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A New Appraisal Of The Relationship Between Economic Growth And The Economic Structure

  • Viciu Tania-Georgia

    ()

    (Faculty of Commerce, ASE Bucharest, Romania)

  • Vasile Adrian

    ()

    (Faculty of Commerce, ASE Bucharest, Romania)

  • Costea Carmen-Eugenia

    ()

    (Faculty of Commerce, ASE Bucharest, Romania)

A country’s potential for economic growth and its propensity for business development have long been associated with economic reshaping or restructuring. The numerous interdependencies that may exist between these phenomena are very difficult to grasp due to their complex nature. Economic growth can be seen as the outcome of various indigenous and exogenous factors that are to some extent interdependent. At a first glance, economic growth can be defined in terms of aggregate gain in productivity and competition, based on technological progress. On the other hand, when defining this process one cannot ignore the importance played by the economic structure and the consequent effects generated.

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File URL: http://www.rebe.rau.ro/RePEc/rau/jisomg/SP12/JISOM-SP12-A2.pdf
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Article provided by Romanian-American University in its journal Journal of Information Systems and Operations Management.

Volume (Year): 6 (2012)
Issue (Month): 1 (May)
Pages: 10-18

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Handle: RePEc:rau:journl:v:6:y:2012:i:1:p:10-18
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  1. Aghion, Philippe & Howitt, Peter, 1991. "Growth and Unemployment," CEPR Discussion Papers 577, C.E.P.R. Discussion Papers.
  2. Marcel P. Timmer & Gaaitzen J. de Vries, 2009. "Structural change and growth accelerations in Asia and Latin America: a new sectoral data set," Cliometrica, Journal of Historical Economics and Econometric History, Association Française de Cliométrie (AFC), vol. 3(2), pages 165-190, June.
  3. Aghion, P. & Howitt, P., 1989. "A Model Of Growth Through Creative Destruction," UWO Department of Economics Working Papers 8904, University of Western Ontario, Department of Economics.
  4. Aghion, Philippe & Howitt, Peter, 1992. "A Model of Growth Through Creative Destruction," Scholarly Articles 12490578, Harvard University Department of Economics.
  5. George Hondroyiannis & Sophia Lazaretou, 2007. "Inflation persistence during periods of structural change: an assessment using Greek data," Empirica, Springer, vol. 34(5), pages 453-475, December.
  6. Bhattacharya, Rina, 1997. "Pace, sequencing and credibility of structural reforms," World Development, Elsevier, vol. 25(7), pages 1045-1061, July.
  7. Boratav, Korkut & Turel, Oktar & Yeldan, Erinc, 1996. "Dilemmas of structural adjustment and environmental policies under instability: Post-1980 Turkey," World Development, Elsevier, vol. 24(2), pages 373-393, February.
  8. Andreas Dietrich, 2009. "Does Growth Cause Structural Change, or Is it the Other Way Round? A Dynamic Panel Data Analyses for Seven OECD Countries," Jena Economic Research Papers 2009-034, Friedrich-Schiller-University Jena, Max-Planck-Institute of Economics.
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