The topic of this paper is comparative analysis of the economic growth in the former SFRY countries. The paper is primarily devoted to the analysis of the sources of economic growth in these countries. In this regard, apart from conventional decomposition of growth (contributions of capital,...

The topic of this paper is an analysis of the growth of the Serbian economy. The paper is primarily devoted to the analysis of the sources of growth of the Serbian economy. In this regard, apart from conventional decomposition of growth (into contributions of capital, labor, and total factor...

Bu çalışmada gıda harcamalarının toplam gelir içindeki paylarına bakarak, bireyin ya da hane halkının reel gelirinin ya da satın alma gücünün artıp artmadığı sorusuna cevap aradık. Gıda harcamalarının bütçe içindeki payının azalmasını reel gelirin artmasının bir...

The paper revises the impact of infrastructures and Information and Communication Technologies (ICT) on economic growth. It takes Spain as a reference case due to the accessibility to capital services estimates. The Spanish database allows the measurement of the impact on growth of three ICT...

This study analyses, through cross-section estimation methods, the influence of spatial effects in productivity (product per worker), at economic sectors level of the NUTs III of mainland Portugal, from 1995 to 1999 and from 2000 to 2005 (taking in count the data availability and the Portuguese...

Most countries which have experienced exchange rate crises over the last two decades have been under soft pegs or crawls. These exchange rate arrangements have normally succumbed in the face of massive capital inflow reversals --especially in developing countries-- thus provoking a search for...

This paper constructs a model of growth based on Adam Smith's notions of specialization and extent of the market. We seek to explain the following stylized facts. 1) The share of household production in total output has fallen over time as the economy has grown. 2) Services as a percent of GDP...

This paper explores the dynamics of convergence in Latin American countries and asks whether there are tendencies for converging to different clubs. The analysis shows clear differences between two groups: a large group of low-to-middle income countries and a small group of rich ountries. The...

The note raises some methodological problems derived from the presence of public capital. It follows closely Jorgenson and Landfeld (2004) proposal of modifying Gross Value Added and Gross Operating Surplus figures provided by National Accounts, since public capital services are underestimated....

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...