Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/144530
Authors: 
Vasilev, Aleksandar
Year of Publication: 
2015
Abstract: 
The main focus of the paper is the growth process in transition countries in the period 1992-2002, by taking the production function approach. The empirical cross-section study performed found that initial life expectancy and net savings speed up growth while death rate, inflation, and terms of trade hamper the increase in GDP. The paper also aims at policy implications, such as better spending in the legal system, health care and social security could help governments foster the restructuring process and decrease the effect of the mistakes done in the past.
Subjects: 
Growth
transition countries
JEL: 
C01
Document Type: 
Preprint

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