Marius, Marinas - In: Theoretical and Applied Economics 4(499)(supplement) (2006) 4(499)(supplement), pp. 403-430
The economic growth of the Romania is explain by improvements in total factor productivity. Between 1991 and 2004 the contribution from labor was negative as a result of labor shedding. Due to periods of contracting investment followed by weak capital accumulation, on average there was no...