The Country's Economic Growth Models and the Potential for Budgetary, Monetary and Private Financing of Gross Domestic Product Growth
This article examines the financing of GDP growth within the framework of catch- up, evolutionary and dynamic models of economic development. Methods/statistical analysis: using the principles of the Solow model and the Cobb-Douglas function, an analysis of the nature of the models has been carried...
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| Veröffentlicht in: | European research studies 2017-11, Vol.20 (4A), p.488-500 |
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| container_title | European research studies |
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| creator | Slepov, V.A Burlachkov, V.K Danko, T.P Kosov, M.E Volkov, I.I Grishina, O.A Sekerin, V.D |
| description | This article examines the financing of GDP growth within the framework of catch- up, evolutionary and dynamic models of economic development. Methods/statistical analysis: using the principles of the Solow model and the Cobb-Douglas function, an analysis of the nature of the models has been carried out, considering the processes of capital accumulation, the rate of growth of the workforce, and various aggregate factor productivities. With the help of historical logic and statistical evaluation, examples of countries relating to each of the models examined are reviewed. |
| doi_str_mv | 10.35808/ersj/849 |
| format | Article |
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| ispartof | European research studies, 2017-11, Vol.20 (4A), p.488-500 |
| issn | 1108-2976 |
| language | eng |
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| source | Elektronische Zeitschriftenbibliothek - Frei zugängliche E-Journals |
| subjects | Economic growth Gross domestic product Growth Methods Public finance |
| title | The Country's Economic Growth Models and the Potential for Budgetary, Monetary and Private Financing of Gross Domestic Product Growth |
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