EAN: 9783319693163

ECONOMIC GROWTH IN SMALL OPEN ECONOMIES - ISTVÁ...

This book studies the economic growth and development of four Visegrad economies (Czech
Republic  Hungary  Poland and Slovakia) between 1995-2014. The author uses a neoclassical
growth model with distortions (wedges) to identify the main sources of economic growth for each
of these countries including employment  human capital  capital accumulation and TFP growth.
The first part of the book is structured around the concept of production function  factor
inputs and growth accounting  and the second part of the book looks at selected problems
related to economic developments of the analysed countries. This book combines empirical facts
data analysis and macroeconomic modelling and will appeal to those interested in convergence
and growth in general  and analysts and researchers studying the Visegrad countries in
particular.

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