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Correlations between the investment process and economic growth

Author

Listed:
  • Cristi Cojocaru

    (University of Craiova Faculty of Economics and Business Administration)

  • Cristina Borovina

    (University of Craiova Faculty of Economics and Business Administration)

Abstract

The importance of investments within the economic growth process is a phenomenon pertaining to the scientific proofs. The modern growth theories designate the development process in which knowledge is the main internal factor, while the economic development process is the result of the final production growth, accompanied by the quantity growth and information quality. In the spirit of this theory, the human capital, technologies and information become pertinent elements of the sustainable economic development.

Suggested Citation

  • Cristi Cojocaru & Cristina Borovina, 2014. "Correlations between the investment process and economic growth," Annals of University of Craiova - Economic Sciences Series, University of Craiova, Faculty of Economics and Business Administration, vol. 2(42), pages 147-155.
    • Handle: RePEc:aio:aucsse:v:2:y:2014:i:42:p:147-155
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    More about this item

    Keywords

    investment; economic growth; GDP; GNP; direct foreign investments;
    All these keywords.

    JEL classification:

    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General

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