On Determinants Of The Economic Growth Of European Countries During 2005–2015

Jiří Mazurek

doi:10.1515/cer-2017-0010

Autor

Jiří Mazurek Silesian University in Opava, School of Business Administration in Karviná, Department of Informatics and Mathematics

DOI:

https://doi.org/10.1515/cer-2017-0010

Słowa kluczowe:

wzrost gospodarczy, otwartość gospodarcza, indeks demokracji, kapitał ludzki, kapitał fizyczny

Abstrakt

Celem pracy jest analiza wzrostu gospodarczego 32 krajów europejskich w latach 2005–2015. Okres ten charakteryzował się silnym wzrostem przed rokiem 2009, kiedy to rozpoczęła się Wielka Recesja i trwała do 2012–2013 r. w większości badanych krajów. Wzrost w latach 2005 i 2015 badano w odniesieniu do sześciu wybranych czynników społeczno-ekonomicznych: początkowy poziom PKB, otwartość gospodarcza, wskaźnik demokracji, kapitał ludzki, kapitał fizyczny i bezpośrednie inwestycje zagraniczne. Głównym wnioskiem jest to, że wzrost ten był wprost proporcjonalny do kapitału ludzkiego i fizycznego, i odwrotnie proporcjonalny do początkowego poziomu PKB i wskaźnika demokracji. Ponadto, analiza skupień wykazała, iż historyczny podział Europy na „Zachód” i „Wschód” nadal utrzymuje się w znacznym stopniu.

Pobrania

Brak dostępnych danych do wyświetlenia.

Bibliografia

Barro R.J. (1991), Economic Growth in a Cross-Section of Countries, ‘Quarterly Journal of Economics’, 106(2), 407–443.
Google Scholar

Barro R.J. (1996), Determinants of Economic Growth: A Cross Country Empirical Study, NBER Working papers 5698.
Google Scholar

Barro R.J., Sala-i-Martin X. (1992), Convergence. ‘Journal of Political Economy’, 100, 223–251.
Google Scholar

Bassanini A., Scarpetta S. (2001), Does Human Capital Matter for Growth in OECD Countries? OECD Economic Department Working Paper 282.
Google Scholar

Benhabbib J., Spiegel M. (1994), The role of human capital in economic development evidence from aggregate cross-country data, ‘Journal of Monetary Economics’ 34 (2), 143–173.
Google Scholar

Βorensztein E., De Gegorio J., Lee J-W. (1998), How does foreign direct investment affect economic growth?, ‘Journal of International Economics’, 45, 115–135.
Google Scholar

Easterly W., Rebelo S. (1993), Fiscal policy and Economic Growth: An empirical investigation, ‘Journal of Monetary Economics’, 32, 417–458.
Google Scholar

Economist Intelligence Unit (2016). http://pages.eiu.com/rs/eiu2/images/Democracy-Index-2012.pdf.
Google Scholar

Eurostat (2016). http://ec.europa.eu/eurostat/statistics-explained/index.php/National_accounts_and_GDP.
Google Scholar

Evans P., Karras G. (1996a), Do Economies Converge? Evidence from a Panel of U.S. States. ‘Review of Economics and Statistics’, 78, 384–388.
Google Scholar

Fischer S. (1993), The Role of Macroeconomic Factors in Growth. ‘Journal of Monetary Economics’, 32. MIT, Cambridge, USA.
Google Scholar

Gallup J.L, Sachs J. and Mellinger A.D. (1998), Geography and Economic Growth. Paper prepared for the Annual Bank Conference on Development Economics, Washington, D. C., 20–21.
Google Scholar

Helliwell J.F. (1994), Empirical Linkages Between Democracy and Economic Growth, ‘British Journal of Political Science’, 24, 225–248.
Google Scholar

Human Development Reports (2016). http://www.hdr.undp.org/en.
Google Scholar

Kormendi R.C., Meguire P.G. (1985), Macroeconomic Determinants of Growth, ‘Journal of Monetary Economics’, 16(2), 141–163.
Google Scholar

Lloyd S.P. (1982), Least Squares Quantization in PCM, ‘IEEE Transactions on Information Theory’ 28 (2), 129–137.
Google Scholar

MacQueen J.B. (1967), Some Methods for Classification and Analysis of Multivariate Observations, [in:] Lucien M. Le Cam and Jerzy Neyman (Eds.) Proceedings of 5th Berkeley Symposium on Mathematical Statistics and Probability. University of California Press, 281–297.
Google Scholar

Mankiw G.N., Romer D. and Weil D.N. (1992), A contribution to the empirics of economic growth, ‘Quarterly Journal of Economics’, 107, 407–37.
Google Scholar

Mazurek J. (2016), The Evaluation of Recession Magnitudes in EU Countries during the Great Recession 2008–2010, ‘Review of Economic Perspectives’ (3), 231–244.
Google Scholar

Mazurek J., Mielcová E. (2013), Evaluation of Economic Recession Magnitude: Introduction and Application, ‘Prague Economic Papers’ (2), 182–205.
Google Scholar

Μoudatsou A. (2003), Foreign direct investment and economic growth in the European Union, ‘Journal of Economic Integration’, 18(4), 689–707.
Google Scholar

Rodriguez F. (2007), Openness and Growth: What Have We Learned? DESA Working Paper No. 51.
Google Scholar

Sala-i-Martin X. (1996), Regional Cohesion: Evidence and Theories of Regional Growth and Convergence, ‘European Economic Review’, 40, 1325–1352.
Google Scholar

WorldBank (2016a). http://data.worldbank.org/indicator/NE.TRD.GNFS.ZS?page=1
Google Scholar

WorldBank (2016b). http://www.econstats.com/wdi/wdiv_597.htm
Google Scholar

WorldBank (2016c). http://data.worldbank.org/indicator/BX.KLT.DINV.WD.GD.ZS.
Google Scholar

Young A.T., Higgins M.J., Levy D. (2008), Sigma Convergence versus Beta Convergence: Evidence from U.S. County-Level Data, ‘Journal of Money, Credit and Banking’, 1083–1093.
Google Scholar

Zhang, K.H. (1999), FDI and economic growth: evidence from ten East Asian Economies, ‘Economia Internationale’, 7(4), 517–535.
Google Scholar

Zhang K.H. (2001), Does Foreign Direct Investment Promote Economic Growth? Evidence from East Asia and Latin America, ‘Contemporary Economic Policy’, 19(2), 175–185.
Google Scholar