Mechanisms of economic growth in the EU – the Bayesian approach Cover Image

Mechanizmy wzrostu gospodarczego w Unii Europejskiej. Ujęcie Bayesowskie
Mechanisms of economic growth in the EU – the Bayesian approach

Author(s): Jakub Gazda, Marcin Puziak
Subject(s): Economy, Economic development, Transformation Period (1990 - 2010), Socio-Economic Research
Published by: Wydawnictwo Naukowe Uniwersytetu Szczecińskiego
Keywords: Economic Growth; Convergence Process; European Union;

Summary/Abstract: The basic aim of the article is to find the determinants of economic growth in selected EU regions. The research embraced the years of 1995-2007 and it was conducted for all the regions of EU-15. As a result of research, according to the process of convergence, the crucial factor in the economic growth process was the initial level of GDP per capita. The important elements of growth in the indicated period were also the euro currency membership and the localization (regions of large countries Spain and Great Britain).

  • Issue Year: 28/2013
  • Issue No: 03 (2)
  • Page Range: 109-121
  • Page Count: 13
  • Language: Polish