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THE RELATIONSHIPS BETWEEN BRANCHES AS A ECONOMICAL GROWTH STRATEGY

Carina-Elena Stegaroiu
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Carina-Elena Stegaroiu: CONSTANTIN BRANCUSI UNIVERSITY, TARGU JIU, ROMANIA

Annals - Economy Series, 2016, vol. 1Special, 252-257

Abstract: Economic growth is ensured not only by the efficiency of economic agents, enterprises, corporations, branches etc., but also by the level of professionalism of the economists in governmental structures. One of the most important methodologies from a practical standpoint is the Balance of Branch Connections (BBC). This method is successfully used by developed countries. For the purpose of demonstrating the methodology of economic growth we will examine a virtual economy with only two branches: 1. Producing goods for unproductive consumption; 2. Producing means of production.

Keywords: methodology; economic growth; economic agent; branch production; virtual economy (search for similar items in EconPapers)
Date: 2016
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