Artikel
The impact of social factors on economic growth: Empirical evidence for Romania and European Union countries
This study analyzes the relationship between the social factors and the economic growth. A summary of social and economic environment is presented for Romania. As such, the paper analyzes the global evolution of social and economic environment over time and establishes a direct correlation between human development and economic welfare. An econometric model and a clustering model are tested for European Union countries. The results of the paper reveal the social factors that are positively correlated with the economic growth (i.e. the expected years of schooling and the life expectancy) and, respectively, the factors that are negatively correlated with the economic growth (i.e. the population at risk of poverty and the unemployment rate).
- Language
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Englisch
- Bibliographic citation
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Journal: Romanian Journal of Fiscal Policy (RJFP) ; ISSN: 2069-0983 ; Volume: 3 ; Year: 2012 ; Issue: 2 ; Pages: 1-16 ; Bucharest: Editura ASE
- Classification
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Wirtschaft
Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook: General
Economic Development: Human Resources; Human Development; Income Distribution; Migration
Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
- Subject
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Economic growth
Social factors
Human development
- Event
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Geistige Schöpfung
- (who)
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Popa, Ana-Maria
- Event
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Veröffentlichung
- (who)
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Editura ASE
- (where)
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Bucharest
- (when)
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2012
- Handle
- Last update
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10.03.2025, 11:43 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Artikel
Associated
- Popa, Ana-Maria
- Editura ASE
Time of origin
- 2012
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