Showing 1 - 9 of 9
Coming from standard economic growth theory and empirical evidences, we concentrated on the convergence process as a … estimate a typology of the convergence process in the European area. Taking into account the existing differences among sectors … the strategies oriented to achieve a real convergence in EU and further in Adriatic-Balkans region. In this way, we can …
Persistent link: https://www.econbiz.de/10009132737
The structure of a national economy is generally correlated with the stage of economic development. In economic history, it was demonstrated a trend from a first stage when agriculture predominated to last stage when the sector of services is the largest. In this context, the complex...
Persistent link: https://www.econbiz.de/10008636501
As asserted in standard literature, there is an implicit circular relationship between the productivity growth and the potential level of production (and, consequently, the estimation of the natural rate of unemployment is also altered). In order to avoid such emerging impediment in any...
Persistent link: https://www.econbiz.de/10005836245
In this paper we proposed a model deriving from physics laws, which are associated to the investments impact upon the economic system potential. Defining several physics fundamental dimensions and starting from a series of assumptions, we tried to find their possible economic meaning and...
Persistent link: https://www.econbiz.de/10005619794
The study focused on the early stage of Romania’s transition to the market economy during 1990-1992, based on statistical data available at that time. Because of the inherited structural distortions, the persistence of strong forces of inertia and the incoherence of economic and monetary...
Persistent link: https://www.econbiz.de/10008876890
A balanced economic development is essentially based on self-financing of investment cycle. The efficient use of energy resources and raw materials could rise by increasing the renewal of fixed capital, which is meaning also a shift to a higher technological level. From this correlation is...
Persistent link: https://www.econbiz.de/10005623212
Empirical data show during the historical process of economic development profound structural changes in economy. One of the most important movements is from stages where the so-called tangible investments are predominant to those where intangible investments become predominant. Applying some...
Persistent link: https://www.econbiz.de/10005623221
Many problems emerge since it is widely believed that high tax rates and ineffective tax collection by government are the main causes contributing to the rise of the informal economy. Already the economists have established a relationship between tax rates and tax evasion or size of the informal...
Persistent link: https://www.econbiz.de/10005789391
The paper aims to model the underground economy using two different models: one based on the labor supply method and a generalized model for the allocation of time. The model based on the labor supply method is conceived as a simulating one in order to determine some reasonable thresholds of the...
Persistent link: https://www.econbiz.de/10005616894