DETERMINANTS OF ECONOMIC GROWTH
Bartosz Totleben ()
Additional contact information
Bartosz Totleben: University of Economics in Poznan
No 5/2013, Working Papers from Institute of Economic Research
The article is examines the impact of macroeconomic indicators, in particular: human capital, government spending, innovation, political and social stability, on economic growth. In total 12 different indicators describing the economical, political and social conditions are taken into account. The study considers 102 countries between years 1960 and 2012 and two methods of estimation are performed: generalized method of moments (GMM) and fixed effects (FE). The results show the positive impact of innovation, foreign investment and education on economic growth. Unemployment, inflation and government spending are negatively associated with economic growth.
Keywords: economic growth; panel research; determinants of economic growth (search for similar items in EconPapers)
Pages: 14 pages
Date: 2013-02, Revised 2013-05
References: Add references at CitEc
Citations: Track citations by RSS feed
Published in Problemy gospodarki swiatowej TOM IV, edited by Magdalena Kuczmarska, Ilona Pietryka, Institute of Economic Research and Polish Economic Society Branch in Torun, Torun 2014
Downloads: (external link)
http://www.badania-gospodarcze.pl/images/Working_Papers/2013_No_5.pdf First version, 2013 (application/pdf)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:pes:wpaper:2013:no5
Access Statistics for this paper
More papers in Working Papers from Institute of Economic Research Contact information at EDIRC.
Bibliographic data for series maintained by Adam P. Balcerzak ().