Investīciju struktūra un ekonomikas izaugsme Latvijā
[Investment Structure and Economic Growth in Latvia]
The aim of the paper is to estimate the influence of different structural elements of investment on the process of economic growth in Latvia. Author presents the brief review of the main development trends of the modern economic growth theory. The dynamics and structure of the nonfinancial investment of the Latvian enterprises is analyzed. The results of econometric analysis of the investment structure model presented in this paper show that intangible investment, investment in nonresidential buildings and machinery investment are the most significant factors influencing the level of labor force productivity in Latvia.
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