Determinants of economic growth in South - East Europe: A panel data approach

• Autorzy: Marija Trpkova , Biljana Tashevska
• Języki publikacji: EN

Abstrakty

EN

The objective of this paper is to reveal the main determinants of the economic growth in South-East European countries. Real GDP growth rate represents economic growth in the analysis. We perform a panel data analysis for 7 countries with similar economic surroundings: Albania, Bosnia and Herzegovina, Bulgaria, Croatia, Macedonia, Romania and Serbia. The observation period is 1995 - 2007. Empirical results indicate that Consumer price index, Current account/GDP, Exchange rate, General government balance, General government expenditure, Population, Large scale privatization and Price liberalization are some of the main factors on which Southeast European countries policy makers should focus in order to reach significant increase in economic growth.(original abstract)

Słowa kluczowe

EN

Economic growth; Price indices; Gross domestic product (GDP); Exchange rates; Privatisation

PL

Wzrost gospodarczy; Wskaźniki cen; Produkt krajowy brutto (PKB); Kurs walutowy; Prywatyzacja

• Czasopismo: Perspectives of Innovations, Economics and Business
• Rocznik: 2011
• Tom: 7
• Numer: nr 1
• Strony: 12--15

Twórcy

autor

Marija Trpkova

• University of Ss. Cyril and Methodius in Trnava, Slovakia

autor

Biljana Tashevska

• University of Ss. Cyril and Methodius in Trnava, Slovakia

Bibliografia

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