In this article, an updated approach to investigate the effects of demographic fac- tors on economic growth is proposed. The initial hypothesis was that these factors significantly affected production proportions, determining development vectors. The predictable shifts in production dynamics are...

The article analyzes the beta‑convergence of the EU-10 countries and the EU-15 for 2004 and 2015 at four levels - the state, NUTS 1, NUTS 2 and NUTS 3. The strongest beta‑convergence is at the level of the EU-10 countries; however, the lower the level of the regional unit, the weaker the...

This paper surveys the existing literature on the relationship between inflation and economic growth in developed and developing countries, highlighting the theoretical and empirical indications. The study finds that the impact of inflation on economic growth varies from country to country and...

This paper deals with the essential features determining the role of innovation in developing economies by examining the structure of innovation measures. The economic growth and competitiveness of developing economies are powerfully connected to its innovation status. The purpose of this paper...