The Macroeconomic Framework of Support Analysis for Sustainable Businesses Development

Constantin Mitrut (), Cristina Balaceanu, Mihaela Gruiescu and Daniela Serban
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Constantin Mitrut: Bucharest University of Economic Studies
Cristina Balaceanu: Dimitrie Cantemir Christian University
Mihaela Gruiescu: Romanian-American University
Daniela Serban: Bucharest University of Economic Studies

The AMFITEATRU ECONOMIC journal, 2015, vol. 17, issue 40, 1068

Abstract: The state of satisfaction of an economy results from the quality of the economic products it produces and consumes, in agreement with assuring environment protection, as a source of producing present and future economic goods, and with intensive utilising of human capital, as a source of innovation growth. Knowledge transfer happens in a sustainable economy, whose principles are rational use of resources, limiting of waste, protection, for enabling future generations to have also access to resources. The present research is based on a multifactorial liniar regression model which outlines the direct correlation between the dependent variable welfare and the independent variable of concentration measured by the Gini coefficient of wealth concentration, on the one hand, and by the GDP level, on the other hand, at the level of year 2012. The aim of this research is to identify the correlation between the indicator of quality of life satisfaction or of the welfare function at the level of EU 2012, and the assurance of a macroeconomic framework for sustainable business development.

Keywords: qualitative and quantitative growth; weak/ strong sustainability; social objectives; ecological objectives; unity; sustainable businesses. (search for similar items in EconPapers)
JEL-codes: O15 O44 O47 (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (1)

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