Expenditure Factors Determining the Economic Growth of the Euro Area Countries Cover Image

Разходна обусловеност на икономическия растеж в страните от Еврозоната
Expenditure Factors Determining the Economic Growth of the Euro Area Countries

Author(s): Nikolay Velichkov
Subject(s): Politics / Political Sciences, Economy, National Economy, Supranational / Global Economy, Economic policy, Public Finances, Socio-Economic Research
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: economic growth; Eurozone (euro area)
Summary/Abstract: This paper analyzes the economic growth in the euro area countries and interprets it in the context of the expenditure factors involved. In this context, the expenditure structure of the GDP and its dynamics in the periods before and after the last crisis is examined, the independent behavior of the individual expenditure components is commented, as well as their contribution to the achieved rates of economic growth. In this way, certain specific features between countries and groups of countries within the euro area are derived.