IDEAS home Printed from
   My bibliography  Save this article

Balanced economic growth


  • Sorin Gabriel Badea
  • Florin Radu

    (Valahia University Targoviste)


The dynamics of macroeconomic outcomes manifests on short and long periods. Analysis of economic growth is carried out for long periods of time to eliminate the effects of cyclical expansion within short periods of time. The study of economic growth process can be performed using the production function, which enables the theoretical trajectory of the economic system. When there are constant relations between the combined factors of production, economic growth trajectory is its own balanced growth. Per capita production function describes the influence of providing technical labor in the results of long-term macroeconomic dynamics. Properties of real trajectory of economic growth are dependent on the type of long term balanced growth trajectory that tends towards the real growth trajectory.

Suggested Citation

  • Sorin Gabriel Badea & Florin Radu, 2016. "Balanced economic growth," Social-Economic Debates, Association for Entreprenorial Spirit Promotion, vol. 5(2), pages 67-75, August.
  • Handle: RePEc:sdb:social:v:5:y:2016:i:2:p:67-75

    Download full text from publisher

    File URL:
    Download Restriction: no

    File URL:
    Download Restriction: no

    More about this item


    Economic growth; balanced economic growth; per capita production function; balanced economic growth trajectory;

    JEL classification:

    • C02 - Mathematical and Quantitative Methods - - General - - - Mathematical Economics
    • E01 - Macroeconomics and Monetary Economics - - General - - - Measurement and Data on National Income and Product Accounts and Wealth; Environmental Accounts


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sdb:social:v:5:y:2016:i:2:p:67-75. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Adi Sava). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.