Economic development and its influence on state capital structure
Agnė Šimelytė and
Jūratė Antanavičienė
Additional contact information
Agnė Šimelytė: Vilnius Gediminas Technical University
Jūratė Antanavičienė: Vilnius Gediminas Technical University
Post-Print from HAL
Abstract:
The article deals with the problem of the formation of the state capital and examines the influence of local or foreign capital on the national economy. The extent to which GDP depends on foreign debt, on foreign direct investments and on financial support was determined. GDP, the export/import ratio, inflation and average wage level are attributed to the key factors defining the growth of economy, i. e. depending on the capital structure. The average wage level is employed as the unit for the calculation of labour costs. It can be observed that the nature, intensity, and impact of the foreign capital vary in different business sectors. The conclusion can be drawn that the impact of the foreign capital and its factors depend only on the country-specific features.
Keywords: GDP; government debt; FDI; foreign capital; capital structure (search for similar items in EconPapers)
Date: 2013-09-30
Note: View the original document on HAL open archive server: https://hal.science/hal-01694339
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)
Published in Entrepreneurship and Sustainability Issues, 2013, 1 (1), pp.1 - 9. ⟨10.9770/jesi.2013.1(1)⟩
Downloads: (external link)
https://hal.science/hal-01694339/document (application/pdf)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-01694339
DOI: 10.9770/jesi.2013.1(1)
Access Statistics for this paper
More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().