The Sources of Growth in the Former SFRY Countries: Comparative Analysis

Milenko Popovic () and Mirjana Čiymović

EconStor Conference Papers from ZBW - Leibniz Information Centre for Economics

Abstract: The topic of this paper is comparative analysis of the economic growth in the former SFRY countries. The paper is primarily devoted to the analysis of the sources of economic growth in these countries. In this regard, apart from conventional decomposition of growth (contributions of capital, labor and total factor productivity), the demand and the industry composition sides of the sources-of-growth analyses have also been considered. Furthermore, the reserves for further rise in GDP per capita have been identified and estimated on the basis of obtained results. Special attention has been paid to possible increase in the total factor productivity induced by the advance in “broader knowledge” as well as to increase in the labor participation rate. Institutional and policy prerequisites for realization of these reserves of growth are also briefly analysed.

Keywords: sources of growth; growth reserves (search for similar items in EconPapers)
JEL-codes: O40 O43 (search for similar items in EconPapers)
Date: 2013-09
New Economics Papers: this item is included in nep-tra
Note: Expected to be published in last issue of 2013 year Zagreb's Economics / Ekonomija.
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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Related works:
Working Paper: The Sources of Growth in the Former SFRY Countries: Comparative Analysis (2013)
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:esconf:82825

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