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Economic growth in centrally planned economies was declining with the duration of these economic systems. There were multiple reasons for this development. Deeper insight can be provided by dividing economic growth into extensive and intensive parts. The goal of this article is to estimate the...
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The paper examines the evolution of income per capita for a sample of high-income transition countries in the period 1991-2007. The analysis focuses on the dynamics of income per capita convergence throughout the period. We review patterns of income dispersion in Central Europe in a historical...
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significant potential for improving the productivity growth rate of host countries through technology transfer. Design …/methodology/approach: The impact of potential spillover effects associated with FDI flows on productivity growth has been examined by …
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