IDEAS home Printed from
   My bibliography  Save this paper

Aspects regarding the contribution of research and technical progress at GDP’s growth


  • Duda-Daianu, Dana Codruta
  • Harangus, Daniela


The work paper aims to point out the importance of the new technologies like factor of economic development. The new technologies represent the base of competitive advantage at micro and macro level. Those countries that support research could achieve higher GDP, which is an important issue. In the first part of the paper we would like to point out the importance of technical progress and innovations at GDP’s growth, presenting the relation between investments and the aggregated function of production. The last part of the work paper is an analyse of Romania’s situation in the context of European integration from the point of view of investments in the component of informational technology – transformation factor of an economic and social system.

Suggested Citation

  • Duda-Daianu, Dana Codruta & Harangus, Daniela, 2008. "Aspects regarding the contribution of research and technical progress at GDP’s growth," MPRA Paper 16533, University Library of Munich, Germany, revised 01 Aug 2008.
  • Handle: RePEc:pra:mprapa:16533

    Download full text from publisher

    File URL:
    File Function: original version
    Download Restriction: no

    References listed on IDEAS

    1. James Berger & Elías Moreno & Luis Pericchi & M. Bayarri & José Bernardo & Juan Cano & Julián Horra & Jacinto Martín & David Ríos-Insúa & Bruno Betrò & A. Dasgupta & Paul Gustafson & Larry Wasserman &, 1994. "An overview of robust Bayesian analysis," TEST: An Official Journal of the Spanish Society of Statistics and Operations Research, Springer;Sociedad de Estadística e Investigación Operativa, vol. 3(1), pages 5-124, June.
    2. Pankaj Sinha & Ashok Bansal, 2008. "Bayesian optimization analysis with ML-II ε-contaminated prior," Journal of Applied Statistics, Taylor & Francis Journals, vol. 35(2), pages 203-211.
    3. Aase, Knut K., 2000. "An equilibrium asset pricing model based on Lévy processes: relations to stochastic volatility, and the survival hypothesis," Insurance: Mathematics and Economics, Elsevier, vol. 27(3), pages 345-363, December.
    4. Whitmore, G. A., 1976. "Management applications of the inverse gaussian distribution," Omega, Elsevier, vol. 4(2), pages 215-223.
    5. Martín, J. & Pérez, C.J., 2009. "Bayesian analysis of a generalized lognormal distribution," Computational Statistics & Data Analysis, Elsevier, vol. 53(4), pages 1377-1387, February.
    6. Saralees Nadarajah & Samuel Kotz, 2007. "Inverse Gaussian random variables with application to price indices," Applied Economics Letters, Taylor & Francis Journals, vol. 14(9), pages 673-677.
    Full references (including those not matched with items on IDEAS)

    More about this item


    labour force; research; investments; innovation; GDP;

    JEL classification:

    • F00 - International Economics - - General - - - General
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies


    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:pra:mprapa:16533. 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: (Joachim Winter). 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.