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Changing Determinants of the Economic Growth – Theoretical Base and Specifics of the Empirics

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  • Rossitsa Rangelova

Abstract

The study presents the evolution of ideas concerning the determinants of the long-term economic growth and the contemporary understandings of them. Based on the achievements in this area, new findings are sought in support of some and in argument of other theses. Based on critical analysis of the currently applied theory and empirics concerning the measuring of the different determinants of the long-term economic growth, new approaches to unsolved so far problems are sought and mentioned.

Suggested Citation

  • Rossitsa Rangelova, 2009. "Changing Determinants of the Economic Growth – Theoretical Base and Specifics of the Empirics," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 2, pages 3-32.
  • Handle: RePEc:bas:econst:y:2009:i:2:p:3-32
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    References listed on IDEAS

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    More about this item

    JEL classification:

    • B4 - Schools of Economic Thought and Methodology - - Economic Methodology
    • C1 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General
    • E1 - Macroeconomics and Monetary Economics - - General Aggregative Models
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

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