.uvvg.ro/index.php/studiaeconomia/article/view/116
 
Source Studia Universitatis Vasile Goldiș Arad, Seria Științe Economice; Vol. 28 No. 1 (2018): Studia Universitatis Vasile Goldis Arad Economics Series; 46-56
2285-3065
1584-2339
 
Language eng
 
Relation http://publicatii.uvvg.ro/index.php/studiaeconomia/article/view/116/22
 
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